Investors’ appetite for new listings in Singapore will be tested next week, when shares of four companies debut on SGX mainboard, with one being largest float since CapitaMalls Asia’s (JS8.SG) listing in November 2009, says Dow Jones.

Cache Logistics Trust (K2LU.SG), which raised $417.2 million through sale of 474.1 million units at $0.88 each, debuts Monday, becoming first REIT listing in 2010. China-based developer Debao Property Development (K2M.SG), which raised $53.8 million from selling 125 million new shares at $0.43 each, also debuts Monday.

Vegetable processor China Minzhong Food starts trading Thursday after raising S$143.5 million in IPO priced at $1.20/share, while construction group Tiong Seng Holdings debuts Friday, having sold 189 million new shares at $0.28 for $52.9 million.

All four listings coincide with start of Singapore earnings season, which may further distract investors from new market entrants. “It’s tough. The recent IPOs have already failed to perform, and now we have so many new listings in a week,” says a local house trader.