These are the five worst-performing real estate stocks on the SGX so far this year

One counter has slipped by over 20%.

The largest real estate players on the SGX have endured a rough patch in past months, with the 20 biggest real estate counters averaging a 0.2% decline in dividend inclusive returns in the year thus far.

However, some companies have fared worse than others when it comes to overall year-to-date returns.

According to data released by the SGX, City Developments the worst performer among the largest real estate stocks, with its total year-to-date return down by a whopping 20.1%. CityDev has a three-year return of -25.9% and an indicative dividend yield of 1.0%.

CapitaLand Commercial Trust and Keppel REIT were tied at second place, with both office REITs reporting a 15.3% decline in total year-to-date returns. CCT has a three-year return of 4.2% and an indicative dividend yield of 6.1%, while Keppel REIT has a three-year return of -2.0% and an indicative dividend yield 6.9%.

Suntec REIT came in third with a total year-to-date return of -11.6%. Over the past three years, Suntec has a total return of 20.1%. Meanwhile, Mapletree Logistics Trust reported a -8.2% decline in total year-to-date return.

On the other hand, the undisputed best performer in terms of total YTD return is Hong Kong Land Holdings, which boasts a 22.3% total year-to-date return. Other good performers include Fortune REIT and Mapletree Industrial Trust.