International real estate services firm JLL has bought a 20 per cent stake in home-grown PropNex International in a bid to grow its Singapore residential property business. PropNex International - the project marketing arm of PropNex - specialises in marketing new property developments. Its current projects include City Gate at Beach Road, Commonwealth Towers at Alexandra and Thomson Grand. JLL had...
PropNex
Property agency PropNex has launched a new fund to invest in real estate at the development stage in a partnership with fund management company Infiniti Asset Management. PropNex says the new fund - Infiniti Real Estate Strategies Fund - is designed to co-invest with developers in land bids for both local and overseas projects. These include executive condominiums and commercial properties in...
PropNex rolls out measures to win customers’ trust and confidence IF YOU discovered that the agent you had hired to sell your flat was also quietly acting for the buyer, you’d probably be hopping mad and looking for some kind of recourse. Unfortunately, there is nothing by way of laws over real estate practices that you can turn to. Property agencies like PropNex, however, are banking on...
One of Singapore's biggest real estate agencies, PropNex Realty, is firing more than one-third of its agents. According to its CEO, the move is aimed at cleaning up the profession. PropNex is firing those who have been with them for over a year, but have yet to submit a single transaction. About 2,800 agents currently on its list will be affected. The agents were first given a choice to remain as...