PropNex Realty

SINGAPORE (Feb 20): PropNex Realty has entered into a strategic collaboration with Global Alliance Property (GAP).

SINGAPORE (Oct 22): PropNex expects rental, landed and HDB resale segments -- representing 40% of its total revenue -- to stay resilient in the face of cooling measures, says UOB KayHian after a meeting with management.

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.

SINGAPORE (Aug 15): PropNex Realty, a subsidiary of PropNex Limited, anticipates the total volume of new homes transactions to hit 8,500-9,000 for 2018.

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.

SINGAPORE (June 25): PropNex Realty has launched its initial public offering to raise $38 million, becoming the second real estate brokerage to list on the Singapore Exchange after APAC Realty.

SINGAPORE (June 21): PropNex Realty’s upcoming initial public offer (IPO) has already attracted its fair share of attention, albeit for the wrong reasons.

SINGAPORE (June 14): PropNex Realty, Singapore’s largest real estate agency, has lodged its preliminary offer document with the Monetary Authority of Singapore for its Mainboard listing on the Singapore Exchange.

SINGAPORE (June 1): PropNex Realty, Singapore’s biggest property broker, plans to seek about $40 million from a proposed Singapore initial public offering, people with knowledge of the matter said.

SINGAPORE (June 12): PropNex Realty is merging with Dennis Wee Group (DWG) to form what will be Singapore’s largest property agency with close to 7,000 salespersons.