Shares & Derivatives
Better Buy: PropNex Vs APAC Realty
By The Smart Investor  •  March 9, 2023
Singaporeans’ love affair with property has been well-documented. High demand for homes for staying and for investments has pushed HDB resale prices for the 31st straight month in January this year. As Singapore also faces a limited supply of homes, rental rates here are poised to catch up with Hong Kong, with analysts projecting that rates could rise another 10% to 15% in 2023. If you want to benefit from this long-term trend, you should look at parking some money in real estate through the intermediaries – the real estate brokerages. These brokerages have benefitted from this trend as they deploy their salespeople to handle a myriad of property transactions. We decided to dig deeper into PropNex (SGX: OYY) and APAC Realty (SGX: CLN) to better understand which makes the better investment. Number of salespeople The number of salespeople a brokerage has is a good reflection of its reach. With a larger sales force, the business can help with a...
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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