TAP.SI
BuyUnloved QualityAI neutralThe Assembly Place Holdings Ltd. · Real Estate · Singapore · $59M cap · $11K/day traded
SGD 0.194 -2.0% · close 21 Oct · scored 22 Oct
StockRank down 1.7 since 21 Oct.
Unloved Quality: Strong and cheap; the market has not turned yet.
As of 22 Oct 2026, MoatMap's StockRank for The Assembly Place Holdings Ltd. (TAP.SI) is 68/100, ranked against 24,000+ stocks in 35 markets (Quality 75, Value 61, Momentum 26, each scored against its sector).
Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →
The Assembly Place is a newly listed, asset-light co-living operator in Singapore that leases and manages residential properties. Net profit rose 80.7% in the first half on expansion, and it is moving into foreign-worker housing. Small insider purchases are supportive. At a $59M market cap with a short public record, it is too early to judge whether its margins and lease terms hold through a rental cycle.
ABOUT THE ASSEMBLY PLACE HOLDINGS LTD.
Read
The Assembly Place Holdings Ltd. provides community living accommodation and property management services in Singapore.
FINANCIAL SUMMARY (SGD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6.9M | 14.3M | 18.9M | 27.0M | 57.8% | 30.9M | 43.0M | — | 59.4% |
| EPS (SGD) | 0.00 | -0.00 | 0.02 | 0.02 | 169.8% | 0.02 | 0.02 | 0.03 | 25.9% |
| Shares | 383.0M | 383.0M | 383.0M | 383.0M | 0.0% | 384.6M | — | — | — |
| Debt | 12.2M | 22.5M | 31.8M | 60.2M | 70.1% | 65.5M | — | — | — |
| Equity | 8.6M | 7.7M | 14.0M | 27.0M | 46.2% | — | — | — | — |
| Op CF | 4.8M | 9.0M | 12.7M | 15.6M | 48.0% | 16.3M | — | — | — |
| Inv CF | -4.0M | -1.8M | -5.0M | -1.1M | — | — | — | — | — |
| Fin CF | -4.2M | -7.9M | -5.7M | -15.5M | — | — | — | — | — |
Not enough steady price history for a read yet.
How this is worked out
StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.
The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Real Estate, ranked by industry match, size, and score similarity. Cross-listings of TAP.SI are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| TAP.SI | The Assembly Place Holdings Ltd.(you) | $59M | 68 | Buy |
| W8W.SI | Coliwoo Holdings Limited | $169M | 71 | Buy |
| 41O.SI | LHN Limited | $180M | 64 | Hold |
| CLN.SI | APAC Realty Limited | $182M | 89 | Strong Buy |
| EUDA | EUDA Health Holdings Limited | $52M | 23 | Sell |
| 5AE.SI | Pollux Properties Ltd. | $63M | 20 | Strong Sell |
| S3N.SI | Global Resource Construction Ltd. | $259M | 46 | Hold |
| 5IC.SI | Sing Holdings Limited | $153M | 32 | Sell |
| CY6U.SI | CapitaLand India Trust | $1.1B | 71 | Buy |
| JCO.SI | JustCo Holdings Limited | $203M | 29 | Sell |
Peer medians: ROE 4.2% · P/E 13.9x · Gross margin 59.5%
Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.