Top Singapore Blue-Chip Stocks to Watch in 2026 (STI Component Picks)

Blue-chip stocks represent some of the most reliable investments on the market, known for their well-established reputations and strong positions within their industries. These companies typically boast impressive track records, consistently delivering solid returns to investors, often through reliable, growing dividend payments. 

Thanks to their resilience and stability, blue-chip stocks are especially appealing for conservative investors seeking dependable returns. However, even those with a higher risk tolerance can benefit from adding blue chips to diversify portfolios and mitigate volatility in uncertain markets.

In Singapore, the Straits Times Index (STI) includes the top blue-chip stocks listed on the Singapore Exchange (SGX), each offering unique opportunities for stable growth. The TTM dividend yields for top-weighted STI stocks ranged from 4.04% to 4.64%, providing an attractive edge over the typical 12-month fixed deposit rate of around 3% p.a.

This article explores some of the best blue-chip stocks in Singapore, outlining their growth prospects and value as strategic investments for 2026, focusing specifically on STI-component blue chips worth watching now - covering dividend yield, sector concentration risk, and how these stocks have actually performed through recent market cycles, not just a generic explanation of what 'blue chip' means.

What is a blue-chip stock?

A blue-chip stock is the equity of a large, well-established company known for its reliability, financial strength, and consistent returns over time. These companies have earned a strong reputation and are leaders in their industries, often providing stability to investors’ portfolios. Here’re some of the characteristics of blue-chip stock:

• Large Market Capitalization: While blue-chip companies often have market capitalizations of $10 billion or more, being a blue chip can also be attributed to leading companies in a specific market or sector, regardless of size. These companies command investor confidence and have the financial stability to withstand market volatility effectively.
• Strong Reputation: With long histories and established track records, blue-chip companies are widely trusted. Their reliability and brand strength create consistent demand from investors and consumers alike.
• Dividend Payouts: Regular dividends are a hallmark of blue-chip stocks. These companies not only provide consistent dividend payments but often increase them over time.
• Stability and Resilience: Blue-chip companies have demonstrated resilience through various economic cycles, maintaining steady revenue and profit growth. This consistency makes them a reliable choice, even in volatile market conditions.

Why invest in blue chip stocks?

1. Proven Stability

Blue-chip stocks in Singapore represent companies with longstanding histories and stability. Their size and reliability help them withstand market downturns better than most, making them a safer investment for preserving capital.

2. Consistent Dividend Income

Singapore’s top blue-chip companies have a record of consistent, often increasing dividend payments, offering a reliable income stream for investors seeking passive income without sacrificing growth potential.

3. High-Quality Diversification

Blue-chip stocks span various sectors, including finance, telecommunications, real estate, and logistics, providing diversification across industries and reducing the impact of sector-specific risks on your portfolio.

4. Trusted Brand Value

These companies have established reputations in Singapore and globally, such as DBS Bank and Singapore Airlines. Their respected brand value and consumer trust contribute to steady demand, even during market fluctuations.

5. International Exposure

Many Singapore blue-chip companies operate globally, particularly in Asia, giving investors indirect access to international growth markets like China and Southeast Asia, enhancing the portfolio’s growth potential.

6. Resilience in Economic Downturns

Blue-chip companies typically have robust cash reserves and financial resilience, enabling them to navigate economic slowdowns more effectively than smaller firms, offering investors a layer of protection in challenging markets.

Singapore blue-chip stocks offer a balanced investment choice for both income and growth, with their stability, reliable dividends, and diversified market presence making them ideal for long-term, risk-conscious investors.

Top blue-chip stocks in Singapore for your portfolio

In Singapore, blue-chip stocks are largely represented by companies listed on the Straits Times Index (STI), which comprises the largest and most established names on the Singapore Exchange. The STI includes a diverse range of high-performing companies across sectors such as telecommunications, consumer goods, real estate, and financial services. These companies are known for their significant market capitalizations and strong dividend yields.

Below is a table of prominent blue-chip stocks in Singapore:

*Data from Yahoo Finance as of 11 August 2026

Your all-in-one Singapore portfolio

Gain diversified exposure to blue-chips, bonds, and REITs in one professionally managed, SGD-denominated portfolio—so you can capture Singapore’s growth without the hassle of picking individual stocks or monitoring markets daily.

#1 DBS Group Holdings Ltd (SGX:D05)

DBS Bank, Singapore's largest and one of Asia's leading banks, demonstrates strong financial performance and innovation, making it a solid blue-chip stock choice. Known for its extensive presence in 19 markets, DBS is particularly distinguished by its commitment to digital banking innovations, enhancing customer experience and operational efficiency.

In the second quarter of 2026, DBS reported a record net profit of $3.08 billion SGD, a 9% increase from the same period last year. For the first half of 2026, net profit rose 5% to a record $6.01 billion SGD, with a return on equity (ROE) of 17.5%. For full-year 2025, net profit was $11.03 billion SGD, with an ROE of 16.2%

The bank declared an interim dividend of 66 cents per share for the second quarter of 2026. DBS also declared a Capital Return dividend of 15 cents per share per quarter, to be paid throughout 2026, as part of its plan to return excess capital to shareholders.

