SINGAPORE (Nov 13): RHB Research is maintaining APAC Realty at “buy” given its slight 3Q beat, stock selldown after the latest round of cooling measures in July and healthy demand shown at recent launches. APAC Realty posts 19% rise in 3Q earnings to $6.5 mil on higher revenue “We expect stea...

SINGAPORE (Nov 12): Real estate services provider APAC Realty saw its earnings grow 18.8% to $6.5 million for the 3Q18 ended September, from $5.5 million a year ago, o the back of higher revenue. 3Q18 revenue rose 8.8% to $114.8 million, from $105.5 million a year ago. This was mainly attributable ...

SINGAPORE (Oct 22): PropNex expects total revenue in 1H18 to be unaffected by cooling measures given renters should continue to rent, providing a recurring income stream to the group. Meanwhile, it expects transactions in the landed segment to remain resilient as these properties face restrictions ...