Several Singapore household names have pushed past their 52-week highs in recent months, climbing to fresh peaks with renewed investor confidence.
Today, we examine three standout stocks: DBS Group Holdings Ltd (SGX: D05), SBS Transit Ltd (SGX: S61), and Sheng Siong Group Ltd (SGX: OV8) to determine if they remain attractive investments after reaching their 52-week highs.
DBS
DBS Group Holdings is the largest bank in Singapore, with its business covering commercial banking and financial services, and its services are available in multiple countries and regions, including Hong Kong, China, Indonesia, etc.
As an important component of the Straits Times Index (STI), the stock of this group reached a new high of $54.80 on October 7, 2025, which was driven by strong profits in the first half of 2025.
The group reported a profit before tax of S$6.825 billion for 1H2025, a 3% increase compared to its 1H2024 figure.
Amid elevated interest rates, net interest margins (NIMs) remained healthy at 2.08%.
The bank also continued to reward shareholders with attractive dividends, with a trailing dividend yield of 5%.
However, the bank is highly sensitive to interest rate cycles.
Falling rates can lower its NIM and cut into its profits.
Thankfully, its diversified income streams across lending, wealth, and treasury activities has allowed DBS Group to remain resilient.
This group is one of the earliest companies that have made significant efforts in digital transformation and continuously strengthened its infrastructure. Its digital banking project has continuously brought growth and efficiency improvements to users.
Recently, the stock price has risen to $54.80, indicating that investors still maintain confidence in the stability of the bank's earnings.
Although the group's profits may decrease when interest rates fall, its high dividend yield and diversified business model make it a reliable long-term investment option.
SBS Transit
Singapore’s leading public transport operator, SBS Transit Ltd, runs a significant portion of the country’s bus network, two MRT lines, and an LRT line.
As an essential services provider, SBS Transit is a defensive play within Singapore’s market.
Reaching a 52-week high of S$3.40 per share in September 2025, the company has benefited from improved ridership volumes that have returned to pre-COVID levels.
However, revenue growth has now normalised, with the company reporting S$31.1 million in profit after tax for 1H2025, a 7.7% decline from 1H2024’s S$33.7 million.
With a trailing annual dividend yield of 7.3%, SBS Transit declared an interim dividend of S$0.0895 per share for 1H2025, up 60% from the prior year’s interim dividend.
The company’s total dividend for 2024 reached S$0.287 per share (including a special dividend from the Soon Lee Bus Depot sale), significantly higher than 2023’s S$0.112 per share.
As a regulated business, SBS Transit’s upside is capped by policy decisions, though the government had increased fares in 2022, 2023, and 2024 to address higher operating costs.
However, the company’s government contract model, while providing predictable revenue streams, faces renewal risks.
The Land Transport Authority (LTA) recently awarded the Tampines bus package, currently operated by SBS Transit, to The Go-Ahead Group (GAS), with the transition set for July 2026.
As Singapore’s largest public transport operator, SBS Transit offers stability and modest growth as the nation’s transport backbone.
Given its regulatory constraints and recent contract losses, investors should temper growth expectations.
This stock remains a defensive yield play, attractive for its dividend consistency rather than capital appreciation potential.
Sheng Siong
Sheng Siong is one of the largest chain supermarkets in Singapore, mainly providing affordable food and groceries in the city center area.
The company has expanded its business territory beyond Singapore, setting up a branch in China and positioning itself as a resilient consumer brand.
The share price of Sheng Siong reached an all-time high in July 2025, reaching S$2.23, which is nearly the same as the current trading price.
The group presented a solid set of financial results for 1H2025, bringing in S$72.3 million after tax in profits, a year-on-year (YoY) 3.4% increase.
An interim dividend of S$0.032 was declared, which remains unchanged from 2024.
With 11 new stores opened in 1H2025 and 2024, the group’s aggressive expansion plans in Singapore have brought its total to 82 stores across the island as of July 2025, with several more in the pipeline.
Furthermore, Sheng Siong recently signed an agreement with JTC Corporation for a lease of land in Sungei Kadut.
The group shares that the land will be used to establish a new warehouse, distribution centre, and headquarters to replace its current facility located at the Mandai Link Property.
In addition to new store expansions, management has other plans to continue driving growth.
This supermarket enterprise will continue to adopt new technologies to optimize the sales mix, enhance efficiency and increase productivity.
Although uncertainties such as the possible re-imposition of tariffs by the United States may dampen consumer confidence and prompt consumers to turn to cheaper goods, this actually benefits Shengxiang's own brands. However, as its store network in Singapore gradually matures, the group also faces its own challenges in maintaining growth.
For conservative investors, Shengxiang Group offers an attractive option with stable growth and reliable dividend income. It still has opportunities for continuous expansion in Singapore, and its overseas business is also developing steadily, which brings it more long-term potential value.