DBS’s competitive advantage is bolstered by continuous growth in non-interest income. In 1H 2026, deposits rose 11% in constant-currency terms to $638 billion SGD, while net fee income surged 20% to a record $2.94 billion SGD, led by wealth management and transaction services.

Singapore’s political stability, favorable tax policies, and support for family offices and trusts continue to attract strong inflows of wealth into Asia, benefiting DBS’s wealth management segment. In 1H 2026, assets under management (AUM) in the wealth segment surpassed $500 billion SGD for the first time, indicating continued growth potential.  

CEO Tan Su Shan noted that DBS's 'strong balance sheet, sound asset quality, healthy allowance reserves and capital position leave us well placed to capture growth opportunities and continue delivering sustainable shareholder returns.'

Why DBS is a strong investment option

• Robust financial performance with growth momentum: DBS’s 1H2026 results reflect continued strong performance, with 1H net profit reaching a record $6.01 billion SGD, a 5% increase from the previous year.

• Stable and resilient net interest margins (NIM): DBS has maintained resilient net interest margins despite market shifts. Group NIM was 1.88% in 1H2026, while the commercial book NIM stood at 2.25%, reflecting the bank's ability to navigate interest rate cycles while preserving profitability.

• Diversified revenue mix: DBS’s diverse income sources reduce dependence on any single market. In 1H2026, net fee income rose 20% year-over-year, with wealth management fees surging 33% to a new high of $1.83 billion SGD, supported by strong customer demand for investment products and bancassurance sales.

• Commitment to shareholder returns: DBS continues to prioritize shareholder returns, declaring an interim Q2 2026 ordinary dividend of 66 cents per share alongside a 15-cent quarterly Capital Return dividend, underscoring its commitment to returning excess capital to shareholders.

• Strategic focus on digital innovations: DBS continues to lead the way in digital banking, prioritizing technology to enhance both operational efficiency and customer engagement. This digital-first strategy not only improves service quality but also positions DBS to capture further growth in the digital and fintech sectors, reinforcing its competitive advantage.

#2 Oversea-Chinese Banking Corporation Ltd (SGX: O39)

OCBC is Singapore's second-largest bank, with a well-diversified business model spanning banking, wealth management, and insurance through its subsidiary Great Eastern Holdings. The Group continues to strengthen its presence across Southeast Asia and Greater China, underpinned by disciplined cost control and diversified revenue streams.

In the first half of 2026, OCBC achieved a net profit of $4.19 billion SGD, a 13% increase from the same period last year, driven by strong growth in wealth management and insurance. Total income rose 11% to $8.00 billion SGD, supported by a 36% increase in non-interest income to $3.51 billion SGD. Net interest margin (NIM) stood at 1.88% in 1H2026, amid downward benchmark rate pressures.

Wealth management continued to be a key contributor to OCBC’s performance. Group wealth management income accounted for a major share of total income, while banking wealth management assets under management (AUM) reached new records. Net fee income rose 26% in 1H2026 to $1.41 billion SGD, largely driven by a 41% increase in wealth management fees to $1.04 billion SGD. Net trading income reached $1.13 billion SGD, while total insurance results from Great Eastern contributed strongly to non-interest income.

OCBC’s board declared an interim ordinary dividend of 47 cents SGD per share for the first half of 2026, up 15% from 41 cents a year ago, representing a payout ratio of approximately 50% of net profit. For full-year 2025, total dividends declared amounted to $0.99 SGD per share, including a special dividend of $0.16 SGD per share, reflecting a 60% total payout ratio as part of its $2.5 billion SGD capital return plan.

The Group maintained strong asset quality, with the non-performing loan (NPL) ratio remaining steady at 1.0%. Total allowances for 1H2026 were $372 million SGD, with credit costs kept low. OCBC also maintained solid capital buffers, with its Common Equity Tier 1 (CET1) ratio at 16.9% on a transitional basis or 15.0% on a fully phased-in basis.  

Why OCBC is a strong investment option

Robust Earnings Momentum

OCBC delivered record earnings momentum with 1H2026 net profit surging 13% year-on-year to $4.19 billion SGD. This was underpinned by resilient performance across core banking, insurance, and wealth management. The Group’s ability to sustain profit growth despite global uncertainties highlights its operational strength and income diversification.

Attractive and Sustainable Dividend Payout

OCBC declared an interim dividend of $0.47 SGD per share for 1H2026 (a 50% payout ratio), following a total dividend of $0.99 SGD per share for FY2025 that included a special dividend representing a 60% total payout ratio. This reflects the Group’s confidence in its earnings stability and commitment to rewarding shareholders while maintaining capital strength.

Diversified and Growing Revenue Streams

Non-interest income surged 36% in 1H2026, driven by double-digit growth in wealth management fees, trading, and insurance income. Wealth AUM continues to reach record levels. This diversification helps OCBC navigate margin pressures and economic cycles more effectively than peers heavily reliant on lending income.

Solid Capital and Risk Management

OCBC continues to maintain strong credit quality and prudent risk controls. The NPL ratio held healthy at 1.0%. Its CET1 ratio of 16.9% (15.0% fully phased-in) signals ample capital buffer to weather macro headwinds and pursue growth opportunities.

