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Guide · 3 min read

What is the iEdge S-REIT Leaders Index?

EugeneBy Eugene
~22
of Singapore’s biggest, most-traded REITs — in one index.

If you follow Singapore REITs, you'll see the iEdge S-REIT Leaders Index come up a lot — usually as "the benchmark" for the sector. In plain terms, it's a single number that tracks Singapore's biggest and most actively traded REITs, so you can see how the leading part of the S-REIT market is doing at a glance.

It's run by SGX's own index arm, and it's the index behind one of the most popular REIT ETFs on the exchange — so it's worth understanding even if you never buy it directly.

Why “Leaders”?

Singapore has around 40 listed REITs and property trusts. The Leaders index doesn't hold all of them — it screens for the largest and most liquid ones. "Liquid" just means heavily traded, so you can buy and sell without moving the price much. The result is roughly the top 20-plus S-REITs — the household names rather than the tiny, thinly traded ones.

As of 2026 there are around 22 REITs in it, including names like CapitaLand Integrated Commercial Trust, CapitaLand Ascendas REIT and Mapletree Logistics Trust. You can see them all, ranked by yield, on the Singapore REITs page.

How the index is built

A few simple rules keep it sensible:

  • Weighted by size — bigger REITs count for more, using adjusted free-float market value (the shares actually available to trade).
  • A liquidity tilt — on top of size, the more heavily traded REITs get a small boost, so the index leans toward the ones you can actually move in and out of.
  • Capped at 10% — no single REIT can be more than 10% of the index. That stops one giant name from dominating and keeps you diversified.
  • Reshuffled twice a year — the index is reviewed and rebalanced every March and September, so it stays current as REITs grow, shrink, or get added.

How to actually invest in it

You can't buy an index directly — but you can buy a fund that copies it. The main one is the CSOP iEdge S-REIT Leaders Index ETF (SGX code: SRT), which holds the same REITs in the same proportions. Buy one unit and you own a slice of the whole leading S-REIT market in a single trade — the same way an STI ETF gives you the blue chips. It trades through any broker, just like a stock.

Some robo-advisers (such as Syfe's REIT+ portfolio) are also built around this index, if you'd rather have it managed for you.

Buy the index, or pick your own REITs?

It's the classic trade-off:

  • The index (via the ETF) is hands-off and instantly diversified — you own the leading REITs across malls, offices, warehouses and data centres in one go, with the 10% cap doing the risk-spreading for you. The trade-off is a small annual fund fee, and you can't avoid the weaker names in the basket.
  • Picking your own lets you concentrate on the REITs you rate most and skip the rest — but it takes research, and getting it wrong hurts more. Our guide to how S-REITs work walks through the numbers to check.

Neither is “right” — the ETF is the easy default for broad, low-effort REIT income, while individual picks suit people who want to back specific names. Compare every S-REIT by distribution yield on the Singapore REITs page, or see how the index-tracking ETF stacks up on the best Singapore ETFs page.

One more thing worth knowing: whichever route you take, the distributions you receive as an individual investor are tax-free in Singapore — so the yield you see is close to the yield you keep.

Buy the index?

One ETF (CSOP, SGX: SRT) tracks the whole index — the leading S-REITs in a single trade, capped at 10% each so you stay diversified.

Compare every S-REIT by yield →
Eugene
Eugene
A regular Singaporean dad who got tired of cluttered, confusing finance sites
Common questions
+What is the iEdge S-REIT Leaders Index?
It's an index run by SGX that tracks Singapore's largest and most heavily traded REITs — around 22 of them as of 2026. Constituents are weighted by size with a liquidity tilt, each capped at 10%, and the list is rebalanced every March and September. It's the main benchmark for the S-REIT market.
+How can I invest in the iEdge S-REIT Leaders Index?
You can't buy an index directly, but you can buy a fund that tracks it. The CSOP iEdge S-REIT Leaders Index ETF (SGX: SRT) holds the same REITs in the same proportions, so one trade gives you the leading S-REITs. Some robo-advisers, such as Syfe's REIT+ portfolio, are also built around this index.
+How many REITs are in the iEdge S-REIT Leaders Index?
Around 22 as of 2026 — the biggest, most-traded Singapore REITs. The exact list changes at each March and September rebalance as REITs grow, shrink, or are added.
+Is the iEdge S-REIT Leaders ETF better than buying individual REITs?
Neither is automatically better. The ETF is hands-off and diversified, with a 10% cap per REIT spreading your risk — but you pay a small fund fee and can't avoid the weaker names. Picking your own lets you concentrate on the REITs you rate most, at the cost of more research and more risk if you're wrong.