Where can I buy Singapore Telecommunications shares?

Through a broker offering access to the Singapore Exchange (SGX), holding the share in Singapore dollars. Some international brokers also offer the share as a CFD, but they are not licensed by MAS and serve Singapore clients cross-border.

Is Singapore Telecommunications listed on the SGX?

Yes. Singapore Telecommunications trades under the code Z74 on the Singapore Exchange and is quoted in Singapore dollars (S$).

Are gains on Singapore shares taxed?

Singapore does not levy capital-gains tax on individuals, so a gain on a personal, long-term investment is generally not taxed when you sell. Qualifying Singapore dividends are tax-exempt under the one-tier system. If your trading is frequent enough to be treated as a trade, profits can be taxable as income. This is not tax advice.

Does HelloBrokers publish a price target for Singapore Telecommunications?

No. We do not publish price targets and we refuse to invent figures or a fake consensus. Where a credible, dated analyst view exists we cite the named source; otherwise we say there is none.

Share · SGX

Should you buy Singapore Telecommunications shares?

Roch de Montesquieu Updated 24 July 2026

7.2/10 HelloBrokers rating

Key points

Singapore’s leading telecom group.
Operations across Southeast Asia and Australasia.
Growing data-centre business (Nxera).
Trade-offs: full valuation and competitive pressure.

Singtel is Singapore's leading telecom group with significant operations across Southeast Asia and Australasia. It provides telecommunications services, digital infrastructure and data-centre solutions through its Nxera division. It is listed on the Singapore Exchange (SGX) and quoted in Singapore dollars (S$). Our rating follows the HelloBrokers methodology: we weigh the fundamentals, the competitive position and the risks, and we do not publish made-up price targets or a fabricated analyst consensus. Below we set out what we like, the risks to keep in mind, and the practical ways to buy the share from Singapore through a regulated broker.

Strengths

Strong dividend profile with a defined payout policy
Market leadership in Singapore and Australia
Data-centre and digital growth via Nxera
Robust underlying financial performance

Watch-outs

Valuation above the sector average implies high expectations
Competition in core markets could pressure margins
Reliant on regional telecom and digital adoption
Strategic initiatives carry execution risk

Country 🇸🇬 Singapore Listed on the SGX, quoted in Singapore dollars (S$).

Market / ticker SGX: Z74 Stock code on the Singapore Exchange.

Sector Telecommunications Business classification.

7.2/10

Large-cap telecom

Singtel is Singapore's leading telecom group with significant operations across Southeast Asia and Australasia. It provides telecommunications services, digital infrastructure and data-centre solutions through its Nxera division. Our view weighs its strengths against its risks, without hype and without invented targets.

Best for Income investors wanting regional telecom and data-centre exposure. Not for Investors seeking rapid capital growth.

This is analysis, not investment advice. The bull case: strong dividend profile with a defined payout policy, and market leadership in Singapore and Australia.

The bear case: valuation above the sector average implies high expectations, and competition in core markets could pressure margins. As with any single stock, returns depend on execution and the wider market.

Overall we see Singapore Telecommunications as a large-cap telecom. It can suit a diversified, long-term portfolio for investors who understand the risks. As always, we do not publish made-up price targets.

There are two main routes, both of which should go through a regulated broker. A broker comparison is below.

Cash / spot

Buy the cash share through a broker

Open an account with a broker and hold the share directly in Singapore dollars, with full shareholder rights and any dividends. Singapore does not levy capital-gains tax on individuals, so a gain on a personal, long-term investment is generally not taxed when you sell. Qualifying Singapore dividends are paid under the one-tier system and are tax-exempt in your hands. If your trading is frequent enough to be treated as a trade, profits can be taxable as income. This is the most direct way to invest for the long term. This is not tax advice.

CFD (leveraged)

Trade it as a CFD (leverage)

Some international brokers offer share CFDs. Leverage amplifies both gains and losses, the cost is the spread plus overnight financing, and you do not own the share. These international brokers are not licensed by MAS and serve Singapore clients cross-border. CFDs suit short-term traders who understand the risk; most retail CFD accounts lose money.

For most investors, buying the cash share through a regulated broker and holding for the long term is the most suitable approach. Compare brokers below.

To buy Singapore Telecommunications, favour a regulated broker with low fees and good coverage of Singapore shares. Compare them side by side below.

Compare brokers

: Through a broker offering access to the Singapore Exchange (SGX), holding the share in Singapore dollars. Some international brokers also offer the share as a CFD, but they are not licensed by MAS and serve Singapore clients cross-border.
: Yes. Singapore Telecommunications trades under the code Z74 on the Singapore Exchange and is quoted in Singapore dollars (S$).
: Singapore does not levy capital-gains tax on individuals, so a gain on a personal, long-term investment is generally not taxed when you sell. Qualifying Singapore dividends are tax-exempt under the one-tier system. If your trading is frequent enough to be treated as a trade, profits can be taxable as income. This is not tax advice.
: No. We do not publish price targets and we refuse to invent figures or a fake consensus. Where a credible, dated analyst view exists we cite the named source; otherwise we say there is none.

Why trust the HelloBrokers view on this share

We are an independent editorial team. Singapore Telecommunications does not pay us, and we do not publish invented price targets or a fake analyst consensus. The rating follows our methodology; affiliate links to brokers fund our work but never change the conclusion.

This content is for information only and is not investment advice, a recommendation or an offer. Past performance does not guarantee future results. Investing in shares carries a risk of capital loss; CFDs amplify that risk. Do your own research and consult a qualified professional where needed.