#3 United Overseas Bank Ltd (SGX: U11)

UOB is the third-largest bank in Singapore with a strong regional presence in Southeast Asia. It has been expanding its digital capabilities and focusing on the growing wealth management segment.

United Overseas Bank (UOB) reported strong results for the first half of 2026, driven by resilient franchise performance, double-digit wealth management fee growth, and reduced credit allowances. Net profit for 1H 2026 reached $2.92 billion SGD, up 3% year-on-year. For the full-year 2025, net profit stood at $4.77 billion SGD (including 2H2025 net profit of $1.85 billion SGD). Source: UOB

The bank declared an interim dividend of $0.88 SGD per share for 1H 2026, reflecting an increase from 85 cents in 1H 2025. Total dividends declared for FY2025 were $1.56 SGD per share (comprising a 71-cent final dividend and an 85-cent interim dividend). Net interest income for 1H 2026 eased slightly by 3% year-on-year to $4.62 billion SGD, as net interest margin (NIM) contracted by 18 basis points to 1.78% due to falling benchmark rates. Source: UOB

Net fee income stood at $1.30 billion SGD in 1H 2026, supported by double-digit growth in wealth management fees alongside steady card billings. Wealth management fees rose 15% year-on-year to a record half-year high of $462 million SGD, driven by sustained client engagement and strong investment demand. Wealth AUM reached $190 billion SGD in 2025 and continued its growth trajectory into 2026.

Other non-interest income increased 4% year-on-year to $1.09 billion SGD in 1H 2026, supported by record customer-related treasury income and non-recurring gains from asset divestments. Total income for 1H 2026 was $7.02 billion SGD, while total FY2025 income reached $13.8 billion SGD.

Why UOB is a strong investment option

Resilient Net Interest Margins (NIM) In 1H 2026, UOB maintained resilient net interest income at $4.62 billion SGD, cushioned by 5% year-on-year loan growth and proactive funding cost management.

Strong momentum in Net Fee & Wealth Income Wealth management fees delivered double-digit growth to reach a record half-year high of $462 million SGD in 1H 2026. Net card fees also remained strong at $572 million SGD, reflecting sustained consumer activity.

Consistent asset quality UOB’s asset quality remained stable, with a non-performing loan (NPL) ratio of 1.6% as of 30 June 2026. Total credit allowances declined 27% to $414 million SGD, bringing total credit costs on loans down to 27 basis points.

Regional expansion UOB continues to benefit from regional ASEAN growth following the integration of Citi’s retail operations across Malaysia, Indonesia, Thailand, and Vietnam. This expanded regional footprint enhances cross-selling opportunities and deepens UOB’s market reach across Southeast Asia.

#4 Singapore Telecommunications Ltd (SGX: Z74)

As of 11 August 2026, Singtel (SGX: Z74) has released its Full Year 2026 (FY2026) financial results (for the financial year ended 31 March 2026), reflecting significant progress under its Singtel28 (ST28) strategy.

Full Year 2026 Financial Highlights

• Net Profit: Surged 40% year-on-year to $5.6 billion SGD, lifted by exceptional gains from partial stake sales in Airtel, partially offset by provisions in Australia.
• Underlying Net Profit: Increased 12% year-on-year to $2.8 billion SGD, driven by solid operational growth across operating companies and regional associates.
• Operating Company EBIT: Rose 9% (10% in constant currency) to $1.5 billion SGD, led by strong momentum at NCS, Digital InfraCo, and Optus.
• Regional Associates' Contribution: Rose 11% (25% in constant currency, excluding Intouch) to $2.0 billion SGD, driven by Airtel (India & Africa) and AIS (Thailand).
• Record Full-Year Dividend: Declared a record total ordinary dividend of 18.5 cents per share for FY2026 (comprising a 13.4-cent core dividend and a 5.1-cent value realization dividend).

Key Divisional Highlights

• Optus: Rebounded strongly with EBIT surging 23% in constant currency (EBITDA up 6%), driven by mobile service revenue growth, postpaid repricing, and benefits from a network-sharing agreement. Mobile customer additions rose by 16,000.
• Singtel Singapore: Maintained resilience despite intense consumer market price competition. The enterprise segment grew to account for over 50% of revenue. Continued advancing 5G+ capabilities, launching Southeast Asia's first Hybrid Quantum-Safe Network.
• NCS: Delivered record bookings and revenue, with EBIT jumping 34%. Growth was propelled by enterprise Al-led transformations, public sector projects, and the expansion of its proprietary Sunshine.AI suite.
• Digital InfraCo (Nxera & RE:AI): Revenue and EBIT grew 24%, supported by strong demand for data center capacity and GPU-as-a-Service (RE:AI). Operational capacity is set to double from 200MW to over 400MW as new Al-ready data centers (including the 58MW DC Tuas in Singapore) come online.

Strategic & Capital Management Milestones

• Transformational STT GDC Acquisition: Partnered with KKR to acquire STT GDC at an enterprise value of $13.8 billion SGD. The deal positions Singtel on the global stage with 2.8GW in combined design capacity across 50 global data centers.
• Capital Recycling Target Exceeded: Generated $3.9 billion SGD in asset recycling proceeds in FY2026 (totaling $5.8 billion SGD to date), surpassing half of its $9 billion mid-term target.
• Share Buyback Execution: Established a $2 billion SGD value realization share buyback programme, with $106 million SGD executed in FY2026 and plans to execute up to $1 billion SGD in FY2027.
• Special Discounted Shares (SDS) Transfer: Initiated the transfer of Singtel SDS from the CPF Board to individual CDP accounts, simplifying the shareholding structure and improving stock liquidity.

