Why I Invest In PropNex, Sheng Siong & The Hour Glass

๐ŸŒŸ๐ŸŒŸ๐ŸŒŸIt is so amazing to know that the Singapore's stock market is hitting a 16 year high.  This is despite geopolitical tensions and macroeconomic headwinds.  It is a timely reminder that patience, discipline and conviction still matter, especially in a world that chases shortcuts.

2026 feels like a very special year for me as a long term investor in our Singapore market.  Interest rates are easing to 1.2%, the lowest in 3 years and MAS Equity Development Programme is set to inject liquidity into small and mid cap stocks with SGD 5 billion.

For me, 3 companies stand out - not just in their financial performance but in my heart: PropNex, Sheng Siong and The Hour Glass.  I have watched them grow.  I have held them through their ups and downs.  They have rewarded me with steady dividends and great capital growth - the kind of returns that feel earned, not just lucky.


PropNex - From Humble Beginnings to Singapore's Largest Real Estate Agency

$PropNex(OYY.SI)$  story began with its Founder and CEO Mohamed Ismail Gafoor, a man who grew up in a rental flat and worked multiple jobs before entering real estate.  His amazing journey is a testament to grit and the belief that service, ethics and training can build an empire.

From that humble start, PropNex has grown into Singapore's largest real estate with over 12,000 salespersons, a dominant market share in new launches.  PropNex also has a reputation for professionalism that sets the industry standard. 

PropNex Performance and Dividend Yield

Propnex's share has been on a tear in 2025 as it has skyrocketed 105%.  It is off to a great start in 2026 as it is up 13% in just 1 month. 

PropNex has rewarded shareholders with a nice steady dividend.  The current dividend yield is 3.7%.

Why PropNex is thriving:

PropNex has a culture built in training, ethics and service.  It has a strong project division and a dominant market share leadership in new launches.  PropNex pays consistent dividends and has great cash flow with zero debt. 

Analysts' Expectations :

Analysts are bullish on PropNex with a Buy rating, target price ranging from SGD 2.02 to SGD 2.51.

PropNex is a mid cap stock.  This means it stands to benefit directly from the Singapore government 's liquidity push, a tailwind for a company already executing well. 

PropNex is a Singapore story - one that is built on grit, service and the belief that ordinary people can achieve extraordinary things. 


Sheng Siong - From A Wet Market Stall to Singapore's 3rd Largest Supermarket Chain

$Sheng Siong(OV8.SI)$  story is the kind of Singapore folklore we don't talk about enough. 

Sheng Siong began as a single wet market stall run by the Lim brothers who grew up in poverty and worked tirelessly to support their family.  They did not have capital, connections or corporate polish.  They had heart, discipline and a deep understanding of what Singaporean families needed.  Sheng Siong is synonymous with their value for money offerings and it grew exponentially in the heartlands of Singapore. 

Today Sheng Siong is Singapore's third largest supermarket chain.  It has become a household name for value, freshness and reliability.  Sheng Siong has also expanded steadily into China, where its model of efficiency and affordability resonates strongly. 

Sheng Siong's Performance and Dividend Yield 

Sheng Siong has done well in 2025 as its share price has jumped 67%.  In 2026, Sheng Siong is up 5.3% for January. 

Sheng Siong has rewarded its shareholders with a nice steady dividend yield of 2.33%. 

Why Sheng Siong Continues to Shine

Sheng Siong is dominant in the heartlands of Singapore.  It has operational excellence and strong cash reserves.  It is operating in the  defensive consumer staples sector which is resilient irrespective of market cycles. 

Analysts Expectations 

Consensus target price of SGD 2.70 to SGD 3.00, reflecting steady upside and resilience. 

Sheng Siong is a mid cap stock and it stands to benefit from the government's liquidity programme. 

Sheng Siong is a company built on humility and service.  Investing in Sheng Siong feels like investing in the every day Singaporean dream. 


The Hour Glass - From a Small Boutique to a Regional Luxury Icon

The Hour Glass $TheHourGlass(AGS.SI)$ began as a single watch boutique in 1979, founded by Dr Henry Tay and his wife Jannie Tay.  They did not start with global prestige.  They built it, one relationship at a time, in an  industry where trust and reputation matter more than anything else. 

Today The Hour Glass is one of Asia's most respected luxury watch retailers.  It is a key partner to the world's most coveted brands like Rolex, Audemars Piguet, Cartier, Bulgari and many more.  The Hour Glass is a curator of craftsmanship, heritage and timeless value. 

Why The Hour Glass Is Performing Strongly 

The Hour  Glass is doing well due to rising luxury demand in Asia.  There is also a tight supply of high end watches.  The Hour Glass has strong margins and brand partnerships. 

The Hour Glass' Performance and Dividend Yield

The Hour Glass is up 43% in 2025 but slightly down by 1.3% in January this year.  It pays a dividend yield of 2.6%.

Analysts Expectations 

Target price of The Hour Glass is SGD 2.14 to SGD 2.23.

The Hour Glass is also a mid cap, making it a direct beneficiary of the government's liquidity injection. 

This is a company that grew not through hype, but through decades of trust - a rare thing in today's market. 


Why These 3 Companies Matter In 2026

PropNex, Sheng Siong and The Hour Glass share something deeper than their excellent financial performance. 

They were all built from humble beginnings.  They grew through discipline, service and integrity.  They represent the Singapore spirit - steady, resilient and quietly excellent. 

In a market hitting a 16 year high, these companies remind us that the best investments are often the ones rooted in values, not noise or hype. 

That is why I have invested in PropNex, Sheng Siong and The Hour Glass. It feels like I am investing in the people who built Singapore - one home, one supermarket and one time piece at a time. 

That is why investing in SGX in 2026 feels meaningful.  I feel a deep sense of gratitude in witnessing the growth of these 3 Singapore stocks and that I am part of a nation that keeps moving forward. 

Singapore's growth is not loud.  It is steady, disciplined and full of purpose.  I am proud to witness it, proud to invest in it and proud to call it home.

@Tiger_comments  @Tiger_SG  @TigerStars  @TigerClub  @CaptainTiger  

# Singapore Stocks Hit a 16-Year High: How to Invest SGX in 2026?

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  • kookieman
    ยท01-27 14:54
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    Brilliant take on SGX gems! PropNex and Sheng Siong are solid holds. [ๅผ€ๅฟƒ]
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    • koolgal:ย 
      Best of luck ๐Ÿ€๐Ÿ€๐Ÿ€
      11:09
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    • koolgal:ย 
      May you be equally blessed with lots of winning trades too.๐ŸŒˆ๐ŸŒˆ๐ŸŒˆ๐Ÿ’ฐ๐Ÿ’ฐ๐Ÿ’ฐ
      11:09
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    • koolgal:ย 
      PropNex and Sheng Siong are indeed great stocks ๐Ÿ‘๐Ÿ‘๐Ÿ‘
      11:09
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