Singapore SGX Lot Size Cost Calculator 2026 — 100-Unit Lot Cost, Budget-to-Lots, Minimum Investment to Diversify Across 5 S-REITs & Brokerage Comparison Across 7 Singapore Brokers

SGX standard lot size 2026: the Singapore Exchange (SGX) standard board lot size is 100 shares or units; this applies to all SGX-listed securities including: Singapore REITs (S-REITs); SGX-listed equities; ETFs on SGX; business trusts; preference shares; stapled securities; history: before 19 January 2015, the standard lot was 1,000 shares/units; SGX reduced it to 100 to lower the minimum investment requirement and attract more retail participation; a “1 lot” purchase of any S-REIT therefore requires: 100 units × unit price = minimum investment; examples at current illustrative 2026 prices: CICT (C38U) at S$1.90: 1 lot = S$190; Ascendas REIT (A17U) at S$2.48: 1 lot = S$248; ParkwayLife REIT (C2PU) at S$3.80: 1 lot = S$380; some special securities: certain preference shares, bonds, or hybrid securities may have different lot sizes (e.g., 1 lot for bonds is typically S$250,000 face value); for all standard equity and REIT trading: 100 units per lot is universal on SGX; minimum investment to own all major S-REITs: can be achieved with S$1,000–S$2,000 for 1 lot each of the major industrial, retail, and logistics REITs; this accessibility is one reason S-REIT investing is so popular in Singapore.

SGX Odd Lot Market for Singapore investors 2026: the Odd Lot Market (previously called the Unit Share Market) allows buying and selling of quantities BELOW the standard 100-unit lot; key features: minimum quantity: 1 unit (1 share or REIT unit); maximum: 99 units; trading mechanism: separate order book from the main board; generally less liquid with wider bid-ask spreads; execution: through most SGX member brokers (DBS Vickers, OCBC, FSMOne, Tiger, Moomoo, etc.); trading hours: same as main board; practical uses for Singapore retail investors: 1. Clearing fractional or odd-lot holdings from corporate actions: rights issues, spin-offs, stock splits often leave investors with odd-lot quantities; sell them on the Odd Lot Market; 2. Precise averaging down: if your average down calculator (P191) says buy exactly 2,273 units, buy 2,200 on main board (22 lots) + 73 units on Odd Lot Market; 3. SCRIP rounding: if SCRIP allotment gives 5,127 units and you want a round 5,200: buy 73 units on Odd Lot Market; 4. Small monthly S-REIT investing: buy exactly S$300 worth of CICT each month, regardless of whether it’s a round lot; 5. Initial portfolio building with very small capital: buy 50 units of CICT for S$95 to start exposure without full S$190 commitment; limitations: wider spreads: typically 0.5%–2% wider than main board; less trading activity: harder to execute at mid-price; not all platforms have easy odd-lot interface; FSMOne: has a clear odd-lot trading section; most brokers support it through their standard trading platform.

Brokerage impact on Singapore S-REIT returns 2026: brokerage is a one-time cost at purchase (and again at sale) but significantly impacts effective yield for small trades: the key relationship: effective brokerage cost % = brokerage paid / trade value × 100%; for small trades below the minimum commission threshold: the effective rate can be VERY high; example: buying 1 lot of MLT at S$1.24 = S$124 trade; DBS Vickers: S$27.25 brokerage = 21.97% of trade value; this is a massive round-trip cost relative to a 6.6% annual yield; the “payback period” for brokerage: if you pay S$27.25 brokerage on a S$124 REIT lot with 6.6% yield: annual income = S$124 × 6.6% = S$8.18; payback for round-trip brokerage (buy + sell = S$54.50): S$54.50 / S$8.18 = 6.7 years just to break even on brokerage vs income; at Tiger Brokers (S$1.08 per trade): round-trip brokerage = S$2.16; payback period: S$2.16 / S$8.18 = 3 months; the multiplier effect on portfolio: for a Singapore investor making 24 small lot purchases per year: DBS Vickers: 24 × S$27.25 = S$654/year; Tiger: 24 × S$1.08 = S$25.92/year; difference: S$628/year = the equivalent of approximately 3 months’ income on a S$4,200 MLT position; compound over 20 years: S$628/year × 20 years = S$12,560 in brokerage (without compounding); practical rule: for any single S-REIT lot purchase below S$5,000: always use Tiger Brokers or Moomoo (sub S$2 brokerage); for the comparison table: use this calculator’s brokerage table to see the exact cost at each broker for your planned trade size and choose accordingly.

