Frasers Centrepoint Trust's share price has been stable so far this year despite a broad sell-off in Singapore REITs. We find out why investors are buying into this retail REIT. What happened? Frasers Centrepoint Trust, or FCT, is one of the best-performing Singapore REITs so far this year. As of 31 October 2023, its share price has been stable year-to-date at S$2.07. This would compare to a 15% decline in the iEdge S-REIT index over the same period. Source: Beansprout Frasers Centrepoint Trust is the largest suburban retail provider in Singapore with a portfolio of malls such as Causeway Point and Nex. Frasers Centrepoint Trust  has a 10.5% share of suburban shopping centre floor space in Singapore This percentage surpasses CapitaLand Integrated Commercial Trust (9.6%) and Mapletree Pan Asia Commercial Trust (5.5%) and is also higher than the Housing Development Board’s 7.2%. Let us find out what is driving the strong share price performance of Frasers Centrepoint Trust ....