Why Singtel is a Strong Investment Option

1. Successful Execution of ST28 Growth Plan:Singtel has achieved an underlying Return on Invested Capital (ROIC) of 11.1%, successfully meeting its low double-digit target set in FY2023 while actively pivoting toward digital infrastructure.
2. Global Digital Infrastructure & AI Pivot:Through Nxera, RE:AI, Paragon, and the landmark STT GDC acquisition, Singtel has evolved from a traditional telco into an end-to-end digital infrastructure and sovereign AI enabler across Asia and Europe.
3. Strong Regional Associate Franchise:Regional associates (Airtel, AIS, Globe, Telkomsel) hold #1 or #2 market positions in their respective high-growth economies, providing robust dividend support (~$1.1 billion SGD annually) and long-term earnings upside.
4. Progressive Shareholder Returns & Capital Allocation:Underpinned by a core payout ratio of 70%–90% of underlying profit, a sustained 3–6 cents Value Realization Dividend (VRD) through FY2030, and up to $1 billion SGD in share buybacks planned for FY2027.
5. Balance Sheet Resilience:Substantial proceeds from active capital recycling provide strong liquidity to fund expansion in data centers and AI cloud capabilities without straining the balance sheet.

#5 Capitaland Investment Ltd (SGX: 9CI)

CapitaLand Investment Ltd (CLI) is a leading global real asset manager headquartered in Singapore, with operations across more than 40 countries. As of December 2025, CLI’s funds under management (FUM) grew to $125 billion SGD, supported by strong capital-raising momentum and strategic investments in platforms such as SC Capital Partners and Wingate.

In the first quarter of 2026, CLI reported fee-related revenue of $310 million SGD, a 10% increase year-on-year, underpinned by strong growth in listed funds management and private funds management. Total revenue stood at $487 million SGD, with its asset-light Fee-Related Business making up 59% of total revenue. For the full year 2025, total revenue was $2.13 billion SGD, while operating PATMI improved 6% to $539 million SGD. Lower portfolio gains and revaluation pressures on its China portfolio brought full-year 2025 total PATMI to $145 million SGD. CLI declared a core dividend of 12.0 cents per share for FY2025.

CLI continues to scale its global platforms across private credit, listed REITs, and private funds. In early 2026, CLI announced approximately $2.5 billion SGD in total equity raised across listed and private funds, securing major capital mandates including a $2.4 billion SGD real estate portfolio mandate from Income Insurance. The Group remains focused on its strategic roadmap to achieve $200 billion SGD in FUM by 2028.

Lodging remains a core growth driver through CLI's lodging management arm, The Ascott Limited. In 1Q 2026, RevPAU grew 3% year-on-year on a same-store basis, led by strong operational performance in Japan and South Korea. Ascott is advancing its digital and AI transformation through strategic partnerships with Accenture and Amadeus, while its Ascott Star Rewards loyalty program expanded past 8 million members.

On the sustainability front, CLI secured $5.7 billion SGD in sustainable financing in FY2025 alone, taking its total sustainable finance raised to around $26 billion SGD since 2018. CLI maintained its top-tier MSCI "AAA" ESG rating for the fourth consecutive year and received the President's Award for the Environment 2025.

Why CapitaLand Investment Limited is a Strong Investment Option

Resilient Operating Profitability

CLI demonstrated solid core operational resilience, generating an improved FY2025 Operating PATMI of $539 million SGD (+6% YoY) despite macroeconomic headwinds, supported by lower interest costs, reduced operating expenses, and disciplined execution.

Scalable Global Growth Strategy

With a clear target to reach $200 billion SGD in FUM by 2028, CLI is actively expanding high-conviction platforms across credit, logistics, self-storage, and lodging in key resilient markets including Singapore, Japan, Australia, and India.

Asset-Light, Fee-Driven Earnings Model

Fee-Related Business (FRR) accounts for nearly 60% of total revenue, generating steady, recurring income streams from listed funds, private funds, commercial management, and lodging management. This model cushions earnings against transactional real estate market volatility.

Industry-Leading Sustainability & ESG Credentials

Maintaining an MSCI "AAA" ESG rating, CLI integrates sustainability across its investment strategies and capital structure, having raised $26 billion SGD in sustainable financing. This strong ESG position appeals to institutional capital seeking sustainable real asset opportunities.

CLI’s disciplined capital allocation, growing recurring fee revenue, and strong balance sheet position it as a growth-oriented, resilient investment in the global real estate sector.

#6 CapitaLand Integrated Commercial Trust (SGX: C38U)

CapitaLand Integrated Commercial Trust (CICT)is Singapore's first and largest real estate investment trust (REIT), boasting a market capitalization of $17.43 billion SGD as of December 2025. Established in 2002 as CapitaLand Mall Trust, it rebranded in November 2020 following a merger with CapitaLand Commercial Trust.CICT's diversified portfolio, valued at $24.5 billion SGD as of December 2023, encompasses 21 properties in Singapore, along with assets in Frankfurt, Germany, and Sydney, Australia.