Singapore REIT investing with less than S$1,000 in 2026: yes — since the 2015 lot-size reduction to 100 units, S-REIT investing is accessible with very small capital: standard lot approach (100 units): MLT at S$1.24: 1 lot = S$124 + brokerage (~S$1.08 at Tiger) = S$125.08 total; 4 different S-REITs for under S$800: MLT (S$124) + CICT (S$190) + AREIT (S$248) + Tiger brokerage (3 × S$1.08) = ~S$565; odd lot approach: buy exactly the number of units that fits your budget; e.g., S$300 buys 157 AREIT units at S$1.90 on the odd lot market (avoiding the standard lot constraint); Regular Savings Plans: POSB InvestSaver: S$100/month minimum; invests in S-REIT ETF (Lion-Phillip S-REIT ETF); fractional exposure to 20+ S-REITs from S$100; FSMOne RSP: from S$50/month; S-REIT ETFs available; Syfe REIT+: from S$1; automated S-REIT portfolio; diversification: with S$600: 1 lot each of MLT, CICT, and MIT/AREIT; sector exposure to logistics, retail/office, industrial; with S$1,000: add 1 lot MLT (second lot for higher weight, more income) or 1 lot FCT (suburban retail); the S$100-unit lot size change in 2015 was specifically designed to enable retail investors with limited capital to access quality Singapore REITs; a disciplined approach starting with S$500–S$1,000 and adding S$200–S$500 monthly can build a meaningful S-REIT income portfolio over 3–5 years; always maintain emergency fund before investing.

Cheapest Singapore REITs by lot cost 2026 (indicative prices): most affordable (lowest cost per 100-unit lot): Mapletree Logistics Trust (MLT/M44U): ~S$1.24/unit → ~S$124/lot; lower price reflects unit price level (not necessarily better or worse value than other REITs); good for investors starting with very small amounts; Starhill Global REIT (P40U): ~S$0.50–S$0.60/unit → ~S$50–S$60/lot; one of the cheapest SGX-listed REITs per lot; office/retail; Prime US REIT (OXMU): USD-denominated; around USD0.20–0.30/unit (very low price in SGD equivalent); very high yield but with specific US property risk; SPH REIT (now merged into CICT); Lendlease Global Commercial REIT (JYEU): ~S$0.60–S$0.70/unit → ~S$60–S$70/lot; moderate price (indicative): CICT (C38U): ~S$1.90 → S$190/lot; Keppel DC REIT (AJBU): ~S$2.10 → S$210/lot; MIT (ME8U): ~S$2.50 → S$250/lot; Ascendas REIT (A17U): ~S$2.48 → S$248/lot; FCT (J69U): ~S$2.20 → S$220/lot; higher priced: ParkwayLife REIT (C2PU): ~S$3.80 → S$380/lot; PLR is expensive per lot reflecting its premium P/NAV and high quality; important note: lower lot cost does NOT mean better investment; MLT at S$124/lot with 6.6% yield may be better or worse than PLR at S$380/lot with 4.1% yield depending on your assessment; lot cost is just the minimum capital requirement, not a valuation metric; use the P187 REIT P/NAV tool and P186 REIT Dividend Yield Calculator to assess valuation and income quality separately from lot cost.

