How valuations are quoted locally
Singaporean businesses are usually priced on EBITDA, and results are reported in Singapore dollar (SGD).
- Regional holding structures mean the trading entity and the group may need separate valuations.
- Manpower policy and foreign worker quotas directly affect scalability and therefore multiples.
- Lease tenure on industrial and commercial premises is a core value driver.
Who buys businesses here
- Regional strategic acquirers using Singapore as a hub
- Family offices and private investors
- Private equity for scalable services and technology
What commonly reduces the price
- High operating costs compress margins — normalise them rather than assume improvement.
- Cross-border intercompany charges must be normalised to arm's length.
Whichever market you are in, the underlying discipline is the same: normalise earnings, apply several methods, and weight them by how well each fits the business. See our twelve valuation methods for the full detail.