Welcome!
PropNex
Broker's Calls
DBS upgrades PropNex and APAC Realty to ‘buy’ amid strong pipeline of new launches in 2025
Analysts Derek Tan and Tabitha Foo have increased their target price estimates for both PropNex and APAC Realty to $1.15 and 50 cents respectively.
11 days ago
Broker's Calls
No evidence of bubble yet, calls for property market cooling measures ‘premature’: DBS
Following the strong sales seen last month, new home sales for 2024 is estimated to come in between 7,500 to 7,800 units for the year.
December 17, 2024
Broker's Calls
A stellar 2025 awaits PropNex on surging new home sales: RHB
The company is expected to record soft earnings for its FY2024 due to low transaction volumes.
December 09, 2024
Broker's Calls
OCBC downgrades PropNex to 'hold' but raises target price to 96 cents
This comes following the surge in new private home sales in October.
November 26, 2024
Billion Dollar Club 2024
PropNex dominates real estate category yet again
Already the largest real estate agency, PropNex aims for further growth by recruiting more salespersons
November 12, 2024
Broker's Calls
Broker's Digest: Keppel DC REIT, Parkway Life REIT, PropNex
See what the analysts say this week.
October 25, 2024
Broker's Calls
OCBC Investment Research initiates ‘buy’ on PropNex with TP of 91 cents
Analyst Donovan Tan believes the negative sentiment towards the counter, which is largely due to the overhang of weak project launches, will improve.
October 21, 2024
Broker's Calls
Analysts lower TPs on PropNex after 1HFY2024 patmi came below expectations
Target prices range from 87 cents to 95 cents.
August 22, 2024
Results
PropNex reports lower FY2023 earnings on 'subdued demand', plans final dividend of 3.5 cents
'I believe our FY2023 performance was resilient in this context'
February 28, 2024