Finding current SGX prices for Singapore stocks and REITs 2026: official sources: SGX InvestorHub (investors.sgx.com): free, real-time prices during market hours; search by company name or ticker; shows last done price, bid, ask, volume; SGX website (sgx.com): market data section; free 15-minute delayed prices for non-subscribers; broker platforms: DBS Vickers, OCBC Securities, UOB Kay Hian: free for account holders; real-time prices; Tiger Brokers, Moomoo (Futu SG): free for account holders; excellent mobile app with real-time streaming; Interactive Brokers: real-time; some subscription charges for certain data packages; financial aggregators: Yahoo Finance Singapore: search by ticker (e.g., “C38U.SI” for CICT); Google Finance: search “[ticker] SGX” (e.g., “C38U SGX”); Bloomberg: more comprehensive, some free data; Refinitiv/Eikon: professional terminal; ShareInvestor.com: Singapore-focused financial data; REIT-specific portals: REITmonitor.net: tracks S-REIT DPU, pricing, gearing; Seedly: community-sourced S-REIT data; how to find the SGX ticker code: each SGX-listed security has a unique 4-character alphanumeric code; examples: C38U = CICT, A17U = AREIT, M44U = MLT, ME8U = MIT, C2PU = ParkwayLife; search the company name on SGX or your broker to find the ticker; for this calculator: you can enter the current price directly from any of these sources; the calculator stores prices for your session (not permanently); update prices each time you use the calculator to ensure accuracy.

Singapore banking stock lot costs 2026 (illustrative): Singapore’s “Big 3” banks are among the most popular SGX investments: DBS Group Holdings (D05): ~S$32–S$36/share (illustrative); 1 lot = 100 shares × ~S$34 = ~S$3,400; dividend yield approximately 5%–6% at current prices; OCBC Bank (O39): ~S$13–S$16/share (illustrative); 1 lot = 100 shares × ~S$14 = ~S$1,400; UOB (U11): ~S$28–S$33/share (illustrative); 1 lot = 100 shares × ~S$30 = ~S$3,000; bank stocks vs S-REITs for Singapore investors: both are popular dividend investments; banks are fully taxed (not one-tier exempt) but Singapore individual investors still pay zero income tax on dividends received (Section 13(8) exemption applies broadly); key difference: bank stocks are NOT structured as REIT pass-throughs; they pay dividends out of after-tax corporate earnings; distribution yield is typically 4%–6%; capital appreciation more variable; S-REITs: structured to pass through property income; minimum 90% distribution requirement; 0% individual WHT for SG residents; directly linked to property sector performance; for the calculator: enter DBS at ~S$34 (or current price) to see lot cost (S$3,400 per lot); at this size, even DBS Vickers brokerage (S$27.25) is under 0.18% of the trade value — becoming more reasonable; compare bank stock lot costs with S-REIT lot costs to understand the capital needed to build a diversified Singapore equity income portfolio across both sectors.

CPF-OA CPFIS S-REIT lot purchases 2026: CPFIS-OA allows you to invest CPF Ordinary Account savings in SGX-listed securities including S-REITs: eligibility: you must retain S$20,000 in your OA before investing via CPFIS; investable CPFIS amount = (current OA balance) − S$20,000; lot calculation using CPFIS: use this SGX Lot Size Calculator with your investable CPFIS amount as the budget; example: OA balance S$65,000; investable = S$65,000 − S$20,000 = S$45,000; lots of CICT (S$190/lot): S$45,000 / S$190 = 236 lots (23,600 units); lots of AREIT (S$248/lot): S$45,000 / S$248 = 181 lots (18,100 units); minimum to diversify 5 major S-REITs (1 lot each): S$190 + S$248 + S$250 + S$124 + S$380 = S$1,192 — achievable with very modest CPFIS amounts; brokerage via CPFIS: CPFIS trades go through approved agent banks (DBS, OCBC, UOB); brokerage charges are similar to regular SGX trading; Tiger/Moomoo are NOT available for CPFIS (CPFIS only through approved banks); implication: for CPFIS purchases, the brokerage is at bank rates (DBS Vickers standard); for small CPFIS lot purchases: minimise cost by: buying more lots per trade (e.g., 10 lots at once instead of 1 lot per month) to reduce the per-lot brokerage impact; the minimum commission of S$27.25 is the same whether you buy 1 lot or 10 lots of the same stock in one trade; CPFIS S-REIT lot strategy: invest in larger single tranches (10–20 lots) to reduce per-lot brokerage below the minimum commission threshold (effective brokerage falls as trade value rises); supplement with non-CPFIS account (Tiger/Moomoo) for small additional purchases between CPFIS tranches.

