SINGAPORE (Sept 12): UOB KayHian is starting coverage of real estate agency PropNex with a “buy” and target price of 65 cents or 10 times FY19 forecast earnings given negatives from the recent cooling measures have been priced in. “We believe it is a low-risk proxy to Singapore property with a...

UOB Kay Hian has initiated coverage on PropNex with a "buy" call and target price of S$0.65, citing it as a low-risk proxy to Singapore property with its future-proof business model.

SINGAPORE (Aug 31): RHB Research is keeping its “buy” call on APAC Realty with an unchanged target price of 77 cents, on the back of the entry of the real estate services firm into China. “APAC’s entry into Hainan market offers a stepping stone to tap into the vast potential of China’s rea...

Submitted By:  Luz Wendy Noble Case Study:  No Buyers might be attracted to its location and connectivity. The Punggol flats could be more popular despite its sligh...

SINGAPORE (Aug 15): PropNex Realty, a subsidiary of PropNex Limited, is anticipating the total volume of new homes transactions to hit 8,500-9,000 for 2018. This comes after private new home transactions, excluding executive condominiums (ECs), hit 1,724 for the month of July this year. The latest f...

Submitted By:  Danielle Isaac Case Study:  No This could make homes affordable for first-time buyers. Singapore’s cooling measures could lower private propert...

REAL estate agency PropNex has entered into a master franchise agreement with PropNex Realty (Vietnam) to grow its business in Vietnam.

REAL estate agency PropNex has entered into a master franchise agreement with PropNex Realty (Vietnam) Co to grow its business in Vietnam.

REAL estate agency PropNex has turned in a second-quarter showing spurred on by the property price recovery in the first half of 2018.

Submitted By:  Danielle Isaac Case Study:  No Services on home loans and bankers will be available in 5 property apps. UOB teamed up with four property agencies ERA...

SINGAPORE (Aug 7): United Overseas Bank (UOB) has teamed up with Singapore’s four top property agencies – ERA Realty, Huttons Asia, OrangeTee & Tie, and PropNex Realty – to launch a fully digital home loan solution. UOB’s digital home loan solution will enable the agents from these agenc...

UNITED Overseas Bank has teamed up with four Singapore property agencies – ERA Realty, Huttons Asia, OrangeTee & Tie and PropNex Realty – as well as online proptech company, SoReal Prop, to develop a range of digital tools to help homebuyers.

UOB-Kay Hian bought 4.65 million shares in PropNex Ltd at between S$0.60 and S$0.635 per share on Friday as stabilising managers of the initial public offering (IPO), with shares of PropNex battered by Thursday's surprise property cooling measures.

SHARES of homegrown property service group PropNex Realty on Monday closed 10 per cent higher on the company's trading debut on the mainboard, as PropNex becomes the second real estate brokerage to be listed on the local bourse after Apac Realty.

PROPNEX Realty, the largest real estate agency in Singapore that made its trading debut on Monday, has clarified that the "inaccuracies" that it had referred to in response to an article in The Business Times on its IPO prospectus was "not in relation to the article in itself&...

PROPNEX Realty, the largest real estate agency in Singapore that made its trading debut on Monday, has clarified that the "inaccuracies" that it had referred to in response to a <span class="italic">Business Times</span> article on its IPO prospectus was "...

Submitted By:  Danielle Isaac Case Study:  No Its $240m market cap boosted the real estate cluster's cap to $179b. Singapore Exchange (SGX) welcomed PropNe...

HOMEGROWN real estate service group, PropNex, on Monday made its trading debut on the Singapore Exchange's (SGX) mainboard at an opening price of 68.5 Singapore cents apiece.

THE following companies saw new developments that may affect trading of their shares on Monday:

Submitted By:  Danielle Isaac Case Study:  No Its publicly offered shares were 24.6 times oversubscribed. PropNex Limited’s (PropNex) initial public offering ...

THE INITIAL public offering (IPO) of PropNex closed with its public offer tranche 24.6 times subscribed.

THE initial public offering (IPO) of PropNex closed on Friday with its public offer tranche subscribed 24.6 times.