The Straits Times Index (SGX: ^STI) crossed the historic 5,000-point mark on 12 February 2026, marking a momentous achievement.
This milestone is as much psychological as it is symbolic, signaling a new era of confidence for the Singapore market.
If your pockets are full from the red packets received during Chinese New Year, you may be looking for ways to put that spare cash to work.
However, investing at these levels can feel daunting with many stocks trading near record highs.
Not to worry – we have identified several Singapore stocks that offer compelling value and growth potential, even as the market enters this new, elevated era.
VICOM Ltd (SGX: WJP) – The Defensive Compounder
As Singapore’s leading provider of vehicle inspection and technical testing services, VICOM is a name familiar to almost every vehicle owner.
You are likely to head to one of the six testing sites island-wide to fulfil mandatory regulatory requirements.
VICOM has long been a picture of financial consistency, but 2025 proved to be a blockbuster year.
Driven by the nationwide rollout of On-Board Units (OBU) for ERP 2.0, revenue surged to S$167.4 million for the full year ended 31 December 2025 (FY2025), representing a compound annual growth rate (CAGR) of 14.1% since 2021.
During this same period, net income grew from S$24.5 million to S$42.5 million.
While the OBU project provided a significant one-off boost, VICOM’s core appeal remains its “fortress” balance sheet.
With zero bank borrowings, the group maintained a net cash position of S$57.9 million as of 31 December 2025.
This financial strength allowed the board to reward shareholders with a total dividend of S$0.084 for FY2025, a nearly 45% increase from the previous year.
Kimly Limited (SGX: 1D0), or Kimly – Reliable Dividend Payer
Our next name has a decent record of paying reliable annual dividends, stretching back to 2017.
This run isn’t slowing down.
As a heavyweight in the local coffeeshop scene, Kimly has built a business that’s as steady as your morning kopi.
The coffee shop operator currently offers a yield of 5%.
The dividend payout is comfortably covered by the company’s ability to generate cash from operations (dividends paid are roughly 32.2% of cash generated in 2025).
Having reliable dividends matters, especially at a time of high stock prices, as they do not fluctuate much compared to the movement of stock prices.
Food Empire Holdings Limited (SGX: F03), or Food Empire – Structural Growth Leader
It is not usual for a defensive consumer stock to be labelled as a growth leader, but Food Empire’s strong operating performance has landed the group squarely in this bucket.
With its popular brands of ready-made drinks (RTD) such as MacCoffee and MacChocolate, Food Empire has been taking Asia by storm.
Revenue rose at a 16.4% CAGR from US$273 million in 2021 to US$576.9 million in 2025, while net income rose at a slower 6.1% CAGR during this period.
This strong growth can be attributed to the strength of the group’s brands, increased marketing activities, and strong execution, particularly in Russia and Central Asia.
With plans to expand its production facilities across Asia, the growth prospects for Food Empire look bright.
CapitaLand Integrated Commercial Trust (SGX: C38U), or CICT – Rate-Sensitive Beneficiary
The fourth name is none other than Singapore’s largest REIT: CICT.
As we enter an environment of lower interest rates, this property giant could benefit from lower financing costs and improved property valuations.
This shift is particularly significant for CICT given its S$10 billion in total borrowings.
While the REIT has prudently kept 74% of its debt on fixed rates, the gradual refinancing of its well-staggered debt profile in a lower-rate environment could provide a meaningful tailwind for its distributions.
Nam Cheong Limited (SGX: 1MZ), or Nam Cheong – Under-the-Radar Value Play
Finally, we look at a potential value play in Nam Cheong.
This global offshore marine group specializing in vessel construction and chartering is trading at an undemanding valuation of roughly 6.1 times as of the last 12 months.
While this metric seems high compared to its historical average, it still pales in comparison to the industry average of 14.6 times.
The group’s growth is underpinned by its active chartering division, which currently operates a diverse fleet of 36 vessels.
Momentum is building; in late February 2026, Nam Cheong officially announced a major US$64.5 million contract to supply four OSVs to a UAE-based energy logistics firm.
With regional supply-demand dynamics for offshore vessels remaining tight, Nam Cheong is well-positioned to leverage its existing fleet and recent contract wins to drive further earnings recovery.
How to Allocate Your Ang Pow Money Wisely
So, how should you then allocate your Ang Pow money?
First, spread your capital across both income and growth names; you should never concentrate all your money in a single stock.
Adopt a dollar-cost-averaging (DCA) approach to build up your positions and to have a long-term approach in managing these positions.
Forget the noise.
Chasing hot stocks or selling your best performers is a fast way to lose money.
Don’t let a headline about the STI hitting a milestone dictate your moves.
Trust the process, check the valuations, and keep your eyes on the business.
Get Smart: Milestones Don’t End Bull Markets
In all, while it’s nice that the STI index has crossed the 5,000 level, it does not mean you should blindly chase stocks, nor should you sell everything and wait for a dip.
Instead, continue investing in solid companies with good fundamentals and decent valuation.
As the saying goes: Slow and steady wins the race.
Many Singapore stocks fall behind inflation, which means your money quietly loses strength over time. Dividend stocks have a very different track record. Some continued delivering 6% to 13% every year across the toughest market conditions.
In this FREE report, discover 5 crisis-tested dividend stocks that kept rewarding investors while the market struggled. Download your dividend investing guide now.
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Disclosure: Wilson.H does not own shares in any of the companies mentioned.
