{"id":107763,"date":"2019-06-04T11:28:06","date_gmt":"2019-06-04T04:28:06","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/propnex-among-top-two-agencies-for-new-launches\/"},"modified":"2019-06-04T12:03:06","modified_gmt":"2019-06-04T05:03:06","slug":"propnex-among-top-two-agencies-for-new-launches","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/propnex-among-top-two-agencies-for-new-launches\/","title":{"rendered":"PropNex among top two agencies for new launches"},"content":{"rendered":"


\nIt is currently Singapore\u2019s biggest real estate agency, in terms of the number of agents.
\nAlthough it has not been among the first port-of-calls among property developers for new launches, PropNex is recently gradually earning market share in this particular segment, revealed a Phillip Securities report.
\nIn fact, it has managed to push through to be among the top two agencies with the largest market share of transactions for new launches.
\nListed on the Singapore Exchange on 2 July 2018, PropNex is a real estate services firm, comprising the brokerage (PropNex Realty Pte Ltd), property management, training and consultancy businesses.
\nIt is currently Singapore\u2019s biggest real estate agency, in terms of the number of agents.
\n\u201cPropNex currently holds the #1 title in terms of the number of real estate agents in Singapore, only recently jumping up from #2 position in 2017, after successfully merging with Dennis Wee Realty in July 2017. This expanded its agent count by 20 percent in 2018,\u201d said the report.
\nEast Coast, Tampines, HDBs, condos \u2014 find a property agent\u00a0for pretty much any type of property in Singapore.\u00a0
\nIn February 2019, the company entered in a strategic collaboration with Global Alliance Property, which is operating under the Century 21 franchise, for the transfer of its agents to PropNex.
\nWith this, agent count at PropNex now stands at 7,837, up 17 percent from 2018.
\n\u201cWhile agent count does not correlate with market share of transactions, PropNex has managed to push through to be among the top two agencies with the biggest market share of transactions for new launches. Its market share of transactions in the other segments had also increased within the same period,\u201d said Phillip Securities.
\nBy the way, what if we told you that you can get a new home, at prices before the 2018 cooling measures?
\nThat\u2019s right. Save up to $300,000 when you buy any of these selected properties during GuruDeals. See what we\u2019re talking about here.\u00a0<\/p>\n

Victor Kang, Digital Content Specialist at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0victorkang@propertyguru
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…PropNex among top two agencies for new launches<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

It is currently Singapore\u2019s biggest real estate agency, in terms of the number of agents....<\/p>\n","protected":false},"author":1,"featured_media":107764,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-107763","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2019\/06\/PGSG_Consumer_GuruDeals_In-house_Content_Banner-1-4.jpg?fit=728%2C120&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-s27","jetpack-related-posts":[{"id":104229,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/gap-to-transfer-its-property-agents-to-propnex-realty\/","url_meta":{"origin":107763,"position":0},"title":"GAP to transfer its property agents to PropNex Realty","date":"February 21, 2019","format":false,"excerpt":"\r PropNex further strengthens its position as Singapore\u2019s largest listed real estate agency with over 7,500 salespersons. Global Alliance Property (GAP), which operates under the Century 21 franchise, has signed a strategic collaboration with PropNex Realty, whereby GAP\u2019s property agents will be transferred to the latter. With the transfer of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64790,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/orangetee-and-edmund-tie-merge-to-form-singapores-third-largest-agency\/","url_meta":{"origin":107763,"position":1},"title":"OrangeTee and Edmund Tie merge to form Singapore's third largest agency","date":"August 28, 2017","format":false,"excerpt":"\r The new joint venture company called OrangeTee & Tie will comprise more than 4,000 agents, pushing it ahead of Huttons Asia. (Photo: Jianwei Huang) Homegrown property agencies OrangeTee and Edmund Tie & Co. announced on Monday (28 August) that they will merge to form a new joint venture company\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64786,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/orangetee-and-edmund-tie-amp-company-merge-to-form-singapores-third-largest-agency\/","url_meta":{"origin":107763,"position":2},"title":"OrangeTee and Edmund Tie &amp; Company merge to form Singapore's third largest agency","date":"August 28, 2017","format":false,"excerpt":"\r OrangeTee & Tie will comprise more than 4,000 agents, making it the third largest property agency in Singapore. (Photo: Jianwei Huang) Homegrown property agencies OrangeTee and Edmund Tie & Co. announced on Monday (28 August) that they will merge to form a new joint venture company called OrangeTee &\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60360,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/80-of-dwg-agents-crossed-over-to-propnex\/","url_meta":{"origin":107763,"position":3},"title":"80% of DWG agents crossed over to PropNex","date":"July 11, 2017","format":false,"excerpt":"\r PropNex Realty is officially the largest real estate agency with 6,688 salespersons. (Photo: Jianwei Huang) Some 845 out of the 1,063 property agents (80 percent) from Dennis Wee Group (DWG) have signed an agreement to cross over to PropNex Realty following a merger announcement in June. This means that\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":90386,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/propnex-realty-aims-to-raise-40m-in-ipo\/","url_meta":{"origin":107763,"position":4},"title":"PropNex Realty aims to raise $40m in IPO","date":"June 4, 2018","format":false,"excerpt":"\r PropNex Realty\u2019s CEO, Ismail Gafoor. In a bid to replicate the success of its rival APAC Realty, Singapore\u2019s largest property agency PropNex Realty plans to launch an initial public offering (IPO) that will raise about $40 million, reported Bloomberg recently citing anonymous sources. APAC Realty raised $58 million during\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":57608,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/propnex-merges-with-dwg-to-form-largest-local-property-agency\/","url_meta":{"origin":107763,"position":5},"title":"PropNex merges with DWG to form largest local property agency","date":"June 12, 2017","format":false,"excerpt":"\r \u00a0 Homegrown real estate agency PropNex Realty announced this morning (12 June) a merger with Dennis Wee Group (DWG) following an MOU signing over the weekend. The addition of DWG\u2019s 1,071 property agents in a bulk transfer will grow PropNex\u2019s team to 6,926 agents from 5,855 previously. The transition\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/107763"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=107763"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/107763\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media\/107764"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=107763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=107763"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=107763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}