In recent years people have said the SGX was “too quiet,” but this year’s report card has brought market attention back to Singapore.
#1 in Southeast Asia! Singapore’s IPO Performance This Year:
According to Deloitte’s 2025 Regional IPO Report:
As of November 14, Singapore ranked first in Southeast Asia with 9 IPOs raising USD 1.6 billion. Compared to last year’s 4 IPOs totaling USD 34 million, that’s double the number of deals and a 47x surge in funds raised.
Even more importantly, post-IPO returns have been strong:
📈 Average first-day pop: +12%
📈 Average YTD performance: +29%
2 Major REITs Became the Backbone of Singapore’s IPO Market
The spike in fundraising this year mainly came from two large REITs:
⭐ 1. $NTT DC REIT USD(NTDU.SI)$ – Focused on data centers, raised over USD 500M
⭐ 2. $Cent Accom REIT(8C8U.SI)$ – Focused on lodging assets, raised over USD 500M
Together, they contributed 88% of total fundraising.
But even so, Singapore still lags far behind the U.S. IPO market—this is why MAS is rolling out policies to boost the IPO landscape.
3 Key Points of MAS Announces Upgrades to Further Stimulate IPO Activity
1. SGX will cut the minimum trading lot size for high-priced stocks from 100 shares → 10 shares
Making IPO participation more accessible for smaller investors.
2. 9 Top Asset Managers Join the Market Development Fund
This includes 6 newly-appointed global/local managers such as BlackRock, Eastspring, Manulife, Lion Global, Amundi, AR, managing a combined SGD 3.95 billion.
These funds will be channeled into: Singapore IPO allocations; Improving liquidity of small/mid-cap stocks; Attracting international institutions back to SGX
3. Value Discovery Programme
MAS will invest SGD 30 million to help listed companies improve governance and investor communication.
Equip Grant: up to SGD 15,000; Elevate Grant: up to SGD 200,000
If IPO entry requirements drop in the future, would you participate?
Join the discussion and leave your comments to win tiger coins!
If entry requirements are lowered, would you be more willing to subscribe to SGX IPOs?
Do you prefer REITs, data centers, or upcoming tech IPOs?
Do you think MAS’s reforms can continue attracting global capital?
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Comments
最令人兴奋的事情之一是新交所与纳斯达克的双重上市合作,以简化在美国和新加坡的双重上市。将为市值超过20亿新元的公司引入全球上市板。
我很想买 $Sea Ltd(SE)$ 和 $Grab Holdings(GRAB)$ 如果他们在纳斯达克和新加坡双重上市。
另一个催化剂是将交易价格在10新元或以上的股票的标准每手数量从100单位减少到10单位。
这些变化预计将于2026年第一季度实施。
想象一下能够购买10批 $星展集团控股(D05.SI)$ 而不是100手。这将有助于资金有限的小投资者购买星展银行。
我期待新交所的这些新改革。
@Tiger_SG @Tiger_comments @TigerStars @TigerClub @CaptainTiger
I generally prefer REITs and data-center listings because they offer clearer income visibility and stable demand. Tech IPOs are interesting, but I’m more selective given their volatility and the smaller size of Singapore’s tech ecosystem.
I also think MAS’s reforms can help attract more global capital. Smaller lot sizes improve accessibility, strong asset managers add institutional depth, and the Value Discovery Programme boosts governance and transparency. Together, these steps make SGX’s IPO market more attractive moving forward.
@Tiger_SG @TigerStars @Tiger_comments
Check them in the history - “community distribution“