Singapore’s Straits Times Index (STI) has smashed through the 4,200 barrier for the first time ever, closing at 4,274.32 on July 24, 2025. Every time we see a new high, I get a flood of questions: “Iggy, should I buy now or wait for the market to cool off?” Today, let’s break it down like we always do—numbers first, then practical steps, minus the jargon.
STI Valuation Snapshot: Where Do We Stand?
STI Market Stats at a Glance
STI valuations look rich using both P/E and price-to-book. On earnings yield (what you get for each dollar invested), stocks still pay out much more than bonds. Dividend yields are holding up, so income investors remain supported. It’s not a screaming bargain, but it’s not bubble territory by the numbers.




