SGX Listed Stock


SGD 0.545
+0.005 / +0.93%
Share Price as of: 2018-09-19 12:40
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
The Motley Fool Singapore
Jeremy Chia
2018-09-10 11:52:41
3 Ways To Gain Exposure To Real Estate Through The Stock Exchange
It is no secret that Singaporeans love to invest in properties. And who can blame them? Over the past decade, Singapore’s property market has skyrocketed. A growing economy, scarce land supply and low-interest rates have resulted in increasing demand for property. These in turn have propelled prices of property in Singapore to among the most expensive in the world. Investors who had purchased property a few decades ago would likely have made a killing. However, despite its marvellous track record, there are limitations to investing in property in Singapore. For one, investors require a large capital outlay. There are also additional stamp duties for permanent residents and Singaporeans buying their second property. Additionally, property is an illiquid asset that can take months or even
The Motley Fool Singapore
Jeremy Chia
2018-09-07 10:37:02
3 Potential Pitfalls of Buying APAC Realty Ltd Shares
APAC Realty Ltd (SGX: CLN) is a real estate brokerage company that operates under the ERA brand name. It has the second highest number of real estate agents in Singapore. In 2016, it commanded a 37.5% market share of transaction value in the Singapore residential market. In the first half of 2018, the group delivered a strong performance as net profit attributable to owners spiked 8.7% on the back of an optimistic real estate market. Recently, I also wrote an article on three reasons why I believe APAC Realty would make a good long-term investment. But every company and investment comes with its own set of risks and potential pitfalls. In this article, I will highlight three potential downside risks that could hamper APAC Realty’s future earnings growth. Government intervention and poli
The Motley Fool Singapore
Jeremy Chia
2018-09-05 09:42:05
3 Reasons Why You Should Buy APAC Realty Ltd
APAC Realty Ltd (SGX: CLN), a real estate brokerage company that operates through the ERA brand, has seen its share price tumble 26% since its listing late last year. The drastic drop in the share price was mostly due to the surprise announcement of additional property cooling measures and its competitor, PropNex Ltd (SGX: OYY), going public in July this year. However I feel that the large sell-off may have been overdone. Even with the near-term uncertainty in the local property market, I believe investors who are willing to play the long game will be rewarded in the future. Here are three reasons why. Long-term growth in the local property market As we all know, Singapore’s property market tends to do well over the long-term. Limited land supply, a bustling economy and low interest ra
The Motley Fool Singapore
Sudhan P.
2018-08-15 15:18:36
PropNex Limited’s View of the Singapore Residential Real Estate Market
PropNex Limited (SGX: OYY) is Singapore’s largest real estate service provider with over 7,300 sales professionals. It has four business segments, namely, real estate brokerage, training, property management, and real estate consultancy. The company operates its real estate agency through its wholly-owned subsidiary, PropNex Realty Pte Ltd. Last week, PropNex announced its maiden set of financial results after listing in July this year. For the three months ended 30 June 2018, PropNex’s revenue surged 60.3% year-on-year to S$121.7 million while net profit improved by 3.9% to S$4.2 million. The growth in revenue was largely due to higher commission income from agency services and project marketing services. A “more active Singapore residential property market” had led to higher
Doctor Wealth
Alvin Chow
2018-07-26 16:08:55
PropNex vs APAC Realty (ERA): The Battle Of Two Real Estate Broking Giants
What a time for PropNex to list on the SGX!Within days more property cooling measures were announced and PropNex share price tanked over 20% in a day!//=d.offsetWidth&&0>=d.offsetHeight)a=!1;else{c=d.getBoundingClientRect();var f=document.body;"pageYOffset"in window?window.pageYOffset:(document.documentElement||f.parentNode||f).scrollTop);c=c.left+("pageXOffset"in window?window.pageXOffset:(document.documentElement||f.parentNode||f).scrollLeft);f=a.toString()+","+c;b.b.hasOwnProperty(f)?a=!1:(b.b[f]=!0,a=a
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
Sharing is Caring
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

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