APAC Realty

Results

APAC Realty 2Q earnings down more than half to $3.3 mil on lower brokerage income

SINGAPORE (Aug 5): APAC Realty reported a 56.8% plunge in 2Q19 earnings to $3.3 million from earnings of $7.7 million during the same quarter last year.

Tech

APAC Realty invests $1 mil in proptech firm behind UrbanZoom

SINGAPORE (June 10): Real estate agency APAC Realty, which operates the ERA brand, is investing $1 million in Dots Connected, the company behind online property platform UrbanZoom.

Broker's Calls

Singapore's main real estate brokerages offer great value and defense, say analysts

SINGAPORE (June 7): Phillip Capital and CGS-CIMB Research are initiating positive coverage on both APAC Realty and PropNex, the two main market players within Singapore’s real estate brokerage sect

Broker's Calls

Why RHB remains positive on APAC Realty despite 1Q earnings miss

SINGAPORE (May 29): RHB Research is reiterating its “buy” call on APAC Realty while lowering its target price on the stock to 67 cents from 72 cents previously after cutting FY19-21F earnings to ac

Results

APAC Realty posts 71% drop in 1Q earnings to $1.7 mil on lower transaction volume

SINGAPORE (May 13): APAC Realty reported a 70.6% drop in 1Q19 earnings to $1.7 million from 1Q18 earnings of $5.9 million a year ago.

Broker's Calls

APAC Realty kept at 'buy' with 72 cents target by RHB on housing demand to stay firm

SINGAPORE (Mar 1): RHB Research is maintaining APAC Realty at “buy” given demand for Singapore’s residential property is expected to remain resilient despite a strong pipeline of new launches in 20

Results

APAC Realty posts 48% drop in 4Q earnings to $4.1 mil on lower revenue

SINGAPORE (Feb 28): Real estate agency APAC Realty, which operates the ERA brand, has announced a 48.1% drop in earnings to $4.1 million for the 4Q18 ended December, from $7.9 million a year ago, o

In print this week

APAC Realty buys back franchisees, raises bet on regional expansion, remains upbeat on Singapore

SINGAPORE (Feb 18): As Singapore experiences the effects of the property cooling measures, listed real-estate agency APAC Realty, better known for operating under the ERA franchise, is now looking

Broker's Calls

APAC Realty kept at 'buy' with 72 cents target by RHB as it deepens regional foothold

SINGAPORE (Feb 12): APAC Realty, the real estate agency, is deepening its South-East Asian presence with the

M&A

APAC Realty beefs up regional presence with Indonesia and Thai expansion plans

SINGAPORE (Feb 11): APAC Realty said it is making headway in its Southeast Asia expansion plans.

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