- PropNex boasts the most extensive sales network in Singapore with ~12,000 agents, accounting for ~34% of the market share (by number of agents).
- With a large sales force and tech-enabled initiatives that enhance agents’ familiarity with market movements, PropNex is well positioned to increase its market share across various segments, including new home sales, private resale, HDB resale, and rentals.
PropNex expected to benefit from improving sales momentum.
- - Read this at SGinvestors.io -
- - Read this at SGinvestors.io -
Rebound in profitability to boost share price.
- Read more at SGinvestors.io.
Above is the excerpt from report by DBS Group Research.
Clients of DBS may access the full report in PDF @ https://www.dbs.com/insightsdirect/.
Derek TAN DBS Group Research | Tabitha FOO DBS Group Research | https://www.dbs.com/insightsdirect/ 2025-01-06
Previous report by DBS:
2023-08-11 PropNex - 1H23 Results Below Estimates, Expecting A Better 2H23.
Price targets by 2 other brokers at PropNex Target Prices.
Listing of research reports at PropNex Analyst Reports.
Relevant links:
PropNex Share Price History,
PropNex Announcements,
PropNex Dividend Payout Dates & Corporate Actions,
PropNex News
