Singapore blue chip stocks and REITs

For the folks who have been investing in Singapore blue chip stocks and REITs for many years, I'm curious as to whether it has been profitable for you?

Stock prices have sort of stagnated after GFC in 2008, and it doesn't seem like there's any strong push factors to bring back the volatility or price increases.

Others have mentioned that SG stocks are mainly dividend play. Given the depressed REIT prices over the past decade, if one were to continue using this as a strategy to retirement, would it be sufficient?

Personally I'm a little skeptical, having invested in it for close to 2 decades now (thankfully I have other portfolios) and still seeing stagnated returns.