286 Followers SGX:OYY - PropNex Ltd PropNex
Sector: Real Estate, Industry: Real Estate Services
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Singapore's July home sales hit 8-month high

18 Aug 2020 - Singapore Business Review
A total of 1,080 new private homes were sold in July, up 8.2% from the previous month. Amid the pandemic and economic downturn, Propnex Realty reveals developers’ sales continued to outperform expectations in July, booking the highest monthly sales in eight months. Latest data from the Urban Redevelopment ...
sgx:oyy klse:7071

PropNex's profit spiked 96.1% to $7.26m in Q2

13 Aug 2020 - Singapore Business Review
Revenue also rose thanks to increased commission income from project marketing services. Propnex has recorded a $7.26m profit attributable to shareholders in Q2, skyrocketing 96.1% YoY from $3.7m in Q2 2019, an announcement revealed. For H1, its profit surged 160.2% YoY to $14.84m from $5.7m in H1 2019. ...
sgx:oyy

HDB resale prices up 1.5% in July

6 Aug 2020 - Singapore Business Review
Analysts noted that the figure reiterates the HDB resale market’s stability. HDB resale prices rose 1.5% YoY and 0.4% MoM in July, according to SRX data. From its April 2013 peak, prices are 12.8% lower. Prices for most room types are higher than a year ago. Three-room prices inched up 0.5% YoY, four-room ...
sgx:oyy hkex:577

Chart of the Day: Homes under 800 sqft make up most purchases in May

13 Jul 2020 - Singapore Business Review
This points to investors entering the market to pick up smaller units. This chart from Propnex research shows that in terms of sizes, homes that are under 800 sqft have garnered the most interest from buyers and investors with 67% in May. This is compared to 53% in January. In particular, homes spanning ...
sgx:oyy

Chart of the Day: Bulk of homes sold at $2m in May

10 Jul 2020 - Singapore Business Review
Sale of units priced $2m-$3m dropped to 4%. This chart from Propnex research shows that a larger proportion of homes were sold in the price quantum brackets of under $2m. The trend was the most pronounced in May where 95% of new homes sold were valued at $2m and under. This is compared to 89% in April, ...
sgx:oyy

Chart of the Day: Overall home sales in CCR surge 72% in Q1

8 Jul 2020 - Singapore Business Review
A total of 4,269 private residential units were sold in the quarter. This chart from PropNex research shows that the Core Central Region (CCR) saw the sharpest rise in overall home sales, surging 72% YoY to 1,073 in Q1, which is partly driven by a new launch, The M. In total, 4,269 private residential ...
sgx:oyy

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