Singapore Exchange Ltd (SGX)

Singapore Exchange is Asia’s leading and trusted market infrastructure, facilitating the exchange of capital and ideas to create value for people, businesses and economies. As a multi-asset exchange operating equity, fixed income and derivatives markets to the highest regulatory standards, SGX is a vertically integrated business that provides listing, trading, clearing, settlement, depository and data services.

With about 40% of listed companies and over 80% of listed bonds originating outside of Singapore as well as established linkages across the region and in Europe, SGX is Asia’s most international and connected exchange. Offering a full suite of derivatives products across Asian equity indices, commodities and currencies, SGX is the world’s most liquid international market for the benchmark equity indices of China, India, Japan and ASEAN.

As Asia’s pioneering central counterparty, SGX is globally recognised for its risk management and clearing capabilities, and was one of the first globally to adopt the Principles for Financial Market Infrastructure.

Headquartered in AAA-rated Singapore, SGX has over 800 employees including offices in Beijing, Chicago, Hong Kong, London, New York, Mumbai, San Francisco, Shanghai and Tokyo.

Asia’s leading multi-asset exchange

SGX Market Strategist, Equity & Fixed Income, Singapore Exchange Ltd (SGX)

Geoff Howie

SGX Market Strategist, Equity & Fixed Income

Equity Bottom-Up

<h2>10 Questions for PropNex Limited</h2>
Company Overview&nbsp; The Group is an integrated real estate services group with core businesses in (i) real estate brokerage, (ii) training, (iii) property management and (iv) real estate consultancy. The Group's primary business is in the provision of real estate brokerage services comprising real estate agency and project marketing services.&nbsp; <a href="https://www.sgx.com/securities/equities/OYY" target="_blank" rel="noopener">Link to StockFacts company page</a>
<ol>
<li>What are some key focus areas for PropNex in the near term? </li>
</ol>
<ul>
<li>Increase outreach via digital platforms: The COVID-19 pandemic has changed the manner in which real estate property transactions are carried out. As physical viewings of properties continue to be restricted, the Group has invested in digital platforms that allow salespersons to conduct virtual viewings.</li>
<li>Growth of sales force: According to data from the Council for Estate Agencies, PropNex currently has the largest sales force in Singapore with close to 8,700 salespersons. We aim to be the first in Singapore to reach or exceed 10,000 salespersons within the next two years.</li>
<li>Increase market share: In line with growing sales force, the Group targets to increase current market share among real estate agencies from 45% to between 55% to 60% within next two to three years.</li>
<li>Growth of overseas presence: The Group has presence in Indonesia, Malaysia and Vietnam. It aims to expand into other countries within ASEAN, in the next five years.</li>
</ul>
2. Describe PropNex’s latest financial performance/profitability.
<ul>
<li>The Group’s performance for the six months ended 30 June 2020 (“1H2020”), is a reflection of PropNex’s resilient business model. Despite the onset of COVID-19, the Group achieved double digit year-on-year growth in 1H2020 revenue. PropNex also declared an interim dividend of 1.5 cents, an increase of 20% from last year’s.</li>
<li>Looking ahead, PropNex will continue to invest in our people, technology and infrastructure to pursue further growth opportunities in both Singapore and overseas markets.</li>
</ul>

10 Questions for PropNex Limited
Company Overview&nbsp; The Group is an integrated real estate services group with core businesses in (i) real estate brokerage, (ii) training, (iii) property management and (iv) real estate consultancy. The Group's primary business is in the provision of real estate brokerage services comprising real estate agency and project marketing services.&nbsp; Link to StockFacts company page

What are some key focus areas for PropNex in the near term? 


Increase outreach via digital platforms: The COVID-19 pandemic has changed the manner in which real estate property transactions are carried out. As physical viewings of properties continue to be restricted, the Group has invested in digital platforms that allow salespersons to conduct virtual viewings.
Growth of sales force: According to data from the Council for Estate Agencies, PropNex currently has the largest sales force in Singapore with close to 8,700 salespersons. We aim to be the first in Singapore to reach or exceed 10,000 salespersons within the next two years.
Increase market share: In line with growing sales force, the Group targets to increase current market share among real estate agencies from 45% to between 55% to 60% within next two to three years.
Growth of overseas presence: The Group has presence in Indonesia, Malaysia and Vietnam. It aims to expand into other countries within ASEAN, in the next five years.

2. Describe PropNex’s latest financial performance/profitability.

The Group’s performance for the six months ended 30 June 2020 (“1H2020”), is a reflection of PropNex’s resilient business model. Despite the onset of COVID-19, the Group achieved double digit year-on-year growth in 1H2020 revenue. PropNex also declared an interim dividend of 1.5 cents, an increase of 20% from last year’s.
Looking ahead, PropNex will continue to invest in our people, technology and infrastructure to pursue further growth opportunities in both Singapore and overseas markets.


10 in 10 with PropNex Limited – Home Buying, Reimagined

Propnex Ltd

10 in 10 with PropNex Limited – Home Buying, Reimagined