For many Singaporeans, investing centres around the pursuit of dividends, which enable them to earn regular, passive income. Among the various asset classes, Singapore’s Real Estate Investment Trusts (SREITs) are a favourite for their high distribution yields. The SGX Research Chartbook for SREITs & Property Trusts, as of March 2024, reveals that the average distribution yield for 41 S-REITs and property trusts stands at an impressive 7.3%. This figure is higher than the yield offered by the STI Index at 5.3%, and the Monetary Authority of Singapore’s (MAS) Benchmark 10-Year Government Bond at 3.1%. What makes a good REIT? For starters, having a strong sponsor helps. The following list presents five REITs with substantial yields that are supported by reputable sponsors.

1. CapitaLand Ascendas REIT (SGX: A17U)

CapitaLand Ascendas REIT (CLAR) is our city state’s first and largest business space and industrial REIT. This REIT is backed by CapitaLand Investment Limited (SGX: 9CI), a prominent real estate investment management company with a...