apac realty

Strong home sales power developers’ H1 earnings, analysts upbeat on firm sentiment, steady pipeline

Analysts raise calls and target prices for CDL, UOL, GuocoLand and agencies PropNex, Apac Realty

Apac Realty operates Era real estate brokerage.

Apac Realty’s H1 net profit more than doubles to S$11.3 million on higher home sales

An interim dividend of 2.7 Singapore cents per share has been declared for the half-year

The Singapore property market is expected to continue showing signs of moderation in 2025, says Apac Realty's CEO.

Apac Realty’s H2 profit halves to S$3.1 million as new home sales drop

The company’s board declares a final dividend of 1.2 cents per share

CDL’s Norwood Grand sold 84 per cent of its 348 units at an average selling price of S$2,067 per square foot, making it the best-performing private residential launch so far this year. 

Six projects with 3,500 new homes to hit market in November as developers rush out launches 

They include Chuan Park, Nava Grove and Union Square Residences; market watchers cite recent strong sales

The new agreement will leverage Apac Realty’s exclusive regional master franchise rights for ERA in Asia-Pacific and NexUS Global Realty’s networks in the US.

Apac Realty ties up with NexUS Global Realty to grow cross-border real estate transactions

APAC Realty, which operates the ERA real estate agency franchise, has signed a memorandum of understanding with United States-based NexUS Global Realty to expand cross-border real estate transactions.

The group saw a 21 per cent fall in new home sales to S$57.9 million in H1, from S$73.3 million previously.

Apac Realty H1 net profit falls 18.7% to S$4.1 million

Board is proposing an interim dividend of 0.9 Singapore cent per share for the period

The addition of the Philippines will mark the 13th country in ERA Asia Pacific's portfolio.

Apac Realty enters the Philippines with franchise agreement

Upper Room has the right to operate or grant memberships to operate ERA member broker offices in Metro Manila for an initial 15-year term

Apac Realty says the total dividend of 2.5 Singapore cents for FY2023 will amount to a dividend payout ratio of 78 per cent.

Apac Realty H2 profit down 31.4% to S$6.8 million 

APAC Realty posted a 31.4 per cent drop in net profit to S$6.8 million for the six months ended Dec 31, 2023, from S$9.9 million in the corresponding period the year before.

Apac Realty, which operates under the ERA brand, says the move is in recognition of Australia’s “well-established real estate market and its significant long-term growth potential”.

Apac Realty expands into Australia with ERA Queensland master franchise

MAINBOARD-LISTED Apac Realty said on Thursday (Sep 28) that it is expanding into Australia, with the grant of the ERA Queensland master franchise, continuing its expansion into overseas markets.

The group’s earnings per share fell 70 per cent to 1.41 Singapore cents, down from 4.7 cents a year ago.

Apac Realty posts 70% fall in H1 net profit to S$5 million

REAL estate service provider Apac Realty saw net profit tumble 70 per cent in its half year ended June 2023 to S$5 million, down from S$16.7 million in H1 2022.