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Top 5 blue-chip stocks to watch in Singapore in 2025

Trading blue-chip stocks are generally viewed as a safer, long-term strategy. In this article, we explore what some of these stocks are and how they can fit into your portfolio.

Singapore blue chip stocks Source: Bloomberg

Written by

Kelvin Ong

Kelvin Ong

Financial writer

Reviewed by

Gidon Orelowitz

Gidon Orelowitz

Financial UX Writer

Article publication date:

Important to know

This article is intended for educational and informational purposes only and does not constitute any form of investment advice. Please ensure that you understand the risks and consider your specific investment objectives, financial situation or particular needs before making a commitment to trade.

Key takeaways

  • Blue-chip stocks on the Singapore Exchange (SGX) represent well-established, financially stable companies with consistent performance and dividends. They offer lower volatility and diversification across sectors like banking, real estate, and telecommunications.

  • Notable examples include DBS Group, Singapore Airlines (SIA), Oversea-Chinese Banking Corporation (OCBC), Singapore Telecommunications (Singtel), and CapitaLand Investment.

  • Investors should analyse the financial health, dividend history, and industry risks of each Singapore blue-chip company before investing. Long-term strategies like dividend investing and dollar-cost averaging help optimise returns while managing risks.

What are blue-chip stocks?

Blue-chip stocks in Singapore refer to shares of well-established, financially stable, and reputable companies that are listed on the Singapore Exchange (SGX). These companies typically have a long history of consistent performance, strong market capitalisation, and a proven track record of delivering reliable returns to investors.

Blue-chip stocks are typically considered the cornerstone of a conservative investment portfolio, as they tend to exhibit lower volatility compared to smaller or less established firms.

In Singapore, blue-chip stocks are usually represented by the Straits Times Index (STI), which tracks the performance of the top 30 companies listed on the SGX. These companies operate across various industries such as banking, real estate, telecommunications, and consumer goods, offering diversification to investors.

Examples of prominent Singapore blue-chip stocks include DBS Group Holdings, Oversea-Chinese Banking Corporation (OCBC), Singapore Telecommunications (Singtel), and CapitaLand Group.

Trading blue-chip stocks is generally viewed as a safer, long-term strategy. They provide steady dividends and are less susceptible to market fluctuations, making them appealing to both new and experienced traders. However, it’s essential to conduct thorough research because no investment is entirely risk-free, even among blue-chip companies. Their stability makes them a core choice for those seeking reliable growth and income in their portfolios.

Top 5 Singapore blue-chip stocks to watch

1. DBS Group (SGX: D05)
 

Key highlights:

  • Has demonstrated growth in revenue and profits in recent years1, supported by its robust banking operations and diversified income streams.
  • Dominant market position in retail, corporate, and digital banking, offering stability and growth potential.
  • Attractive and consistent dividends, making it highly appealing to income-focused investors.
  • Pioneer in digital banking, leveraging technology to enhance customer experience and operational efficiency, ensuring long-term competitiveness.

DBS Group is widely regarded as one of the top blue-chip stocks in Singapore due to its solid fundamentals and market dominance. However, like all bank stocks, DBS faces risks from interest rate changes, economic downturns, and regulatory changes that could impact profitability.

As the largest and most established bank in Singapore, DBS benefits from a strong regional presence in key markets like China, India, and Southeast Asia, driving revenue diversification. Its commitment to sustainability and innovation, particularly in digital banking, positions it at the forefront of industry transformation.

DBS’s ability to deliver consistent dividends even during economic downturns further underscores its resilience and reliability as a long-term play.

2. SIA (SGX: C6L)
 

Key highlights:

  • Globally renowned airline, known for its premium service quality and strong brand reputation.
  • Recovered strongly from the pandemic with increasing passenger volumes and robust demand for air travel.
  • Stable financial foundation as it is backed by state-owned investment firm Temasek Holdings.
  • SIA’s subsidiaries, such as Scoot (low-cost carrier) and SIA Cargo, provide diversified income and growth opportunities.

Singapore Airlines (SIA) stands out among Singapore blue-chip stocks due to its global leadership in the aviation industry and its strong post-pandemic recovery2.

The airline’s strategic focus on high-quality service, coupled with increasing demand for international travel, positions it for sustained growth. With its financial stability and diversified operations, SIA offers long-term potential for investors seeking exposure to the aviation sector.

3. OCBC (SGX:O39)
 

Key highlights:

  • Consistently demonstrates robust financial performance with strong capital reserves and healthy loan portfolios.
  • Operates across banking, insurance (via Great Eastern), and wealth management, offering diversified revenue streams.
  • Stable and attractive dividend payouts, appealing to income-focused investors.
  • Significant presence in Southeast Asia, Greater China, and emerging markets, benefitting from regional economic growth and expansion opportunities.

