Singapore REIT ETFs Compared

Four ETFs to get diversified S-REIT or APAC REIT exposure in one trade. Yield, expense ratio, geographic mix, and what each is best for.

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ETF	Yield	Expense	Holdings	Geo
Lion-Phillip S-REIT ETF CFA.SI	~5.5%	0.60% p.a.	~30 S-REITs	100% Singapore-listed REITs
NikkoAM-StraitsTrading Asia ex-Japan REIT ETF CLR.SI	~5.7%	0.55% p.a.	~35 Asia ex-Japan REITs	~60% Singapore, ~25% Hong Kong, smaller weights in…
Phillip SGX APAC Dividend Leaders REIT ETF SRT.SI	~5.3%	0.70% p.a.	~30 APAC REITs	Wider APAC inc. Australia + Japan tilt
CSOP iEdge S-REIT Leaders ETF BHE.SI	~5.4%	0.45% p.a.	~25 large S-REITs	100% Singapore-listed REITs

Lion-Phillip S-REIT ETF

CFA.SI

Lion Global Investors

Yield: ~5.5%
Expense ratio: 0.60% p.a.
Holdings: ~30 S-REITs
Benchmark: Morningstar Singapore REIT Yield Focus Index

Geographic exposure: 100% Singapore-listed REITs

Best for: Pure S-REIT exposure with quality-yield tilt. Largest SG REIT ETF by AUM.

Watch out for: Concentrated in the same ~10 largest S-REITs as competing funds — index methodology screens for yield + quality, missing high-yield/low-quality outliers.

NikkoAM-StraitsTrading Asia ex-Japan REIT ETF

CLR.SI

Nikko AM

Yield: ~5.7%
Expense ratio: 0.55% p.a.
Holdings: ~35 Asia ex-Japan REITs
Benchmark: FTSE EPRA Nareit Asia ex-Japan REITs 10% Capped Index

Geographic exposure: ~60% Singapore, ~25% Hong Kong, smaller weights in Malaysia/Thailand/India

Best for: Investors wanting broader Asia REIT exposure beyond just SGX. Includes Link REIT (HK), Hong Kong commercial REITs.

Watch out for: Currency risk from HKD/MYR/THB/INR. Some Asian REITs trade thinly, affecting tracking.

Phillip SGX APAC Dividend Leaders REIT ETF

SRT.SI

Phillip Capital

Yield: ~5.3%
Expense ratio: 0.70% p.a.
Holdings: ~30 APAC REITs
Benchmark: SGX APAC Dividend Leaders REIT Index

Geographic exposure: Wider APAC inc. Australia + Japan tilt

Best for: Investors who want diversified APAC REIT income with Australian/Japanese diversification.

Watch out for: Higher expense ratio. AUD/JPY currency exposure significant.

CSOP iEdge S-REIT Leaders ETF

BHE.SI

CSOP Asset Management

Yield: ~5.4%
Expense ratio: 0.45% p.a.
Holdings: ~25 large S-REITs
Benchmark: iEdge S-REIT Leaders Index

Geographic exposure: 100% Singapore-listed REITs

Best for: Cheapest S-REIT ETF by expense ratio. Concentrated on the largest, most liquid names.

Watch out for: Smaller AUM than Lion-Phillip's CFA. Newer fund — tracking history shorter.

ETF vs picking REITs directly

REIT ETFs solve diversification and rebalancing in one trade. The tradeoff: you get the average, including REITs you might never have bought individually. The expense ratio (0.45–0.70%) eats ~10% of distributions if the underlying portfolio yields ~5%.

A 5–10 REIT portfolio built from the screenercan match ETF diversification while skipping low-conviction names and avoiding the expense drag. Tradeoff: you need to rebalance yourself and manage corporate actions (rights issues, mergers).

Where to buy

All four ETFs trade on SGX during local hours. We compare brokers on commissions, CDP support, and SRS compatibility — same considerations apply for buying these ETFs as for direct REITs.