SGX ETF and S-REIT ETF lot sizes 2026: all SGX-listed ETFs also trade in 100-unit standard lots (same as stocks and REITs): Singapore S-REIT ETFs on SGX: Lion-Phillip S-REIT ETF (CLR): trades in 100-unit lots; price around S$0.90–S$1.10/unit (illustrative); 1 lot ≈ S$90–S$110; Nikko AM-STC Asia Ex Japan REIT ETF (CFA): trades in 100-unit lots; price around S$1.20–S$1.40/unit; 1 lot ≈ S$120–S$140; iEdge S-REIT Leaders Index ETF: trades in 100 units/lot; Singapore equity ETFs: SPDR STI ETF (ES3): 100-unit lots; price ~S$3.50 (illustrative); 1 lot ≈ S$350; Nikko AM STI ETF (G3B): 100-unit lots; similar price; Lion-OSPL SGD Money Market ETF: 100-unit lots but very low unit price; advantageof S-REIT ETFs vs individual REITs for lot-size purposes: much lower unit price → much cheaper per lot (S$100–S$140 per lot vs S$248 for AREIT); broader diversification across 20–30 S-REITs in 1 lot; no need to select individual REITs; disadvantage: annual expense ratio (0.50%–0.65%) reduces yield vs owning individual S-REITs directly; no SCRIP dividend scheme (you’d need to manually reinvest distributions); key insight from this calculator: if you want diversified S-REIT exposure with very limited capital (S$300–S$500): CLR or CFA ETF gives you 3–5 lots (300–500 units) representing ownership of 20+ S-REITs for the price of 1–2 lots of a single S-REIT; use the calculator to compare: (a) S$300 buying 3 lots of CLR (300 units, 20+ REITs) vs (b) S$300 buying 1 lot of CICT (100 units, 1 REIT) + S$110 remaining; each approach has merit depending on your diversification goal.

Additional costs beyond brokerage for SGX stock purchases 2026: Singapore’s SGX trading cost structure is very investor-friendly with few additional charges: SGX trading fee: currently 0.0075% of contract value (charged by SGX to the broker, usually passed through); example: S$1,000 trade: SGX trading fee = S$1,000 × 0.0075% = S$0.075 (very small); Clearing fee: currently 0.0325% of contract value (SGX CDP clearing charge); example: S$1,000 trade: clearing fee = S$0.325; GST on brokerage: 9% Singapore GST on the BROKERAGE COMMISSION (not on the stock price); GST on the clearing/trading fees is included in broker quotes; CDP custody fee: currently nil for retail investors (SGX CDP does not charge annual custody fees for listed shares held in CDP); what you do NOT pay: no stamp duty on SGX stock purchases (unlike Singapore property transactions); no capital gains tax (Singapore has no CGT for individuals); no annual holding or custody fee (CDP is free to use); no dividend tax for Singapore resident individuals on S-REIT distributions; total realistic cost for a S$1,000 SGX trade at Tiger Brokers: brokerage: S$0.80 × 1.09 GST = S$0.87; SGX trading fee: S$0.075; clearing fee: S$0.325; total: approximately S$1.27 on a S$1,000 trade (0.127% round-trip per side); at DBS Vickers: brokerage minimum S$27.25; SGX + clearing: ~S$0.40; total: approximately S$27.65 (2.765% for this trade size); Singapore is one of the lowest-cost stock markets to invest in globally when using a competitive broker — the gap between low-cost and traditional brokers is very significant for small trades, as clearly shown in this calculator’s brokerage comparison table.

Building a S$10,000 Singapore S-REIT portfolio in 2026: this calculator helps you plan the entry allocation precisely: suggested framework for S$10,000: target: diversified across 4–5 S-REIT sectors with equal-ish weighting; sector 1 — industrial (largest S-REIT sector): AREIT at S$2.48: 10 lots = S$2,480 (25% of budget); stable industrial income, quality Ascendas sponsor; sector 2 — retail + office (second largest): CICT at S$1.90: 13 lots = S$2,470 (25% of budget); Singapore’s largest REIT, prime Singapore properties; sector 3 — logistics (pan-Asia): MLT at S$1.24: 20 lots = S$2,480 (25%); pan-Asia logistics demand; sector 4 — healthcare OR data centre (defensive/growth): ParkwayLife REIT at S$3.80: 6 lots = S$2,280 (23%); healthcare master leases, 15+ years DPU growth; total: S$9,710 invested, S$290 remaining; this gives: 4 S-REIT sectors; 4,900 total units; initial annual income at 5.5% blended yield: approximately S$534; brokerage at Tiger: 4 trades × S$1.08 = S$4.32 total; true cost including brokerage: S$9,714.32; next steps: elect SCRIP for each REIT when offered; annual top-up of S$1,000–S$3,000 from savings; use the P190 DRIP Calculator to project 10–20 year compounding; use P186 and P187 to monitor yield and P/NAV for rebalancing signals; alternative: split the S$10,000 between 3 lots of each of 8–10 S-REITs for broader diversification (lower per-sector concentration).

