Week Ending: 28 August 2026

Singapore SG Real Estate Industry

Reit - Industrial

For the week ending 28 August 2026, Reit - Industrial declined 1.41% with 0 advancing, 7 declining, and 2 unchanged constituents. The index is equal weighted and the constituent tape shows uncapped security returns.

Current architecture Downward Expansion

The activity fan is bearishly ordered below the Trend Line with price accepted beneath it.

37 technical evidence
Index1186.83 1 week-1.41% Breadth0% Members9
Country 🇸🇬 Singapore · SG
Sector Real Estate
Universe country-listed
Price basis Adjusted weekly close

Trend architecture

Index, activity fan and structural anchors

Rolling 156-week evidence. Trend Signal points mark weeks when price, trend and the activity fan confirmed together.

Index Value Trend Line Fair Value Activity Lines Constructive architecture Transitional architecture Defensive architecture
Current architecture Downward Expansion 2 completed weeks in this state
Trend acceptance -4.3% Index versus Trend Line
Persistence 100% Negative across every horizon
Participation 0% 0 advancing, 7 declining

Investor positioning lens

Is the evidence ready for capital?

A rules-based technical classification using trend, breadth, persistence, relative strength and path quality.

Current posture Reduce exposure into strength

Counter-trend rallies may occur, but primary structure and persistence do not yet support adding risk.

37 technical evidence
out of 100
Evidence balance

Five-pillar map

Reduce
Trend
31
Breadth
15
Persistence
22
Relative
71
Risk quality
92
What supports the view
  • Medium-term relative returns and peer standing remain constructive.
What restrains conviction
  • Index trend architecture has not delivered a durable upward expansion.
  • Breadth remains too narrow or inconsistent for a high-conviction position.
  • Constituent persistence remains divided or predominantly negative.
  • The current 13-week parent-relative trend is weakening.
  • Stage 4 declining constituents exceed Stage 2 advancing constituents by 62 percentage points.

This is a weekly research classification, not personal investment advice. Sentiment is reported as an independent confirmation layer and does not alter the technical score.

Trend state and durability

Architecture, persistence and constituent regimes

The index path is tested against the underlying security-level trend evidence.

Index architecture Downward Expansion

The activity fan is bearishly ordered below the Trend Line with price accepted beneath it.

State age2 weeks
Trend gateDown
Fan width2.18%
Fast versus slow change-1.59 pts
Above 33% Below 67%
Six completed weeks of price acceptance relative to the full Activity Line fan.
Index persistence

Negative across every horizon

100% agreement

The 13, 26, 39 and 52-week trends all point downward, confirming persistent contraction.

13-week
-5.3%
26-week
-7.8%
39-week
-7.8%
52-week
-1.9%
Regime age1 weeks 52-week flips1 52-week boundary1209.75
Constituent trend persistence

Is the index move broadly durable?

89% coverage
Coherent positive0%
Coherent negative38%
Average horizon agreement78%
Positive horizon share16%
Weakening positives3
Repairing negatives0

8 constituents measured as of 28 Aug 2026. Median trend age is 15 weeks.

Custom stage map

Where constituents sit in the cycle

89% coverage
Stage 1 · Basing0%0 securities
Stage 2 · Advancing0%0 securities
Stage 3 · Distribution38%3 securities
Stage 4 · Declining63%5 securities
Re-acceleration watch0 Transition watch3 Relative strength leaders0% Fair Value repairs0

Measured as of 28 Aug 2026. Stages summarize price, Activity Line architecture, Fair Value position and relative evidence.

Architecture breadth

How market energy is distributed

73/100 mean confidence
Upward expansion
12% 1
Rotation up
0% 0
Deceleration
12% 1
Balance
38% 3
Rotation down
0% 0
Downward expansion
38% 3
Unresolved
0% 0

Architecture breadth shows the distribution of expanding, rotating, balancing and contracting securities. It is diagnostic context and is not added as a second vote in the positioning score.

Capital rotation

Performance relative to Real Estate

Weakening
Relative index 13-week relative trend Starting level
Rotation dashboard Weakening

A rising relative line means this group is compounding faster than Real Estate. A falling line means capital has done better in the parent benchmark.

Relative index89.6
13-week trend90.8
4-week trend change0.56%
Weekly peer rank2 of 8
1 week
0.2 pts relative
4 weeks
-3.5 pts relative
13 weeks
0.2 pts relative
26 weeks
3.2 pts relative
52 weeks
0.9 pts relative

Market internals

Participation, dispersion and path risk

Equal-weight index evidence with constituent-level breadth and dispersion.

Breadth

Participation quality

Narrow
Advancing
0
Declining
7
Unchanged
2
4-week average 11%
13-week average 31%
Risk and persistence

Path quality

52-week lens
Annualised weekly volatility9.6%
Drawdown from 52-week high-9.8%
Positive weeks, last 1331%
Current directional run4 weeks
Turnover versus 13-week norm151%
Breadth impulse-33.3 pts
Cross-section

Return distribution

9 measured
Q1 -2.0% Median -1.6% Q3 -0.9%
Average winner%
Average loser-1.8%
Dispersion0.9 pts
Top-five upside sharen/a
Top-five capital share90%
Capital data coverage100%

Dispersion describes how far constituent outcomes are spreading apart. Capital concentration is contextual only; the index itself is equal weighted.

Momentum cycle

30-week persistence

Positive readings show expansion. Negative readings show contraction.

Breadth cycle

Net participation

Advancers less decliners as a percentage of measured constituents.

News and narrative

Does company news confirm the market tape?

Open Sentiment Intelligence
Sentiment evidence is still developing

Qualified company-level news coverage is not yet broad enough to influence the group view.

0 qualified records across 9 measured constituents.

Leadership tape

Leaders, laggards and contribution shape

Latest completed week, ranked on uncapped constituent returns.

Constituent ledger

Industry constituents

All 9 measured constituents, ranked by latest weekly return.

Rank Ticker Company Exchange Market cap Close Index contribution Return
1 ME8U Mapletree Industrial Trust SES 5.54B 1.92 0.00 pts
0.00%
2 UIBU UIBREIT SES 1.09B 0.79 0.00 pts
0.00%
3 M44U Mapletree Logistics Trust SES 5.96B 1.16 -0.09 pts
-0.85%
4 A17U CapitaLand Ascendas REIT SES 12.04B 2.43 -0.14 pts
-1.22%
5 BUOU Frasers Logistics & Commercial Trust SES 3.52B 0.93 -0.18 pts
-1.59%
6 O5RU AIMS APAC REIT SES 1.20B 1.46 -0.22 pts
-2.01%
7 M1GU Alpha Integrated Real Estate Investment Trust SES 556.90M 0.48 -0.23 pts
-2.04%
8 DHLU Daiwa House Logistics Trust SES 277.13M 0.395 -0.27 pts
-2.47%
9 9A4U ESR REIT SES 1.84B 2.30 -0.28 pts
-2.54%

The index uses capped equal-weight weekly constituent returns. The ledger shows uncapped security returns so outliers remain visible for research.

Evidence context