THE following companies saw new developments that may affect trading of their securities on Thursday (Nov 24):

OF THE more than 700 property agents who left Apac Realty’s ERA in 2022, at least 640 joined rival real estate company PropNex Realty, according to a Straits Times report citing data from Huttons Asia. In comparison, 209 agents moved from PropNex to ERA.

Analysts are keeping a positive stance on Singapore’s largest listed real estate broker PropNex following its recent 3QFY2022 ended September business update.During the quarter, net profit after tax (NPAT) came in 17.8% higher y-o-y at $18.2 million, while revenue was 10.2% higher than the previou...

DBS Group Research has upgraded its calls on PropNex and Apac Realty to “hold” from “fully valued”, citing a “resilient” property market with a “strong pipeline of new launches, stable prices and demand”.

The pace and scale of changes in the last two and a half years have been extreme. Even as the worst of the pandemic seems to be over, economies and countries globally continue to face tough challenges. The lingering pandemic, the situation in Ukraine, tightening financial conditio...

BILLION DOLLAR CLUB: REAL ESTATE COMPANIES The winners of the real estate sector share something else besides size and scale: they are all very well-established companies with decades of operating history and have gone through multiple economic cycles, emerging from each, strong...

Markets have turned south for the better part of this year, and negative news of all kinds hog the global and local headlines daily. Nonetheless, there’s always an excuse to share some positive news. The Edge Singapore, with more than 20 years covering the Singapore corporate sc...

MAINBOARD-LISTED real estate agency PropNex on Wednesday (Nov 9) reported a 21.9 per cent increase in net profit for the third quarter on the back of higher revenue.

MAINBOARD-LISTED real estate agency PropNex on Wednesday (Nov 9) reported a 21.9 per cent increase in net profit for the third quarter on the back of higher revenue.

ADJOINING freehold residential sites on 62 and 64 Wilkie Rd will be put up for collective sale with a guide price of S$19.5 million on Tuesday (Nov 1), said marketing agent Propnex.

Quoteworthy: "They kind of used up all the air in their universe, and they have nowhere to grow." — Kim Forrest, chief investment officer at Bokeh Capital Partner on the end of Wall Street’s “pandemic darlings” Intel plans thousands of job cuts in face of PC slump Intel Corp is planning a...

Jovi Ho, senior writer at The Edge Singapore, has been named Most Promising Journalist of the Year by the Securities Investors Association (Singapore).This is The Edge Singapore’s second consecutive win in this category at the SIAS’s annual Investors’ Choice Awards, which marked its 23rd editi...

Local leaders in corporate governance outperformed the broader Straits Times Index (STI) since 2008, proving the value and importance of transparency, says David Gerald, founder, president and CEO of the Securities Investors Association (Singapore).SIAS constructed a portfolio featuring winners of S...

The two listed real estate agencies here are “hitting a speed bump” as this week’s property cooling measures bring “near-term headwinds”, writes CGS-CIMB Research analyst Lock Mun Yee.In separate Oct 3 notes, Lock is maintaining “add” on APAC Realty and Propnex. She trims APAC Realty�...

CGS-CIMB has lowered target prices for real estate companies PropNex and Apac Realty as it expects near-term market prospects to be dampened by the latest set of <a href="/real-estate/housing-loan-limits-including-for-hdb-loans-tightened-in-fresh-measures-to-cool-property" targe...