Singapore Property Stocks Set for Best Start in Over a Decade

Singapore’s real estate stocks are set for their best start in 14 years, buoyed by investor bets that upcoming earnings reports will unveil generous capital return plans.

The FTSE ST All-Share Real Estate Investment and Services Index — which tracks nine listed property development firms — has surged nearly 14% this year, marking the strongest January performance since 2012, according to Bloomberg-compiled data. The rally has outpaced a broader Bloomberg index of Asian real estate stocks by around 10 percentage points over the same period.