Welcome!
Home PropNex Realty
Billion Dollar Club 2019
PropNex soars, capturing greater market share amid challenging real estate climate
“We believe that next year, we will see the results of our efforts to connect with consumers and to train and empower our sales team through technological innovations," says CEO Ismail Gafoor.
November 15, 2024
Results
PropNex reports 1HFY2023 earnings of $22.1 mil, down 18.4% y-o-y, on lower number of transactions
An interim dividend of 2.5 cents a share has been declared for the 1HFY2023. It will be paid out on Sept 4.
August 10, 2023
Property
Most segments to remain unaffected by latest cooling measures, says PropNex
The agency says it expects launches to proceed as scheduled and developers to price units ‘sensitively'.
April 27, 2023
Broker's Calls
Brokers' Digest: ComfortDelGro, Sembcorp Industries, Centurion Corp, SGX, PropNex, Sats
See what the analysts have to say this week.
March 18, 2023
Results
PropNex's earnings for 4QFY2022 up by 24.5% y-o-y to $17.8 mil; FY2022 revenue hits record high
PropNex has proposed to undertake a one-for-one bonus issue of up to 370 million new ordinary shares to broaden its accessibility.
February 28, 2023
Broker's Calls
Maybank starts PropNex at 'buy'; group can 'easily sustain' its high dividend payout of over 70%
Meanwhile SAC Capital has maintained its “hold” call on rising rates and a lower supply.
August 30, 2022
Results
PropNex reports 20.7% lower 2QFY2022 earnings of $13.1 mil
During the period, PropNex has declared an interim dividend of 5.5 cents, which will be paid out on Sept 2.
August 10, 2022
Results
PropNex sees 6.1% decline in 1QFY2022 earnings of $13.9 mil
PropNex expects HDB resale prices and private housing prices to rise by 6% to 8% and 3% to 5% respectively for the full year 2022.
May 11, 2022
Broker's Calls
Switch from leaders to laggards like ComfortDelGro, FCT, Genting Singapore, ART, CDLHT and ThaiBev: DBS
The analysts estimate that the STI will be trading between support at 3,200 to 3,250 points with near-term resistance at 3,408.
May 06, 2022
Results
PropNex reports 90.5% surge in 4QFY2021 earnings; proposes final dividend of 7 cents a share
The final dividend is the highest-ever payout for the group.
February 24, 2022