Analysts from CGS-CIMB Research and PhillipCapital have maintained their respective “add” and “buy” calls for PropNex with increased target prices after the company’s 4QFY2020 results beat expectations. PropNex reported an 18.8% y-o-y increase in revenue to $155.6 million driven by better-...

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...

Uploaded By:  Paul Howell Submitted By:  Paul Howell Case Study:  No This was led by domestic de...

REAL estate agency PropNex reported a fall in net profit to S$7.5 million for the fourth quarter of FY2020, 8.9 per cent lower from S$8.2 million for the same period a year ago.

PropNex, Singapore’s largest listed real estate agency, has reported earnings of $31.2 million for FY2020, up 47.8% y-o-y. Revenue in the same period was up 22.8% to $515.6 million, with a bigger volume of transactions handled for both private and public housing eve amid the Covid-19 pandemic. “...

THE following companies saw new developments that may affect trading of their securities on Wednesday:

THREE shophouses, one on Amoy Street and two on Balestier Road have been put up for sale, sole marketing agent PropNex Realty announced on Monday.

THE following companies saw new developments that may affect trading of their securities on Tuesday.

REAL estate agency Propnex on Monday announced that it is looking to sell its stake in its property management arm for S$1,018,000.

Uploaded By:  Paul Howell Submitted By:  Paul Howell Case Study:  No The newly built five-storey...