Oversea-Chinese Banking Corporation (OCBC) is a top-rated blue-chip stock in Singapore due to its strong fundamentals, diversified business operations, and focus on sustainable growth. Its significant regional footprint and expertise in wealth management and insurance set it apart from peers, allowing it to capture market opportunities across Asia.

OCBC has also offered consistent and reliable dividends in the past, which could appeal to investors seeking long-term stability and growth.

4. Singtel (SGX: Z74)
 

Key highlights:

  • Largest telecommunications provider in Singapore, with a strong market presence across Asia-Pacific.
  • Diversified operations in mobile, broadband, enterprise solutions, and digital services provide stable and recurring revenue streams.
  • At the forefront of 5G development and digital transformation, offering significant future growth potential.
  • Consistently delivers reliable dividend payouts, appealing to income-focused investors.

Singtel’s dominant position in the local and regional telecommunications sector, coupled with its strategic investments in emerging technologies like 5G, makes it a strong blue-chip stock.

Its large footprint, which includes stakes in major telcos across Asia, ensures diversified income sources. The telco’s stable dividend history, focus on innovation, and resilience through economic cycles, further make it a viable option for long-term minded investors seeking steady returns in the tech and telecom space.

5. CapitaLand Investment (SGX: 9CI)
 

Key highlights:

  • One of Asia’s largest real estate investment managers with a diversified portfolio across commercial, retail, and residential properties.
  • Asset-light business model generates stable recurring income from property management fees and rental revenue.
  • Committed to Environmental, Social, and Governance (ESG) principles, enhancing its long-term appeal to socially responsible investors.
  • Strong presence in Asia, Europe, and the United States, reducing reliance on any single market.

CapitaLand Investment offers a unique blend of stability and growth potential through its asset-light, fee-generating model.

Its diversified real estate portfolio, strong financial performance, and focus on sustainability are among some of the factors that make it a worthwhile consideration for investors. With increasing global demand for quality real estate, the company looks well-positioned for long-term growth and consistent returns.

Did you know?

Singapore's STI originally had 55 companies in 1998, now just 30. The three local banks (DBS, OCBC, and UOB) represent over 40% of the entire index today.

How to trade blue-chips with IG Singapore

What should I research before trading Singapore blue-chip shares?


Before trading Singapore blue-chip stocks, it is essential to conduct thorough research to make informed decisions. Start by analysing the company’s financial health, including revenue growth, profitability, and debt levels. Review their dividend track record to ensure consistent and sustainable payouts. Assess the industry they operate in for growth potential and risks, as well as the company’s competitive position within that sector.

Additionally, evaluate macroeconomic factors such as Singapore’s economic stability, interest rates, and regulatory policies that may impact the stock’s performance. Lastly, consider your investment goals, risk tolerance, and portfolio diversification to align with your strategy.

How can I access Singapore blue-chip stocks?


Accessing Singapore blue-chip stocks is straightforward and requires setting up a trading account with a local brokerage firm or trading platform that provides access to the Singapore Exchange (SGX).

First, begin by choosing a licensed brokerage in Singapore or an international platform (like IG) that supports SGX trading. After creating and verifying your account, fund it with the required capital to start investing.

Once your account is ready, you can search for blue-chip stocks listed on the Straits Times Index (STI) or other SGX indices. Use the brokerage platform to place buy orders for your chosen stocks. Alternatively, you can invest in Exchange-traded funds (ETFs) tracking your selected blue-chip stocks for diversification.

Start trading blue-chips stock with IG SG
 

  1. Create a live or demo account
  2. Find an opportunity among one of our 10,000+ stocks
  3. Click ‘buy’ to go long or ‘sell’ to short
  4. Set your position size
  5. Take steps to manage your risk
  6. Open and monitor your position

FAQs about Singapore blue-chip stocks

Are Singapore blue-chip stocks suitable for new traders?


Yes, Singapore blue-chip stocks are ideal for new traders due to their stability, consistent dividends, and lower risk compared to smaller companies, making them a reliable entry point.

How volatile are Singapore blue-chip stocks?


Singapore blue-chip stocks are relatively stable, experiencing moderate volatility compared to emerging markets. Typically, they offer consistent dividends and steady performance, reflecting Singapore's robust financial ecosystem and well-regulated stock exchange.

Who can trade Singapore blue-chip stocks?


Singapore citizens, permanent residents, and foreign individuals aged 18 and above with valid identification and a local or international brokerage account can trade Singapore blue-chip stocks.

What's the minimum amount needed to start?


IG does not specify a minimum deposit requirement for opening an account. However, certain trading activities or account types may have minimum funding requirements. It's advisable to check the specific requirements when setting up your account.

Footnotes

1 DBS Annual Report 2023

2 SIA Quarterly Results Q3 2024

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