PropNex

$PropNex(OYY.SG)

Context:

PropNex remains one of the property-related stocks I’m keeping in my portfolio. I like having exposure to Singapore’s property market without directly owning property, and the company’s recurring agent network gives me an interesting way to play the sector.

My trade:

I’m still holding my PropNex shares and not looking to overtrade the position. I’m happy to sit through the short-term price movements while keeping an eye on transaction volumes and earnings.

Takeaway:

This is more of a patience play for me. I’m holding for the business performance and dividend potential, rather than trying to catch every short-term move in the share price.

$PropNex(OYY.SG)

Context:

I’ve been holding PropNex because I like its exposure to Singapore’s property market. Property transactions can be cyclical, but PropNex has a strong position locally and I think the business can continue benefiting when the market stays active.

My trade:

I’m continuing to hold my PropNex shares rather than taking profit for now. The dividend is another reason I’m comfortable keeping the position while waiting for the business to grow.

Takeaway:

Not looking to trade this one every few weeks. I’m happy to hold and collect the dividends while keeping an eye on property transaction volumes and the overall market. 📈

$PropNex(OYY.SG)

Context:

I’ve been watching PropNex for a while, and I like the exposure it gives me to Singapore’s property market. Property transactions remain an important driver, and PropNex has built a strong position among local property agencies.

My trade:

I decided to buy PropNex because I think the current opportunity is attractive for a longer-term hold. The dividend is also a nice bonus while I wait for the business to continue growing.

Takeaway:

For me, this is more than just a short-term trade. I’m buying based on the overall property market outlook, PropNex’s business position and the potential income from dividends. 📈

$PropNex(OYY.SG)

Context:

I’ve been watching PropNex closely and I still like the longer-term outlook for Singapore’s property market. Transaction activity has been pretty healthy, and PropNex continues to be one of the bigger players in the market.

My trade:

I decided to buy more PropNex and increase my position. I’m comfortable adding at the current levels because I still see value in the business, especially with its dividend payout.

Takeaway:

For me, this isn’t a quick trade. I’m adding because I’m still bullish on the company’s fundamentals and willing to hold through the ups and downs. 📈

$PropNex(OYY.SG)

Context:

PropNex caught my attention because Singapore’s property market has remained pretty active. With property transactions and new launches still keeping agents busy, I think there’s still a decent growth story here.

My trade:

I’m holding PropNex and taking a longer-term view. I like that it’s not just about share price appreciation — the dividend also makes holding it more attractive to me.

Takeaway:

Property stocks can be cyclical, so I’m not expecting everything to go up in a straight line. For now, I’m comfortable holding PropNex and letting the business and dividends do the work. 📈

$PropNex(OYY.SG)

Context:

Been keeping an eye on PropNex as Singapore’s property market remains fairly resilient. With property transactions still active and PropNex having a strong presence among agents, I think there’s still room for the business to perform well.

My trade:

I’m holding PropNex and taking a longer-term view on this one. I’m not expecting the stock to move up every day, but I’m comfortable holding while the earnings and dividend story remains healthy.

Takeaway:

For me, PropNex is more of a steady play on Singapore’s property market rather than a quick trade. As long as transaction volumes and the overall property market stay supportive, I’m happy to hold and see how it plays out. 📈

$PropNex(OYY.SG)

PropNex: Policy Pivot Creates a Transaction Boost—but How Durable?

PropNex enters 2026 from a position of strength: FY25 revenue surged 42.6% to S$1.12bn and net profit 72% to S$70.4m, with a 9.5-cent dividend. Yet analysts forecast FY26 profit growth moderating to just 6.6% at S$75m.

The removal of the 15-month wait-out period for private-property owners buying non-subsidised HDB resale flats is a meaningful catalyst. It unlocks pent-up “downgrader” demand, potentially lifting HDB resale and private-property transactions simultaneously as households sell private homes and purchase resale flats.

However, the rental upside may prove temporary. Private rents rose only 1.0% in 1H26, while 5,012 private units are due for completion in 2H26 and supply rises substantially in 2027–28.

The bigger question is sustainability: HDB resale volumes rose despite prices falling 0.4% in 1H26, suggesting demand is becoming volume-driven rather than price-driven.

Technically, PropNex at S$1.81 remains well below its S$2.63 52-week high, while valuation at ~19x trailing earnings is no longer cheap.

View: HOLD. The policy creates a near-term transaction surge, but once pent-up demand and housing supply recalibrate, earnings growth could normalise. The dividend provides downside support, but sustained upside requires transaction volumes—not merely policy-driven activity—to remain elevated.

Not financial advice.

$PropNex(OYY.SG)

Closed my PropNex position today. It was a good run, and I’m happy to lock in the gains. No regrets—sometimes taking profits is just as important as finding good companies. I’ll keep it on my watchlist and won’t hesitate to re-enter if the opportunity presents itself.

$PropNex(OYY.SG)$Sembcorp Ind(U96.SG)

Sembcorp is my way of investing in long-term trends like the energy transition and sustainable infrastructure. The business continues to evolve while maintaining a diversified portfolio. I’m happy to hold through market fluctuations and see where the company is a few years down the road.

$PropNex(OYY.SG)

PropNex isn’t the flashiest stock, and that’s exactly why I like it. I prefer businesses with a clear model and consistent execution over chasing hype. As Singapore’s property market evolves, I’m happy to stay invested, collect dividends, and let my position grow over time.