PropNex Realty launches regional franchise
Singapore
SINGAPORE'S largest homegrown agency PropNex Realty is finally spreading its wings regionally after 17 years of operation through a franchise model.
Within a span of six months, it has garnered 600 property agents in Indonesia across seven agencies under a master franchise since the second half of last year. Next up will be Vietnam, where it hopes to bank on a similar master franchise concept.
PropNex Realty CEO Ismail Gafoor said he is in no hurry to jump-start new markets though he is in the process of shortlisting potential candidates in Vietnam.
In Indonesia, Mr Gafoor said …
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