The trust focuses on high-quality, income-generating commercial properties, primarily retail and office spaces. In the second half of 2024, CICT reported a distribution per unit (DPU) of 5.45 Singapore cents, consistent with the same period in 2023. This brings the total DPU for FY2024 to 10.88 Singapore cents, a 1.2% increase from the previous year. Based on a closing price of $1.93 SGD per unit on December 31, 2024, the annualized distribution yield stands at approximately 5.6%.Gross revenue for H2 2024 was $689.7 million SGD, reflecting a 1.7% year-on-year increase, primarily due to stable performance in the Singapore office portfolio. Net property income rose by 2.1% to $497.3 million SGD, attributed to higher gross rental income and effective cost management.

The portfolio maintained a strong committed occupancy rate of 96.8%, supported by proactive leasing strategies and successful renewals across both retail and office segments. Asset enhancement initiatives are progressing as planned, with projects at IMM Building in Singapore and Gallileo in Germany expected to complete by the second half of 2025.

Why CICT is a strong investment option

• Dominant market position: As Singapore's largest integrated commercial REIT, CICT's diversified portfolio across retail, office, and integrated developments offers resilience against economic fluctuations and capitalizes on the country's robust commercial real estate market.

• Organic and inorganic growth potential: CICT's proactive asset enhancement initiatives and strategic acquisitions, such as the proposed 50% stake in Ion Orchard, are poised to enhance portfolio value and income streams.

• Prudent financial managementWith a well-structured debt profile averaging 3.5 years to maturity and 76% of debt on fixed interest rates, CICT effectively manages interest rate exposure. The issuance of $300 million SGD in 10-year green bonds at 3.75% underscores its commitment to sustainable financing.

CICT's strong financial metrics, strategic growth plans, and prudent financial management position it as a compelling investment choice for those seeking stable and growing returns in the commercial real estate sector.

#7 Singapore Airlines Ltd (SGX: C6L)

Singapore Airlines (SIA) is a premier global airline based in Singapore, known for excellence in service and innovation. SIA operates a dual-brand strategy with its flagship premium service, Singapore Airlines, and Scoot, its low-cost subsidiary catering to budget-conscious travelers in Asia.In addition to passenger services, SIA owns SIA Engineering Company, listed on the SGX, providing maintenance, repair, and overhaul (MRO) services for SIA and other international airlines.

This reinforces the group’s high operational standards.A member of the Star Alliance, SIA enhances its global reach through partnerships and code-sharing. With a modern fleet focused on fuel efficiency and sustainability, SIA continues to lead the aviation industry, setting benchmarks in service and eco-friendly practices.

Singapore Airlines (SIA) Group reported $238.5 SGD million in net profitfor the first half of FY2026, a 67.9% decline from the $742 million SGD recorded in the previous year. The drop in profitability was mainly attributed to losses from its associate, Air India, which were not included in SIA’s financials in the prior period. From December 2024 onward, following the full integration of Vistara into Air India, the group began equity-accounting Air India’s financial performance, bringing these losses into the current reporting period.Despite the fall in net profit, SIA continued to demonstrate operational resilience. Revenue performance remained robust, supported by healthy travel demand and steady cargo contributions. The group maintained strong load factors and continued expanding its network reach, reinforcing its competitive position across key international markets.

Why Singapore Airlines (SIA) is a strong investment option

• Market leadership in Asia’s Aviation HubAs Singapore’s flagship carrier, SIA benefits from its strategic position at Changi Airport, one of the world’s busiest transit hubs. Its extensive network across more than 115 destinations enhances regional and global connectivity.

• Resilience through financial strength and operational readinessSIA’s robust balance sheet supports its ability to navigate challenges. The $1.63 billion SGD Q3 net profit, bolstered by the Air India-Vistara merger, reflects strong financial resilience. Net gearing remains low at 0.43 times, ensuring stable capital management.

• Strategic growth and regional partnershipsSIA’s 25.1% stake in the Air India-Vistara entity strengthens its multi-hub strategy in India. Partnerships with Garuda Indonesia, Riyadh Air, and Lufthansa further expand route networks and connectivity.

• Commitment to sustainabilitySIA continues to lead in sustainability through its net-zero emissions target by 2050 and sustainable aviation fuel (SAF) partnerships with Cathay Pacific and Shell. Initiatives like fleet modernization and fuel-efficient aircraft further support its eco-friendly transition.

Singapore Airlines’ record profits, strategic expansions, and commitment to sustainability underscore its resilient growth outlook. Its strong financial foundation, regional leadership, and focus on operational excellence position SIA as a compelling investment in the evolving aviation landscape.

#8 ComfortDelGro Corporation Ltd (SGX: C52)

ComfortDelGro Corporation Limited (CDG) is a leading global land transport company based in Singapore, providing a wide range of services, including public bus and rail transport, taxi and private-hire vehicle services, car rental and leasing, and automotive engineering.CDG is also involved in driving centers, motor vehicle inspection, non-emergency patient transport, and outdoor advertising. Its extensive operations make it a key player in the mobility sector, recognized for its commitment to service quality and innovation.

