PropNex
PropNex is a real estate portal with the most comprehensive and updated property listings and market information for Singapore properties be it residential, commercial or industrial.
See below for the Latest PropNex News, Analysis, Profit Results, Share Price Information, and Commentary.
Sales of future new launches likely to experience ‘some friction’
Sales of future new launches likely to experience ‘some friction’
Two of the recently launched developments had a take-up rate of 23%.
PropNex’ net attributable profit falls 18.4% YoY to $22.1m in 1H23
Given the lower profit, the company proposed an interim cash dividend of 2.5 cents a share.
Singaporeans unveil home-buying preferences
Despite market uncertainties, 6 in 10 Singaporeans still plan to purchase homes this year.
Lermit Road GCB on sale for $137.2m
The freehold GCB will be sold via private treaty.
Buyer fatigue? LakeGarden Residences sells less than 25% of its units during launch
The Wing Tai development has a total of 306 units.
Altura EC receives strong demand from HDB upgraders
Units allocated for second-timers during the launch got sold within the first 3 hours of sales.
Price expectation gap resulted in fewer condo resale deals: analysts
The condo resale price growth slowed down last month to 0.1%.
Why Jalan Tembusu got fewer bids than Tampines St 62 EC site
The former received two bids, whilst the latter got seven.
Lentor Hills Residences sells half of its units during weekend launch
It achieved an average selling price of slightly above $2,000 psf.
Sales of prestige landed homes rise 33.2% HoH in 1H23
There were 57 deals in the first half of the year.
Good Class Bungalow market marks slowest half-year performance since 1H20
Only eight GCBs were sold from January to June.
Condo resale market to slow in June: analyst
High mortgage rates may be turning off would-be buyers.
999-year leasehold GCB site in Chestnut Drive on sale for $22m
PropNex Realty said the site will be sold via expression of interest.
Bidding war: Developers likely to team up to bag tender for Jurong Lake District site
The tender for the master developer site will close on 26 Mar 2024.
PropNex garners 48 cheques for Eleven@Holland; 7 more homes for sale
The seven properties will be put up for sale via tender, closing on 12PM on 12 June.
HDB resale volume to ‘ease slightly’ in June: expert
In May, volumes picked up by 3.2% MoM.
Commentary
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data
Is Singapore's emphasis on long-term security and stability hindering purpose-driven employees?
When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?
What Singapore’s app store rules reveal about the future of online trust
Faster hiring alone will not fix construction’s productivity problem
Beyond policy: How Singapore's service sector can win at the frontline
Solving the production problem behind Singapore’s ‘pilot purgatory’
Transformation without disruption: Your Existing ERP is an accelerant to business innovation
From Singapore to Southeast Asia: Thriving in innovation by knowing when to pause
Section 13O, MAS, and the digital footprint of Singapore Family Offices