SGX Listed Stock


SGD 0.620
+0.015 / +2.48%
Share Price as of: 2018-07-20 17:06
Market / ISIN Code: SGX Mainboard / SGXE65086469
GICS® Sector / Industry Group / Industry: Real Estate / Real Estate / Real Estate Management and Development

PropNex Blogger ArticlesPROPNEX LIMITED Blogger Articles SGX Listed PROPNEX LIMITED (OYY.SI) Blogger Articles OYY.SI Blogger Articles
Ernest Lim's Investing Blog
2018-07-15 15:38:57
Winners, Losers, Opportunities – How does the latest Property Cooling Measures affect you? (Guest Post,12 Jul 18)
The sudden Singapore property market cooling measures on 5th July 2018 had shocked the market as no one was expecting this measures. Many panicked causing a knee-jerk reaction which caused developers to launch 3 projects on the very night these measures were announced, find out more about these measures in this article and how it affects you. In any measure, there will be different impact on different groups of stakeholders. Inadvertently, there are winners, losers and opportunities created.   In this article, four main questions will be discussed 1.How does the cooling measures affect different groups of people? 2.What is likely to happen to a few market segments? 3.What are the side effects? 4.Are there any winners? For those who would like to read more about the cooling measures can do
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Alan Luo
2018-07-10 09:07:46
SG Market (10 Jul 18)
MARKET OVERVIEW- The market appears to be stabilising from recent selloff as US-China trade tensions take a temporary backseat despite no signs of near term resolution.- Technically, the grossly oversold STI has bounced off the 3,190-3,200 support area with immediate resistance seen at 3,280, followed by 3,340.POSITIVE NEWS*Jumbo- Entered into a franchise agreement with C J Seafood for the latter to operate a JUMBO Seafood restaurant in Bangkok.- The agreement has an initial term of 10 years and may be renewed for a further 10 years. - The first Bangkok outlet is slated to open by end 2018. - Trades at 25.2x forward P/E*Yanlord Land- Acquired a 154,500 sqm GFA prime residential development site in Hangzhou for Rmb2.94m via public land auction. - The site lies within the Zhijiang Resort Cen
Lionel Loi
2018-07-08 12:53:24
4 Stocks This Week (Property) [6 July 2018] APAC Realty, PropNex, Oxley Holdings, CDL
On Thursday evening, the government announced a new series of property cooling measures which took effect on Friday, citing a sharp 9.1% rise in private residential prices over the past year and growing transaction volumes. The measures include significantly higher ABSD rates on property transactions and tighter loan-to-value (LTV) limits. Except for Singaporeans and Permanent Residents purchasing their first residential property, property buyers have to pay an additional 5% in Additional Buyers’ Stamp Duty (ABSD) when purchasing new properties, while entities would pay an additional 10%. Property buyers will also face additional restrictions when taking out a mortgage, as the LTV limits were tightened by 5% for all housing loans. The government said the move was necessary to prevent a p
Tom Tom Tom
2018-07-06 22:09:30
Dear readers, the Singapore Stocks STI went south by 1.99% yesterday (6 Jul 2018) after the government announced a slew of cooling measures on the night of 5 Jul 2018 in relation to increased stamp duties, especially for purchase of the second and subsequent residential properties. Increased taxes for developments were also part of the government’s announcements too. Properties stocks were hit hard with CityDev down by 15.6% and recent property IPO debutant PropNex down by 24.638% to $0.52 which was much below its IPO price of $0.65. Read more »
2018-07-04 21:51:33
Property news round up 1 July 2018
JLL, Lendlease launch proptech accelerator in Singapore GLOBAL real estate giants JLL and Lendlease are partnering to launch an accelerator in Singapore to kickstart innovation in real estate, an industry said to have been slow to tech advancements. But unless both companies commit to a substantial investment and a long-term plan to “transform legacy businesses”, the accelerator will yield limited benefits, observers said. Propell Asia – described as the first Singapore-based regional property technology (proptech) accelerator – opens for applications on Monday. (adsbygoogle = window.adsbygoogle || []).push({}); HDB closer to solar power target after awarding latest tender SOLAR panels are set to be installed in blocks of public flats managed by the West Coast
The Fifth Person
Victor Chng
2018-07-03 23:44:54
PropNex IPO – 4 quick things to know before you invest
PropNex Limited is the latest stock initial public offering (IPO) on the Singapore Exchange. Shares of the home-grown real estate service group debuted at 68.5 cents on Monday and rose as high as 22% in its first day of trading before closing at 71.5 cents. The 2.125 million shares offered for public subscription was subscribed 24.6 times, indicating buoyant sentiment among investors for the PropNex IPO and the local property sector in general. If you’re looking at the PropNex IPO with interest, here are four things to know before you invest: 1. PropNex is the largest real estate agency in Singapore According to the independent market research report presented in the IPO prospectus, PropNex is the largest real estate agency in Singapore. As at 1 January 2018, PropNex has 6,684 agents und
