- PropNex is Singapore's largest listed real estate agency, employing over 12,000 salespersons in Singapore and over 15,000 salespersons across Singapore and 23 regional offices in Indonesia, Malaysia, Vietnam, Cambodia, and Australia.
- - Read this at SGinvestors.io -
Unrivalled market dominance
- PropNex (SGX:OYY) has established a dominant position in Singapore's property market, boasting a local salesforce of over 12,000 agents, which is 35% more than its closest competitor. This accounts for approximately one-third of all agents in Singapore.
- - Read this at SGinvestors.io -
- PropNex's advanced technology enables real-time connectivity among salespeople, providing valuable data that agents can leverage to enhance their sales strategies. As a result, agents can close more deals and subsequently log more data into the system, creating a positive feedback loop of increased efficiency and effectiveness. We expect this edge to continue attracting more agents and consequently increasing PropNex’s market share of property transactions.
Turning positive
- Read more at SGinvestors.io.
Above is the excerpt from report by OCBC Investment Research.
Clients of OCBC Securities may be the first to access the full report in PDF @ https://www.iocbc.com/.
Donovan Tan OCBC Investment Research | https://www.iocbc.com/ 2024-10-21
Read also OCBC's most recent report:
2024-11-22 PropNex - A Stronger 2H24 Indeed.
Price targets by other brokers at PropNex Target Prices.
Listing of research reports at PropNex Analyst Reports.
Relevant links:
PropNex Share Price History,
PropNex Announcements,
PropNex Dividends & Corporate Actions,
PropNex News Articles
