PRESS RELEASE

Island View To Be Relaunched For Collective Sale At Current Reserve Price Of $575 Million

Island View to be relaunched for collective sale at current reserve price of $575 million, with 60% of owners supportive of lowering the reserve price to $532 million. 04 March 2024, Singapore – PropNex Realty, Singapore’s largest real estate agency has today announced that it plans to relaunch the collective sale tender of freehold development, Island …

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Private Home Prices Climbed For The Third Straight Quarter In Q1 2024, While Hdb Resale Prices Strengthened On Healthy Demand And Firm Transacted Prices

26 April 2024, Singapore – Private residential property prices climbed for the third straight quarter in Q1 2024, while the HDB resale prices gained strength, following healthy demand and firm transacted prices of resale flats. In Q1 2024, the growth in HDB resale prices has outpaced that of private homes. Q1 2024 URA Private Residential Property …

Private Home Prices Climbed For The Third Straight Quarter In Q1 2024, While Hdb Resale Prices Strengthened On Healthy Demand And Firm Transacted Prices Read More »

Propnex Redoubles Efforts On Its International Property Business Amid Rising Investment Interest For Properties Overseas Among Singaporeans

23 April 2024, Singapore – PropNex Realty, Singapore’s largest real estate agency, has stepped up on efforts to expand its international property sales business, amidst a rising interest among Singaporeans in exploring investment opportunities abroad, according to feedback from many of the firm’s real estate agents. With Singapore citizens currently facing a 20% additional buyer’s stamp duty …

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Propnex Wins Proptech Award At The 2024 Sbr Technology Excellence Awards

Singapore’s largest listed real estate agency – PropNex Realty emerged the winner for PropTech in the Real Estate category at the Singapore Business Review (“SBR”) Technology Excellence Awards 2024 that was held on 18 April 2024. The most prestigious award programme for technological innovations, the SBR Technology Excellence Award recognizes exceptional companies in Singapore that …

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New Private Home Sales Surged By More Than Four Times In March, Supercharged By Lentor Mansion’s Successful Project Launch

15 April 2024, Singapore – The launch of Lentor Mansion has single-handedly boosted private new home sales in March 2024, accounting for more than half of the month’s sales. Developers sold a total of 718 new private homes (ex. EC) in March, representing a more than fourfold increase from the 153 units shifted in the previous month, …

New Private Home Sales Surged By More Than Four Times In March, Supercharged By Lentor Mansion’s Successful Project Launch Read More »

Flash Estimates: Growth In Private Home Prices Slowed In Q1 2024 Amid Weaker Sales Volume Hdb Resale Flat Prices Found Renewed Strength As Transactions Picked Up

Flash estimates released today showed that home prices in both the private residential property and HDB resale flat segments rose in Q1 2024, though at varying pace. Overall private home prices grew at a slower clip in Q1 2024 due to the weaker sales volume and the higher base in the prior quarter, while HDB …

Flash Estimates: Growth In Private Home Prices Slowed In Q1 2024 Amid Weaker Sales Volume Hdb Resale Flat Prices Found Renewed Strength As Transactions Picked Up Read More »

PropNex Real Estate Salesperson Transacts A 5-Room HDB Resale Flat In Boon Tiong Road For $1.588 Million, A New Record Price

PropNex Realty, Singapore’s largest real estate agency is pleased to share that one of its property agents, who had represented the seller of an HDB resale flat has transacted a 5-room unit at 9B Boon Tiong Road in Bukit Merah estate for a record price of $1.588 million on 28 April 2024 (being the date …

PropNex Real Estate Salesperson Transacts A 5-Room HDB Resale Flat In Boon Tiong Road For $1.588 Million, A New Record Price Read More »

Propnex Extends Free Comprehensive Health Screening To All 12,318* Self-employed Salespersons, Expands Reach To Thailand Market

IMMEDIATE RELEASE (13 March 2024) – PropNex, Singapore’s leading real estate agency, has partnered Let’s Get Healthy Pte Ltd (LGH), a social enterprise focused on strengthening community healthcare, and Mirxes, a Singapore-headquartered RNA technology and early cancer detection company, to provide a first-in-the-industry initiative aimed at early detection and at ensuring the long-term health of all …

Propnex Extends Free Comprehensive Health Screening To All 12,318* Self-employed Salespersons, Expands Reach To Thailand Market Read More »

Propnex’s Comments On The Ministry Of National Development Committee Of Supply 2024 Debate

PropNex’scomments on housing announcements at the Ministry of National Development Committee of Supply 2024 debate 05 March 2024, Singapore – The Ministry of National Development (MND) has today provided more details on the announcements made during the Singapore Budget speech in February. Among them, the Parenthood Provisional Housing Scheme (PPHS) (Open Market) Voucher, which is aimed at supporting …

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Weak New Private Home Sales In February 2024 Due To The Lunar New Year Holidays And A Lack Of Project Launches

15 March 2024, Singapore – In February 2024, housing developers sold 149 new private homes (ex. executive condos), down by 47% from the 281 units shifted in the previous month, and lower by nearly 66% on a year-on-year basis from 433 units sold in February 2023. The decline in sales during the month can be attributed …

Weak New Private Home Sales In February 2024 Due To The Lunar New Year Holidays And A Lack Of Project Launches Read More »

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