SINGAPORE (Sept 11): RHB Research is maintaining “neutral” on the real estate sector with a flattish price outlook for 2H18, and expectations that primary transactions will decline 10% y-o-y in 2018 with no near-term catalysts for players with larger exposure to the local residential sector. The...

SINGAPORE (Aug 31): RHB Research is keeping its “buy” call on APAC Realty with an unchanged target price of 77 cents, on the back of the entry of the real estate services firm into China. “APAC’s entry into Hainan market offers a stepping stone to tap into the vast potential of China’s rea...

APAC Realty, which operates a real estate brokerage under the ERA brand, has entered into a joint venture (JV) agreement with two Chinese firms in a bid to penetrate the China market.

SINGAPORE (Aug 29): Mainboard-listed APAC Realty is dipping its toes into the brokerage and resale markets in Hainan, China, unfettered by the province’s latest property cooling measures. The company today entered a joint venture with Chinese real estate services provider Hainan Zhong Zhi Sheng He...

APAC Realty, which operates a real estate brokerage under the ERA brand, has entered into a joint venture (JV) agreement with two Chinese firms in a bid to penetrate the China market.

SINGAPORE (Aug 7): Real estate services provider APAC Realty, which owns ERA Realty Network, saw its earnings fall 9.3% to $7.7 million for the 2Q18 ended June, from $8.5 million a year ago. This brings the group’s earnings for 1H18 to $13.6 million, some 8.7% higher than the first half of last ye...

SINGAPORE (Aug 8): DBS Group Research has upgraded real estate services provider APAC Realty to “hold” from “fully valued”, but lowered its target price by 6% to 62 cents. “We believe APAC’s current share price has already priced in the impact from the recent property cooling measures,�...

APAC Realty, which operates a real estate brokerage under the ERA brand, announced a net profit of S$7.69 million for the second quarter ended  June 30 2018, down 9.3 per cent from S$8.49 million a year ago.

SINGAPORE (July 23): RHB is downgrading its sector “overweight” on Singapore real estate to “neutral” on expectations of transaction volumes for 2018 to fall by 10% from the 10-15% rise previously, and for prices to stay flattish over 2H18-2019. In a Monday report, analyst Vijay Natarajan sa...

SINGAPORE (July 3): RHB Research sees a promising outlook for Singapore real estate in the near-term, with property prices expected to rise by as much as 20% by 2019, even as the longer-term sustainability seems uncertain. “Overall, property prices should rebound by 10-20% over 2018-2019, as the m...

SHARES of homegrown property service group PropNex Realty on Monday closed 10 per cent higher on the company's trading debut on the mainboard, as PropNex becomes the second real estate brokerage to be listed on the local bourse after Apac Realty.