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ERA Realty sees auctions market as a new growth area

It hopes to enter the market this year, also looking to establish a franchise in Philippines

Singapore

THE surge in property auctions last year has caught the eye of Singapore's largest real estate agency, ERA Realty, which now wants a slice of this growing pie.

Jack Chua, ERA Realty's CEO for Asia Pacific and Singapore, told The Business Times that the agency hopes to enter the market this year as he expects more auctioned properties to be sold. He is also spearheading efforts to launch an ERA franchise in the Philippines this year.

Mr Chua revealed these plans following the launch of ERA's...

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