Best broker for first Singapore REIT lot purchase 2026: for most Singapore investors buying their first S-REIT lot, the key factors are: low minimum commission: Tiger Brokers and Moomoo (Futu SG) charge approximately S$1.08 minimum per trade; vs S$27.25 minimum at DBS Vickers; for a S$200 first lot: Tiger saves S$26 in brokerage; ease of account opening: Tiger Brokers: open online via Singpass MyInfo; takes 1–3 business days; Moomoo: similarly straightforward; DBS Vickers: through existing DBS banking relationship or new account; easiest for DBS banking customers; CDP account: most brokers will link to your CDP account (or open a custodian account); CDP-linked is preferred for SCRIP dividend elections and corporate actions transparency; FSMOne: excellent for S-REIT investing with CDP-linked trading, regular savings plans, and SCRIP support; 0.12% min S$10.90 per trade; good middle ground; recommended approach for first-time S-REIT investor: FSMOne or Tiger Brokers for the best combination of: low brokerage, reasonable user interface, CDP integration, SCRIP support; open FSMOne for regular S-REIT accumulation; if you’re already a DBS/OCBC/UOB customer: your bank broker is convenient for larger trades above S$10,000 where the minimum commission becomes more reasonable; multiple accounts strategy: open Tiger/Moomoo for small lot purchases; keep your bank broker for CPF-related investing (CPFIS) and larger block trades; the brokerage table in this calculator quantifies the exact dollar difference for your planned trade sizes — use it to make the informed choice.

Impact of SGX lot size reduction (1,000 → 100 units) for Singapore retail investors 2026: the change took effect on 19 January 2015 and fundamentally transformed SGX accessibility: before (1,000-unit lot): CICT at S$1.90: 1 lot = S$1,900 minimum; AREIT at S$2.48: 1 lot = S$2,480; ParkwayLife REIT at S$3.80: 1 lot = S$3,800; many retail investors couldn’t afford even 1 lot of a premium S-REIT from monthly savings; a diversified 5-REIT portfolio required S$10,000+ just for 1 lot of each; after (100-unit lot): CICT at S$1.90: 1 lot = S$190; AREIT at S$2.48: 1 lot = S$248; ParkwayLife REIT at S$3.80: 1 lot = S$380; diversified 5-REIT portfolio for 1 lot each: S$1,192; market impact: retail participation increased significantly post-2015; more frequent small investors entering the S-REIT market; SCRIP dividend scheme became more popular (smaller distributions → still enough for at least fractional unit); regular monthly investing became viable for more Singaporeans (S$200–S$500/month can meaningfully build an S-REIT portfolio); the change was modelled after Hong Kong’s lot-size reduction and similar moves globally to democratise equity investing; for investors today: the legacy of this change means: even young Singaporeans entering the workforce at 22–25 can start a meaningful S-REIT income portfolio with their first month’s salary; systematic monthly investing of S$200–S$500 can build a S$100,000+ S-REIT portfolio within 10–15 years, especially with DRIP compounding and annual top-ups; this democratisation is one of the key reasons Singapore’s retail investor participation in S-REITs is among the highest in Asia for the asset class relative to GDP.

