{"id":82673,"date":"2018-03-14T09:38:47","date_gmt":"2018-03-14T02:38:47","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/propnex-expands-into-malaysia\/"},"modified":"2018-03-14T12:03:33","modified_gmt":"2018-03-14T05:03:33","slug":"propnex-expands-into-malaysia","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/propnex-expands-into-malaysia\/","title":{"rendered":"PropNex expands into Malaysia"},"content":{"rendered":"


\nPropNex CEO Ismail Gafoor with the leadership team from Malaysia.\u00a0
\nWith the success of its first regional expansion into Indonesia two years ago, PropNex has further expanded the brand to Malaysia.
\nInitially driven by a group of Malaysian real estate veterans \u2013 Yuki Wan, Steve Tong, Evon Heng and Marcus Teng, the expansion is in line with the agency\u2019s vision to develop qualified and professional real estate agents with the experience to serve overseas clients.
\n\u201cMalaysia has indeed grown to be one of the leading choice of property investors today. With improved connectivity between Singapore and capital, Kuala Lumpur thanks to the development of the High Speed Rail, major redevelopment plans for the Iskandar Zone and several residential and commercial projects by Chinese developers, property prices and transactions in Malaysia are set to be rising in the next few years,\u201d PropNex said in a statement.
\n\u201cPropNex believes that it is the opportune time to introduce its professional and qualified salespersons to serve the growing market there.\u201d
\nCurrently, the PropNex Malaysia brand has close to 100 agents who are primarily focused on marketing new and resale residential units.
\nPropNex CEO Ismail Gafoor is confident that the Malaysian agents \u201cwill scale to great heights in the market\u201d and make an impact in Malaysia\u2019s real estate brokerage industry in time to come.
\nSeparately, PropNex also unveiled a healthcare benefits scheme for its agents. The move comes amidst rising concerns for the self-employed or freelancers\u2019 need for help.
\nFor just $19, PropNex salespersons can visit over 500 general practitioner, dental and traditional Chinese medicine clinics and enjoy health screenings for various conditions, including diabetes and\u00a0 hypertension.
\nOther benefits offered by the company include a pension scheme, an insurance benefits scheme and a spouse protection scheme for team leaders, in which the spouse of a deceased team leader will be provided an income, until the team leader would have reached the age of 60.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…PropNex expands into Malaysia<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

PropNex CEO Ismail Gafoor with the leadership team from Malaysia.\u00a0 With the success of its...<\/p>\n","protected":false},"author":1,"featured_media":0,"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-82673","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-lvr","jetpack-related-posts":[{"id":52450,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/strong-interest-seen-for-local-and-overseas-properties\/","url_meta":{"origin":82673,"position":0},"title":"Strong interest seen for local and overseas properties\u00a0","date":"April 21, 2017","format":false,"excerpt":"\r Caption: (L-R): Sheldon Fernandez, Country Manager of PropertyGuru Malaysia; H.E Dato\u2019 Ilango Karuppannan, High Commissioner of Malaysia to Singapore; and Steve Melhuish, Co-Founder & Vice Chairman, PropertyGuru Group.\u00a0\u00a0 Two recent seminars organised by PropertyGuru attracted a healthy number of attendees looking for fresh insights and good investment deals. More\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2017\/04\/Northwave-Guru-Talk.jpg?fit=1200%2C828&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":48810,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/propnex-realty-ventures-into-indonesia-to-target-wealthy-buyers\/","url_meta":{"origin":82673,"position":1},"title":"PropNex Realty ventures into Indonesia to target wealthy buyers","date":"March 20, 2017","format":false,"excerpt":"\r Group photo of PropNex CEO Mohamed Ismail with some of the agents from Indonesia. Property agency PropNex Realty embarked on its first regional expansion into Indonesia in the second half of 2016 to access a larger pool of potential buyers, especially those interested in purchasing Singapore luxury properties. \u201cWe\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":92955,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/propnex-shares-2-2-times-oversubscribed\/","url_meta":{"origin":82673,"position":2},"title":"PropNex shares 2.2 times oversubscribed","date":"July 2, 2018","format":false,"excerpt":"\r PropNex Realty\u2019s CEO, Ismail Gafoor. PropNex Realty, Singapore\u2019s biggest homegrown property agency, held a successful initial public offering (IPO) that attracted strong investor interest, according to an SGX filing on Friday (29 July). Overall, its shares were 2.2 times oversubscribed. There were 1,796 valid applications for the 2.125 million\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104229,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/gap-to-transfer-its-property-agents-to-propnex-realty\/","url_meta":{"origin":82673,"position":3},"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":60360,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/80-of-dwg-agents-crossed-over-to-propnex\/","url_meta":{"origin":82673,"position":4},"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. 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