Beyond Singapore, CDG has established a significant international presence across 12 countries, including the United Kingdom, Australia, China, and Malaysia. Operating a vast fleet of around 40,000 vehicles, CDG leverages its diverse expertise and robust operational framework to adapt to evolving market demands, strategically expanding its footprint and service offerings worldwide.

ComfortDelGro (CDG) financial performance remained strong, with 9M 2025 revenue rising 13.9% YoY to $3.7 billion SGD. The group’s Q3 2025 revenue of around $1.3 billion SGD was driven largely by its expanding UK public transport business, which continues to be a key growth engine. According to the group, overseas revenue increased to 55.3% YoY mainly due to the Addison Lee acquisition in Europe and Metroline Manchester contracts

Why ComfortDelGro is a strong investment option

• Leading global land transport operator with strong expansion strategy: As one of the world’s largest listed land transport operators, CDG has established a robust presence across Singapore, Australia, the UK, and China. Its track record in managing public transport systems in multiple countries positions it well to secure additional international contracts.Recent wins, such as the Greater Manchester bus contract and the Stockholm rail contract, are evidence of CDG’s continued success in expanding its global footprint, providing substantial revenue growth and diversification.

• Strategic acquisitions and earnings-accretive projects: CDG’s acquisitions, including A2B in Australia and CMAC in the UK, align with its strategy to bolster its transport expertise across key markets. These acquisitions are expected to be earnings accretive, supporting CDG’s profitability.New contracts, including the high-value Greater Manchester bus and Stockholm rail contracts, are projected to contribute significantly to earnings by FY25, positioning CDG well for steady growth.

ComfortDelGro’s well-diversified revenue streams, international growth strategy, and continued focus on expanding high-margin contracts make it a compelling investment option with promising long-term growth prospects.

#9 Sheng Siong Group Ltd (SGX: OV8)

Sheng Siong Group Ltd., founded in 1985 by the Lim brothers, has grown from a small provision shop in Ang Mo Kio to become Singapore’s third-largest supermarket chain, operating 91 stores in Singapore and 6 stores in China. Known for its wide range of affordable, quality products, including fresh produce, groceries, and household items, Sheng Siong has built a reputation as a trusted name in the retail market.

Expanding beyond Singapore, Sheng Siong entered the Chinese market in 2017 with a store in Kunming. The Group also emphasizes sustainability and community engagement, focusing on key pillars like customer care, employee welfare, and environmental responsibility. Through these initiatives, Sheng Siong continues to serve as a reliable, value-focused supermarket option for Singaporean and international shoppers alike.

For the first six months ending 30 June 2026 (1H 2026), Sheng Siong Group delivered robust growth, with revenue rising 11.9% year-on-year to $855.4 million SGD, supported by new store openings and healthier comparable same-store sales. For the full-year 2025, revenue rose 12.1% to $1.53 billion SGD, driven by steady consumer demand.

Gross profit for 1H 2026 increased 15.6% to $272.4 million SGD, with gross profit margin improving to 31.8% from 30.8% a year ago, attributable to a better sales mix. Net profit for 1H 2026 climbed 11.9% to $81.0 million SGD, driven by higher sales volumes and operational efficiency. The Group declared an interim dividend of 3.75 cents SGD per share, up from 3.20 cents in 1H 2025. Source: Sheng Siong

Sheng Siong expects grocery demand in Singapore to remain resilient, supported by steady household spending and ongoing government support measures. According to the Singapore Department of Statistics, the Supermarkets and Hypermarkets segment continued to record positive year-on-year growth into 2026. Consumer spending at heartland retailers continues to benefit from government support such as CDC vouchers.

Why Sheng Siong Group is a strong investment option

Strong supply chain and store expansion track record

Sheng Siong’s ability to consistently expand its store network and optimize procurement strategies has been instrumental in driving its revenue and margin growth. By securing new HDB store tenders and partnering with platforms like Foodpanda, Sheng Siong continues to extend its footprint and digital reach across Singapore, ensuring sustainable growth.

Proven margin expansion and operational efficiency

Gross profit margin expanded to 31.8% in 1H 2026 due to effective sales mix management and optimized sourcing. Operational productivity and automation investments allow the Group to cushion rising business and labor costs.

Attractive dividend payout and cash flow

Sheng Siong maintains a strong balance sheet with zero debt and $402.3 million SGD in cash and cash equivalents as of 30 June 2026. This financial strength supports consistent dividend payouts, with the 1H 2026 interim dividend raised 17.2% to 3.75 cents per share.

#10 Thai Beverage Public Company Limited (SGX: Y92)

Thai Beverage Public Company Limited (ThaiBev), founded in 2003 and listed on the Singapore Exchange, is a leading beverage and food company in Southeast Asia. Its diverse portfolio includes renowned brands such as SangSom, Hong Thong, and Chang Beer, spanning spirits, beer, non-alcoholic beverages, and food products. The company holds a 53.58% stake in Sabeco, Vietnam’s largest beer producer, and maintains strategic investments in Fraser and Neave (F&N) and Frasers Property.

