CGS International Securities Singapore Pte. Ltd.
Date of Report: September 15, 2025
Bullish Reversal in Keppel Pacific Oak US REIT: Technical Analysis and Market Insights for Savvy Investors
Market Recap: Geopolitical Headlines and Macro Trends
Recent overnight developments have set the tone for global markets, particularly with the United States urging its Group of Seven allies to impose tariffs of up to 100% on China and India for their purchases of Russian oil. The push aims to pressure Russia regarding the ongoing war in Ukraine. Former President Donald Trump signaled growing impatience with Russia, hinting at stringent new economic sanctions targeting oil, tariffs, and banks. The US is also proposing pathways for G-7 nations to seize Russian sovereign assets frozen in Europe, potentially using up to \$300 billion to fund Ukraine’s defense.
- Brent crude futures responded positively, climbing 0.8% and reaching session highs.
- The euro dipped to a low of \$1.1734 before stabilizing.
China’s Evolving Green Policy: Key Developments
China’s environmental strategy has matured, emphasizing comprehensive green transitions across its economy. Noteworthy advancements include:
- Expansion of the carbon market framework and innovative green financial instruments.
- Mandatory and systematic ESG disclosures, with reporting rates surging across sectors.
- Robust growth in ESG-themed financial products.
- Identification of high-carbon intensity in specific indices, highlighting sectors ripe for transition investment.
Technical Spotlight: Keppel Pacific Oak US REIT (KORE)
Keppel Pacific Oak US REIT—a Singapore-listed real estate investment trust—focuses on direct or indirect investments in income-producing commercial assets and related real estate holdings in key US growth markets. The report’s technical analysis signals a strong bullish reversal for the REIT, making it a compelling watch for investors seeking upside in the property sector.
KORE Technical Buy Recommendation
| Metric |
Value |
| Last Price |
0.26 |
| Entry Price(s) |
0.26, 0.23, 0.19 |
| Support Levels |
S1: 0.23, S2: 0.19 |
| Stop Loss |
0.16 |
| Resistance Levels |
R1: 0.31, R2: 0.40 |
| Target Prices |
TP1: 0.33, TP2: 0.38, TP3: 0.43, TP4: 0.55 |
Technical Analysis Summary
- KORE has broken out of a multi-year major downtrend line, forming an internal uptrend structure.
- Ichimoku indicator signals a strong bullish trend, with all components rising.
- MACD and signal line are strongly above zero; histogram remains positive.
- Stochastic Oscillator is in a steady upward trend, indicating growing momentum.
- 23-period Rate of Change (ROC) is positive, confirming upward price action.
- Directional Movement Index shows robust bullish strength.
- Trading volume is expanding healthily, supporting the upward move.
Company Overview: Keppel Pacific Oak US REIT
Keppel Pacific Oak US REIT is a Singapore-based real estate investment trust specializing in a diversified portfolio of income-generating commercial properties in key US growth markets. Its strategy centers on maximizing returns through proactive management and selective acquisition of assets with value-add potential.
Risk Factors, Disclosures, and Jurisdictional Notes
The report contains detailed disclaimers emphasizing the confidential nature of its content and the legal and regulatory obligations associated with its distribution. Key points include:
- The information is intended strictly for clients and professional investors in relevant jurisdictions.
- All projections and opinions are based on reasonable assumptions as of the report date but are not guarantees of future performance.
- Investments may fluctuate and investors can lose more than their initial investment.
- The brokerage and its affiliates may hold proprietary positions in covered securities.
- Analysts certify the independence of their views, and compensation is not directly tied to specific recommendations.
- Distribution restrictions apply in Australia, Canada, China, France, Germany, Hong Kong, Indonesia, Ireland, Malaysia, New Zealand, Singapore, South Korea, Spain, Sweden, Switzerland, UAE, UK, EEA, and the United States, among others.
Brokerage Rating Framework
| Rating |
Definition |
| Add |
Total return expected to exceed 10% over the next 12 months. |
| Hold |
Total return expected between 0% and positive 10% over the next 12 months. |
| Reduce |
Total return expected to fall below 0% over the next 12 months. |
Sector and Country Ratings
- Sector Ratings: Overweight (positive), Neutral (neutral), Underweight (negative) based on market cap-weighted recommendations.
- Country Ratings: Overweight (above benchmark), Neutral (benchmark), Underweight (below benchmark).
Quarterly Distribution of Ratings (as of June 30, 2025)
| Rating |
% of Coverage |
Investment Banking Clients (%) |
| Add |
70.6% |
1.1% |
| Hold |
20.5% |
0.5% |
| Reduce |
8.9% |
0.5% |
Coverage: 561 companies for the quarter ended June 30, 2025.
Conclusion: Key Takeaways for Investors
The technical indicators point to a bullish reversal in Keppel Pacific Oak US REIT, supported by healthy volume expansion, strong momentum, and a clear break from its prior downtrend. This makes KORE a strategic play for investors targeting the commercial real estate market in the US via Singapore-listed instruments. Meanwhile, macro trends and ESG themes—especially those evolving in China—are shaping the global investment landscape, presenting both opportunities and risks that investors need to monitor closely. Always consider jurisdictional limitations and risk disclosures before making investment decisions.
