APAC Realty Limited (“APAC Realty”) (SGX:CLN) and PropNex Limited (“PropNex”) (SGX:OYY) are two leading real estate services providers listed on the Singapore stock exchange.
In this article, we will make some quick-and-dirty comparisons, numbers-wise, between the two companies to help you determine which might give you more value for money.
Introducing the companies
APAC Realty is a leading real estate services provider in Asia. The company provides real estate brokerage services, franchise arrangements, training, valuation and other ancillary services. APAC Realty’s real estate brokerage services are operated by its wholly-owned subsidiary ERA Realty Network Pte Ltd (“ERA Realty”). ERA Realty is one of Singapore’s largest real estate agencies with 7,107 agents registered as at 28 February 2020.
APAC Realty holds the exclusive ERA regional master franchise rights for 17 countries in the Asia Pacific. Through its ERA franchise network, the company has one of the largest brand footprints in Asia with more than 17,300 salespersons across 651...