Operating an extensive production network, ThaiBev manages 19 distilleries, 3 breweries, and 20 non-alcoholic beverage facilities in Thailand, along with international sites in Vietnam, Scotland, and Myanmar. Its distribution network reaches over 90 countries, and the company is recognized on the Dow Jones Sustainability Index for its commitment to environmental and social governance.

For the full year ended September 30, 2025 (FY2025), ThaiBev reported a 6.8% decline in net profit attributable to shareholders to 25.36 billion baht (~$1.01 billion SGD). ThaiBev attributed the weaker profitability to macroeconomic challenges that softened consumer sentiment across key markets, increased investments in brand-building and new product launches, as well as higher operating expenses from its expanding restaurant network. Total FY2025 revenue declined 2.1% year-on-year to 333.3 billion baht. Despite the drop, ThaiBev proposed a total dividend allocation of 0.62 baht (~$0.0248 SGD) per share for FY2025.

For the first half ended March 31, 2026 (1H 2026), ThaiBev demonstrated operational resilience and margin expansion. While sales revenue dipped 2.5% year-on-year to 173.2 billion baht due to a sluggish consumer environment, net profit from normal operations grew 7.8% year-on-year to 19.16 billion baht, driven by a 41% surge in beer earnings and lower key raw material costs (such as malt and molasses). Gross profit margin expanded 1.7 percentage points to a record 32.3%. An interim dividend of 0.15 baht per share was declared for 1H 2026.

In summary, ThaiBev's robust portfolio, strategic regional investments, and consistent performance across key segments underscore its potential as a strong investment opportunity in the Southeast Asian beverage industry.

#11 Keppel Corporation Limited (SGX: BN4)

Keppel Corporation (Keppel) has transformed into a global asset manager and operator, focusing on infrastructure, real estate, and connectivity solutions. With operations in over 20 countries, Keppel plays a key role in sustainable energy, digital connectivity, and urban renewal, making it a leader in sustainability-driven investments.

Keppel delivered strong results for the first nine months of 2025, with net profit rising over 25% year-on-yearfor the New Keppel, excluding the Non-Core Portfolio for Divestment and M1’s telco business, which has been reclassified as Discontinued Operations. This performance reflects the continued success of Keppel’s transformation strategy, supported by earnings growth across its Infrastructure, Real Estate, and Connectivity segments. Keppel’s Funds Under Management (FUM) surged 60% YoY to $88 billion SGD, demonstrating strong investor confidence and demand for Keppel-managed assets. This positions Keppel as a leading global asset manager across real estate, private credit, and sustainable infrastructure.

The growth reflects its ability to secure capital from institutional investors while scaling its investment platforms. Recurring income remained a key driver of stability, expanding by nearly 15% YoY in 9M 2025, underpinned by higher contributions from both asset management and operating income. The Non-Core Portfolio for Divestment also returned to profitability, reversing its loss from a year earlier. When including Discontinued Operations where accounting losses were recorded due to the proposed sale of M1’s telco business the Group still achieved over 5% YoY growth in net profit, underscoring the resilience of the New Keppel’s diversified business model.Keppel accelerated its asset monetisation programme in 9M 2025, announcing $2.4 billion SGD in divestments, including the proposed sale of M1’s telco business and its stake in 800 Super.

Since launching the programme in 2020, Keppel has monetised nearly $14 billion SGD and is targeting over $500 million SGD more in the coming months, reinforcing its asset-light, capital-efficient strategy.Keppel also prioritised shareholder returns. Under its $500 million SGD share buyback programme, Keppel repurchased $92.6 million SGD of shares by end-September 2025. From 2022 to 2025, it returned $6.6 billion SGD to shareholders and delivered 38% annualised TSR, far outperforming the STI’s 14.5%, reflecting strong confidence in its transformation.

Why Keppel Corporation is a strong investment option

• Leadership in asset management & infrastructure: Keppel’s FUM surged to $88 billion SGD, positioning it as a major player in real estate, energy, and digital infrastructure. Its ability to generate stable, recurring income ensures resilience in a volatile market.
• Aggressive growth through asset monetization: Keppel now announced about $14 billion SGD in asset monetisation since 2020, including $2.4 billion SGD in 9M 2025 from the proposed divestments of M1’s telco business and its stake in 800 Super, reinforcing its $10-12 billion SGD asset monetization roadmap. This allows for reinvestment into high-growth, sustainability-focused ventures.
• Strong financial performance & cost efficiency: From January 2022 to September 2025, Keppel returned $6.6 billion SGD to shareholders through dividends and distributions. Its 38% annualised Total Shareholder Return (TSR) significantly outperformed the STI’s 14.5%, demonstrating strong market confidence in Keppel’s strategy and execution.
• Commitment to sustainability & innovation: Keppel is spearheading two new subsea cable projects, enhancing regional connectivity while advancing clean energy and urban renewal. The company’s decarbonization strategies align with long-term sustainable investment trends.

Keppel’s transformation into a high-growth asset manager and operator is delivering higher profitability, stronger recurring income, and expanded investment opportunities. With a focus on sustainability, asset monetization, and digital infrastructure, Keppel is well-positioned for long-term growth and shareholder value creation.

#12 Singapore Technologies Engineering (SGX: S63.SI)

ST Engineeringis a global leader in defense, aerospace, and smart city solutions, driving innovation across critical infrastructure and digital systems. With a presence in Asia, the U.S., Europe, and the Middle East, the company delivers cutting-edge solutions while advancing sustainability.

