Million-dollar price tags on a record number of Singapore’s public housing sales are a sign the city-state is joining the frenzy gripping property markets from Hong Kong to Toronto. Twenty-three resold government-subsidized flats were purchased for at least $1 million in February, a new monthly re...

Following a correction period in February, DBS Group Research sees the Straits Time Index (STI) picking up in the coming months, in-line with a strong March-April seasonal trend as well as an improved outlook for banks and upcoming ex-dividend period. The STI has rebounded from a low of 2,870 in Feb...

APAC Realty is proxy to strong residential volumes, notes RHB Group Research analyst Vijay Natarajan, as new home sales here hit an eight year high in January. Natarajan is maintaining “buy” on the company with a target price of 55 cents.  APAC Realty, which owns the ERA property agency her...

APAC Realty, which owns the ERA property agency here, has reported earnings of $16.3 million for the financial year ended Dec 31 2020, up 17.8% over the preceding FY2019. Revenue in the same period was $395.1 million, up 6.9% y-o-y. The company plans to pay a final dividend of 1.75 cents per share, ...

Singapore may be considering another round of measures to cool residential prices, according to market analysts, who see recent ministerial remarks as a signal for the possible move. Comments made by deputy prime minister Heng Swee Keat indicate the government is keeping a close watch on p...

APAC Realty says it will use the $2 million of the IPO proceeds that were initially allocated for the group’s working capital. Of the $2 million, $1.25 million will go towards the refurbishment of the ERA APAC Centre in Toa Payoh, and the remaining $0.75 million will go towards enhancing the ...

While UOB KayHian believes APAC Realty is well-positioned to grow further, it has initiated coverage on the real estate brokerage with a “hold” rating and target price of 41 cents. UOBKH says the company offers an asset-light play on the resilient Singapore property transaction volumes, supporte...

RHB Group Research’s Vijay Natarajan has maintained his “buy” rating on APAC Realty and raised his target price to 55 cents, up from his previous figure of 50 cents.  Natarajan noted Singapore residential volumes have staged a strong rebound in 3QFY2020, with recovery seen across both pri...

DBS Group Research has upgraded its recommendation on real estate services provider Apac Realty to "buy" from "hold", citing better-than-expected property transaction activities and "attractive valuations".

Listed real estate agency APAC Realty has increased its equity interest to 31.7% from 28.7% in SoReal Prop. On August 19, APAC Realty’s wholly-owned subsidiary Electronic Realty Associates (ERA) subscribed for 605,175 ordinary shares in the enlarged share capital of SoReal Prop for a total conside...