“While its 2Q earnings are expected to be softer due to lower transactions in 4Q17/1Q18, we expect strong 2H transaction volumes driven by the launch of en bloc projects,” says analyst Vijay Natarajan in a Thursday report.
SINGAPORE (May 10): Singapore’s residential property market looks to be on the cusp of a multi-year recovery. And analysts say real estate services provider APAC Realty could be a better bet to ride on the boom.
Already, APAC Realty’s wholly-owned subsidiary, ERA Realty Network, has secured agent roles for a total of 21 property launches in 2018. Of these, 19 are expected to be launched over the next two quarters, with more than 10,000 units up for grabs, according to RHB Research.
