APAC Realty

Results

APAC Realty reports 52% jump in earnings for 1HFY20

The company believes that the negative impact of the Covid-19 outbreak on the Singapore property market will be relatively short-lived.

Company in the news

Minister of State for Home Affairs Desmond Tan steps down as independent non-executive director of APAC Realty

In an SGX filing, the board thanked Tan for his services and contributions during his tenure with the company.

Broker's Calls

APAC Realty to feel 'adverse financial impact' in 3Q20 on weak 2Q sales: DBS

DBS analyst Ling Lee Keng has maintained her “hold” call on APAC Realty with a target price of 41 cents from 52 cents previously.

Results

APAC Realty says real estate market transactions 'plunged' during circuit breaker measures in 1Q business update

Listed real estate agency APAC Realty, which operates the ERA brand, said that real estate market transactions “plunged” in the months of April and May due to the circuit breaker measures, which ended on June 1.

Broker's Calls

936 Brokers' Digest

Here are three stocks to watch for the week: APAC Realty, Starhill Global REIT and Penguin International.

Broker's Calls

Robust growth in the pipeline for APAC Realty despite quiet home sales in May: CGS-CIMB

While market sentiment remains weak, APAC Realty has secured a healthy pipeline of marketing appointments with 25 new projects, or 7,466 units, as of February to be launched this year.

Property agency CEOs, Centurion duo up stakes

APAC Realty which runs the ERA franchise here, bought 10,000 shares at 38 cents each. On March 16, he bought another 50,000 shares at 36 cents each. Chua now owns 80,000 shares, or 0.02% of the company.

M&A

APAC Realty acquires 38% stake in ERA Vietnam for $1.5 mil

SINGAPORE (Feb 26): Real estate services provider APAC Realty has today acquired a 38% interest in ERA Vietnam for $1.5 million, providing the group with access to Vietnam’s vibrant real estate market.

Broker's Calls

Analysts like APAC Realty as it builds up overseas operations

SINGAPORE (Feb 25): Analysts are rather positive on real estate brokerage APAC Realty, following the announcement of its 4Q19 and FY19 results.

Investing ideas

Analysts hold on to hopes of property market rebound as APAC Realty misses 3Q estimates

SINGAPORE (Nov 18): Analysts see a glimmer of light at the end of the tunnel for APAC Realty, despite a disappointing 3Q for the real estate agency on the back of a slower-than-expected recovery in the residential property market.
×