Keppel’s strong quarter—and the positive reaction across its suite of REITs—has definitely put the spotlight back on Singapore’s top conglomerate. With the main Keppel entity up 5% after earnings, and both Keppel REIT and Keppel DC REIT posting gains of 2% and 2.65% respectively, it’s clear investors see real value in the group’s diversified, asset-light model.
Is Keppel a good investment choice? Right now, the answer looks pretty compelling. The company is firing on all cylinders: infrastructure and renewables are showing growth, the offshore & marine pivot is finally bearing fruit, and the property/urban development segments are more resilient than many expected. Meanwhile, its REITs are benefiting from strong underlying assets, stable distributions, and defensive characteristics—especially Keppel DC REIT, which continues to ride the wave of data centre demand.
What’s more, Keppel’s business mix is well suited to current market conditions. As investors get more selective in a high-rate, volatile global environment, Keppel’s steady dividends, growth in renewables, and focus on recurring income stand out. For those looking for exposure to Singapore’s ongoing infrastructure build-out and digital transformation, it’s hard to ignore Keppel.
Personally, holding Keppel or its REITs has been a rewarding strategy—not just for price appreciation, but also for steady, reliable income. After a strong earnings season like this, there may be some short-term profit taking, but the long-term fundamentals remain attractive. If you don’t already own some, any post-earnings dip could be a good opportunity to accumulate.
Anyone else holding Keppel or its REITs? Are you adding here, or waiting for a pullback to buy more?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
