Faceoff – APAC Realty Limited vs PropNex LimitedAPAC Realty Limited (“APAC Realty”) (SGX:CLN) and PropNex Limited (“PropNex”) (SGX:OYY) are two leading real estate services providers listed on the Singapore stock exchange. Which is better?The post Faceoff – APAC Realty Limited vs PropNex Limited appeared first on Value Invest Asia.

With property companies in Singapore being hit by both the recent property cooling measures and the prospect of rising interest rates, many property companies listed here have fallen greatly from their January highs. I've began to take interest in property companies recently, as a number of them are trading close to their 52-week lows. Another proxy for our local residential property market would be APAC Realty, which has seen its share price performing poorly of late. As interest rates increases, home buyers face higher financing costs for their property, which may result in them scaling back on their purchases.In July, when the latest property cooling measures were implemented, property developers here sold off sharply during the next few days. However, it would be important to note that