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PropNex CEO expects local demand to drive growth

Ismail Gafoor upbeat about the HDB, private resale market in 2022; high on company agenda to grow market share will be recruiting more agents. BY LISA KRIWANGKO

Lisa Kriwangko

Published Sun, Apr 3, 2022 · 09:50 PM

    Singapore

    PROPNEX Realty is banking on strong local demand to drive growth in a market weighed down by inflation concerns and measures to cool the fervent run-up of recent years.

    PropNex, one of two real estate agencies that dominate transactions in both private and public housing, benefited from the bullishness that ran in 2021 across all market segments - Housing Development Board (HDB) resale, private residential resale, landed property, project marketing and residential rentals.