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PropNex share price spike triggers SGX query; APAC Realty up 7.9%

Jude Chan
Published Thu, Jul 15, 2021 · 09:50 PM

Singapore

SHARES of mainboard-listed real estate service providers PropNex and APAC Realty surged on Thursday, even as fresh Urban Redevelopment Authority (URA) data showed a third consecutive month-on-month decline in new private home sales in June.

Shares of PropNex rose 5.53 per cent or S$0.11 to S$2.10 at Thursday's close, while shares of APAC Realty, which owns ERA Realty Network, ended 7.9 per cent or 6 Singapore cents higher at 82 cents.