Automatic dividend reinvestment for SGX stocks and S-REITs 2026: automatic reinvestment options: 1. SCRIP Dividend Scheme (S-REITs, see P190 DRIP Calculator): many S-REITs offer SCRIP when declaring distributions; you elect to receive new units instead of cash; new units are allocated at the SCRIP Issue Price (0%–5% discount to VWAP); most direct form of automatic reinvestment; election via CDP online or broker corporate action portal; 2. Regular Savings Plans (RSPs): POSB InvestSaver / FSMOne / Syfe: set up monthly automatic investment; distributions from ETFs in RSPs may be reinvested within the plan structure; not a direct DRIP from individual S-REITs but achieves similar compounding; 3. Manual reinvestment: receive cash distributions; immediately use the cash to buy additional lots at market price; requires discipline but gives flexibility to reinvest in the best-valued S-REIT at that time; which is most cost-effective: SCRIP: best if available — no brokerage cost for the new units (REIT issues directly); SCRIP discount adds value; RSP: good for regular systematic investing but adds management fees (ETF expense ratio); manual with Tiger/Moomoo: very low brokerage (S$1.08 minimum) makes manual reinvestment nearly as cost-effective as SCRIP; practical recommendation: elect SCRIP whenever available from individual S-REIT holdings (see P190); when SCRIP is not offered for a quarter: use the cash distribution to manually buy additional lots using a low-cost broker (Tiger, Moomoo, FSMOne); the cost of manual reinvestment at Tiger ($1.08 per trade) is negligible relative to the compounding benefit of reinvesting the distribution.

Singapore REITs with unit price under S$1.00 (lot cost under S$100) in 2026: some SGX-listed REITs and property trusts do trade below S$1.00 per unit, making 1 lot cost under S$100; examples (indicative, verify current prices): Starhill Global REIT (P40U): approximately S$0.55–S$0.65/unit; 1 lot ≈ S$55–S$65; retail and office REIT, overseas and Singapore assets; Lendlease Global Commercial REIT (JYEU): varies; check current price; 313@Somerset and other retail/commercial assets; Prime US REIT (OXMU): USD-denominated, prices in USD; after significant price decline, now under USD$0.40; very high yield but structural concerns (US office exposure); ARA US Hospitality Trust (XZL): USD-denominated; hospitality sector; Cromwell European REIT (CWBU): EUR-denominated; European assets; for very low unit price REITs: considerations: price level alone does not indicate value; a S$0.50/unit REIT is not “cheaper” than a S$3.80/unit REIT — it reflects different fundamentals; many low unit price REITs have faced: NAV write-downs (property devaluation); gearing concerns; DPU cuts or suspensions; sector headwinds (US office, hospitality); ALWAYS use P186 (yield), P187 (P/NAV), P188 (gearing) to assess these REITs before buying; the minimum lot cost under S$100 is an entry cost convenience, not an investment signal; quality S-REITs like CICT and MLT at S$124–S$190 per lot are generally preferable to distressed REITs at S$50–S$80 per lot for most Singapore income investors.

Using SGX lot size calculator for Singapore REIT portfolio rebalancing 2026: rebalancing involves adjusting your portfolio back to target allocations; this calculator helps in several ways: identifying rebalancing trades: after 6–12 months of holding, some S-REITs will have grown more than others, shifting your portfolio weights; enter the current prices of your 5 S-REITs; compare the lot cost to determine the capital needed to top up underweight positions; budget allocation: if you have S$3,000 for rebalancing: the calculator shows how many lots of each underweight S-REIT you can buy to restore balance; brokerage efficiency: the brokerage comparison table shows whether to consolidate rebalancing into fewer, larger trades (to reduce per-lot brokerage cost at traditional brokers) or spread across multiple low-cost broker trades; rebalancing examples: target: 25% AREIT, 25% CICT, 25% MLT, 25% MIT; after one year: AREIT has grown to 30% of portfolio, MLT has fallen to 20%; rebalancing action: buy more MLT lots (or sell AREIT lots); using the calculator: enter current MLT price, enter S$2,000 rebalancing budget; see: 16 additional lots of MLT affordable at S$1.24/lot (S$2,000 / S$124 = 16.1 lots); total brokerage: S$1.08 at Tiger; practical S-REIT rebalancing frequency: most Singapore S-REIT investors rebalance annually or semi-annually; avoid over-trading (multiple trades generate brokerage costs); the DRIP/SCRIP compounding (P190) handles gradual unit accumulation automatically between rebalancing events; use the calculator as a planning tool before each rebalancing transaction to determine exact lot quantities and capital required.