CapitaLand Ascott Trust
CapitaLand Ascott Trust (SES: HMN) is trading at S$0.83, about ₹62 at today's SGD/INR rate, as of 29 Sep 2026, 5:04 AM ET. Indian residents can buy CapitaLand Ascott Trust from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
S$0.82
Today's high
S$0.83
52 week low
S$0.82
52 week high
S$0.99
HMN opened at S$0.83, closed previously at S$0.83, and has traded between S$0.82 and S$0.99 over the past 52 weeks.
About
Ascott Residence Trust (ART), which began trading on the Singapore Exchange Securities Trading Limited (SGX-ST) in March 2006, stands as the largest hospitality trust across the Asia Pacific region. By December 31, 2020, its comprehensive portfolio was valued at S$7.2 billion. ART's primary objective is to channel investments into real estate and related assets that generate income, specifically those utilized or primarily used as serviced residences, hotels, rental housing, and various other hospitality properties on a global scale. The trust's investment mandate expanded on February 27, 2021, to also encompass student accommodation. Reflecting its prominent position, ART is included in the FTSE EPRA Nareit Global Real Estate Index Series (Global Developed Index). Its expansive international holdings, as of December 31, 2020, consisted of 86 properties containing over 16,000 units. These assets are strategically distributed across 38 cities in 15 countries, covering Asia Pacific, Europe, and the United States. Many of these properties operate under well-known brands such as Ascott The Residence, Somerset, Quest, and Citadines. They are predominantly situated in major international hubs like Barcelona, Berlin, Brussels, Hanoi, Ho Chi Minh City, Jakarta, Kuala Lumpur, London, Manila, Melbourne, Munich, New York, Paris, Perth, Seoul, Shanghai, Singapore, and Tokyo. ART functions as a stapled group, consisting of Ascott Real Estate Investment Trust (Ascott Reit) and Ascott Business Trust (Ascott BT). Its operations are professionally overseen by Ascott Residence Trust Management Limited (managing Ascott Reit) and Ascott Business Trust Management Pte. Ltd. (serving as trustee-manager for Ascott BT). Both management entities are wholly-owned subsidiaries of CapitaLand Limited, a Singapore-listed company recognized as one of Asia's foremost diversified real estate groups.
Key statistics
Avg. volume
7.24M
Market cap
S$3.18B
P/E Ratio
12.82
Price-to-sales ratio
4.49
Enterprise value
S$6.44B
Free cash flow yield
3.76%
Debt-to-equity ratio
0.70
Return on equity
7.32%
ROIC
2.83%
Beta
0.57
Dividend yield
2.68%
Last dividend
S$0.06
Financial overview
Revenue
S$891.64M
Earnings per share
S$0.08
Free cash flow
S$137.12M
Net profit margin
37.29%
Gross margin
40.48%
EBITDA
S$367.45M
Revenue growth
10.14%
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This is not an investment recommendation
How to buy CapitaLand Ascott Trust from India
Indian residents can buy CapitaLand Ascott Trust shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to SGD.
Search for CapitaLand Ascott Trust and place an order
Find CapitaLand Ascott Trust by name or by its ticker, HMN, and choose an order type. CapitaLand Ascott Trust trades 6:30 am – 2:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your CapitaLand Ascott Trust position in SGD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in CapitaLand Ascott Trust from India
Trading and taxes when buying CapitaLand Ascott Trust from India
Trading and limits
- Trading hours
- 9:00 am – 5:00 pm SGT
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. Singapore levies 0% withholding tax on dividends from resident companies. CapitaLand Ascott Trust’s current yield is 2.68%.Dividend tax explained
- Transaction tax
- Singapore levies no stamp duty or transaction tax on listed equities.
- Estate or inheritance tax
- May applySingapore imposes no estate or inheritance tax on listed securities.Estate tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy CapitaLand Ascott Trust stock?
Yes. CapitaLand Ascott Trust (HMN) has been listed on the Singapore Exchange since 2007, in the REIT - Diversified industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to SGD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one CapitaLand Ascott Trust share cost in rupees?
One CapitaLand Ascott Trust share is S$0.83 — about ₹62 at an SGD/INR rate of 75.05 on 28 Sep 2026. Both the CapitaLand Ascott Trust price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying CapitaLand Ascott Trust from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
How are gains on CapitaLand Ascott Trust shares taxed in India?
Singapore does not levy capital gains tax on the sale of shares, ETFs or REITs, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the SGD/INR rate on the purchase and the sale date, so the rupee move counts alongside the CapitaLand Ascott Trust price. Paasa issues a capital-gains statement for your return.
Does CapitaLand Ascott Trust pay a dividend, and how is it taxed in India?
Yes. CapitaLand Ascott Trust pays a dividend and the current yield is 2.68%; the last declared dividend was S$0.06 per share, about ₹4.58. Dividends are taxed at your slab rate in India. Singapore levies 0% withholding tax on dividends from resident companies. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade CapitaLand Ascott Trust from India?
The Singapore Exchange trades 6:30 am – 2:30 pm IST in Indian time. Orders can only execute during that window.
Is there estate or inheritance tax on CapitaLand Ascott Trust shares held from India?
Singapore imposes no estate or inheritance tax on listed securities.
Are there transaction taxes when buying CapitaLand Ascott Trust?
Singapore levies no stamp duty or transaction tax on listed equities.
Do I have to declare CapitaLand Ascott Trust shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your CapitaLand Ascott Trust holding, its cost and its closing value.
How do I sell CapitaLand Ascott Trust and bring the money back to India?
You sell during market hours (6:30 am – 2:30 pm IST) and the proceeds settle in SGD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.