The Motley Fool Singapore
Sudhan P.
2018-07-03 09:20:32
The Singapore Stock Market Today: PropNex Limited Makes Its Trading Debut
Welcome to a brand-new week, everyone. Here are three things about the local stock market that you might be interested in today. 1. The Straits Times Index (SGX: ^STI) ended the day down 0.9% to 3,238.9. Of the 30 index stocks, 26 were in the red; two were in the green while the rest finished unchanged. The biggest loser among the blue-chip stocks was ComfortDelGro Corporation Ltd (SGX: C52); its shares tumbled 3.8% to S$2.26 apiece. On the other hand, the STI component that gained the most was Jardine Strategic Holdings Limited (SGX: J37), inching up 0.5% to US$36.65. The only other gainer in the index was Jardine Matheson Holdings Limited (SGX: J36). 2. Asian Healthcare Specialists Limited (SGX: 1J3) announced today that its wholly-owned subsidiary, The Orthopaedic Centre (Internation
Dinesh Dayani
2018-07-03 08:01:02
Half-Time Report: How IPOs In Singapore Are Faring In 2018?
The Singapore Initial Public Offering (IPO) market has seen another lacklustre year with eight company listings, one reverse takeover (RTO) and one bond listing in the year-to-date 2018. Despite the challenges SGX has been facing and a depressed market since the second quarter of 2018, SGX continues to offer a global capital marketplace, with the promise of stability and clear policies, to companies looking to raise funds in the island nation. Here are the latest listings of 2018 and how they have fared so far. Read Also: [Beginners’ Guide] How To Start Investing In Singapore # 1 Memories Group Limited (SGX: 1H4) Technically, Memories Group listing on the SGX came via a reverse takeover offer (RTO) rather than an IPO. A spin-off of SGX-listed Yoma Strategic Holdings, this Myanmar-focuse
The Motley Fool Singapore
Sudhan P.
2018-06-27 08:57:11
PropNex Limited’s Initial Public Offering: What Investors Need to Know
PropNex Limited is gunning for a public listing in the Singapore stock market, amid a buoyant mood in the local property sector. If successfully listed, PropNex will join APAC Realty Ltd (SGX: CLN), which operates the second largest real estate agency in Singapore, as another real estate services provider on the local stock exchange. About PropNex’s business According to its initial public offering (IPO) prospectus, PropNex is an integrated real estate services group. It has four business segments, and they are real estate brokerage, training, property management, and real estate consultancy. PropNex’s primary business is in the “provision of real estate brokerage services comprising real estate agency and project marketing services.” It operates its real estate agency through its
2018-06-13 13:32:36
Review of APAC Realty Limited
APAC Realty is one of the leading players in the real estate brokerage industry in Asia. APAC Realty operates three main business segments – the real estate brokerage services; franchise agreements; and training, valuation and other ancillary services. In this post, I share more about the business model, recent developments related to the company and my views on the stock. (adsbygoogle = window.adsbygoogle || []).push({}); Basic information APAC Realty traded at S$0.89 as of 8 June 2018. The peak was at S$1.26 on 9 Mar 2018 and was priced at S$0.78 during IPO on 29 Sept 2017. The present share price is 14% higher than IPO and 29% lower than its peak. Also read: Keppel DC REIT’s acquisition of a data centre How does APAC Realty earn money? There are 5 ways APAC Realty earns t
2018-06-03 20:30:31
Property news round up 3 June 2018
High-speed rail loss ‘a setback, not knockout blow to Jurong’ THE Ministry of Transport (MOT) issued a statement late on Monday to say that Singapore has yet to receive official word from Malaysia regarding the supposed cancellation of the Kuala Lumpur-Singapore high-speed rail (HSR). The MOT, indicating that it would wait for official word from Malaysia before proceeding, said in its statement: “We had agreed to proceed with the HSR project based on mutual benefits and obligations set out in the HSR bilateral agreement.” Meanwhile, property analysts have said that although the cancellation of the project – which is to have its terminus in Jurong – will put a dampener on the area’s aspirations to be Singapore’s second central business distric
2018-05-27 01:04:48
Property news round up 27 May 2018
Managers of Reits with overseas assets address investors’ concerns at symposium WHILE real estate investment trusts (Reits) with overseas assets present additional risks, they also provide higher growth opportunities, and managements take several measures to allay investors’ concerns, said experts at a panel discussion at the Reits Symposium 2018. The annual one-day event, held last Saturday at the Suntec Singapore Convention & Exhibition Centre, is in its fourth edition. It was jointly organised by Reit Association of Singapore (Reitas) and ShareInvestor, a subsidiary of Singapore Press Holdings. Goh Toh Sim, chief executive officer of EC World Reit manager, a Reit focused on e-commerce logistics properties in China, said: “Reits with Singapore assets have reached a

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