ST Engineering delivered strong revenue growth in 9M2025, with revenue rising 9% year-on-year to $9.1 billion SGD, supported by solid performances across all business segments. The Commercial Aerospace (CA) segment led with 11% YoY growth, driven by robust demand for Engine MRO and Nacelles, partially offset by softer passenger-to-freighter (PTF) activity. Defence & Public Security (DPS) posted 9% YoY revenue growth, with all sub-segments contributing, while Urban Solutions & Satcom (USS) recorded 5% YoY growth, supported by steady project momentum in Urban Solutions.Momentum accelerated in the third quarter.

For 3Q2025, Group revenue rose 13% to $3.1 billion SGD , with CA, DPS and USS registering 22%, 5%, and 15% YoY growth respectively.Contract wins remained a key highlight. ST Engineering secured $14.0 billion SGD in new contracts in 9M2025, including $4.9 billion SGD in 3Q2025, lifting its order book to a new record of $32.6 billion SGD as at end-September 2025. Approximately $2.8 billion SGD of this is scheduled for delivery by year-end, providing strong revenue visibility. As part of its ongoing portfolio review, the Group divested several non-core businesses including LeeBoy, CityCab and its stake in SPTel generating $594 million SGD in cash proceeds and $258 million SGD in after-tax divestment gains.

ST Engineering declared a 3Q2025 interim dividend of 4.0 cents, and will propose a 6.0-cent final dividend plus a 5.0-cent special dividend, bringing FY2025 dividends to 23.0 cents per share if approved. Despite these payouts, the Group maintains strong financial capacity to reinvest and pursue growth.

Why ST Engineering is a Strong Investment

• Leadership across critical sectorsST Engineering’s diversified business across defense, aerospace, and smart city solutions ensures resilience and growth. Its leadership in MRO services, cybersecurity, and smart infrastructure strengthens its market position.
• Robust Revenue and profit growthFor 9M2025, the Group delivered 9% YoY revenue growth to $9.1 billion SGD , with broad-based expansion across all segments. ST Engineering also secured $14.0 billion SGD in new contracts, driving its order book to a record $32.6 billion SGD, with $2.8 billion SGD scheduled for delivery in 2025, ensuring strong earnings visibility.
• Strong international expansion and contract winsST Engineering's international presence continues to expand, with significant Middle Eastern, European, and Southeast Asia contracts secured across aerospace, defense, and urban solutions.
• Commitment to innovation and sustainabilityST Engineering continues investing in digital transformation, AI-driven solutions, and sustainable urban projects, positioning itself at the forefront of technology-driven infrastructure.

ST Engineering’s strong financial performance, record order book, and leadership in aerospace, defense, and smart city solutions highlight its resilience and growth potential. With strategic international expansions, technological innovation, and sustainable practices, ST Engineering remains a compelling investment choice for long-term value.

Effortless Investing in Singapore with StashAway’s Singapore Investing Portfolio

For investors who want exposure to Singapore’s blue-chip assets without the need to pick individual stocks, StashAway offers the Singapore Investing Portfolio. This portfolio provides a diversified investment approach tailored for the Singapore market, combining bonds, equities, and S-REITs. It’s designed to balance risk and returns, focusing on established Singaporean assets, which makes it an ideal solution for long-term wealth growth with low hassle.

What is the Singapore Investing Portfolio?

The Singapore Investing Portfolio is an SGD-denominated, SGX-traded portfolio by StashAway that is available to both retail and accredited investors. This portfolio is a convenient and diversified approach to investing in Singapore’s top assets, providing exposure across various asset classes. Here’s the current asset allocation as of 11 August 2026:

• 34% Corporate Bonds
• 24% Government Bonds
• 17% Singapore Equities
• 12% Cash Equivalents
• 12% Real Estate (REITs)
• 1% Cash

Diversified Portfolio of Singaporean ETFs

This portfolio consists of six carefully selected ETFs listed on the Singapore Exchange, representing various asset classes that contribute to its low-risk and balanced nature. These ETFs include:

• ABF Singapore Bond Index Fund (Government Bonds)
• Amova AM SGD Investment Grade Corporate Bond ETF (Investment-Grade Corporate Bonds)
• iShares Barclays USD Asia High Yield Bond Index ETF (Asia High Yield Bonds)
• AmovaAM Straits Times Index ETF (Large-Cap Singapore Stocks)
• Lion-Phillip S-REIT ETF (Singapore Real Estate Investment Trusts)
• Phillip SGD Money Market ETF (Cash Equivalents)

Why Choose the Singapore Investing Portfolio?

StashAway’s Singapore Investing Portfolio offers several advantages for investors seeking stability and growth within the Singapore market:

• No Minimum Investment: Ideal for investors of all levels, with no barriers to entry.
• No Foreign Exchange Risk: The portfolio is SGD-denominated, reducing currency risk.
• Professional Management: Managed by StashAway’s expert team with an optimized asset allocation strategy.

This portfolio is a straightforward way to gain diversified exposure to Singapore’s top assets without the need for constant management, making it an ideal choice for those looking to invest in Singapore’s growth with ease and confidence.