🌟🌟🌟Investing in $PropNex(OYY.SI)$
The Power of Scarcity
In Singapore, land is not just a resource. It is a finite precious commodity. This fundamental scarcity ensures that while the market may fluctuate, the long term trajectory of property remains a safe haven for wealth preservation. PropNex capitalises in this by being the proxy for the entire industry. When the market moves, PropNex moves with it, capturing value in every transaction, whether it is a record breaking HDB resale or a luxury prime district condo launch.
"A Finger In Every Pie"
PropNex is truly in every pie. As of January 2026, PropNex is the undisputed leader with a staggering 13,945 agents, representing one third of the nation's total salesforce.
This massive scale allows PropNex to command:
64.2% market share of overall transaction volume.
Dominance in Project Marketing with revenue in this segment surging 183.2% year over year in 1H2025.
Deep penetration in HDB resale, where PropNex has successfully closed nearly two thirds of all residential transactions in Singapore.
Rewarding Shareholders
For the income focused investor, PropNex is a dividend powerhouse. It maintains an asset light, zero debt balance sheet with a massive cash pile of SGD 136.8 million as of mid 2025.
Record Dividends: In 2025, PropNex paid a total of SGD 0.11 per share, a massive 82.6% increase from the previous year.
Attractive Yield: As of February 2026, PropNex offers a dividend yield of 3.6%.
Profit Growth : Analysts expect 2025 net profits to increase by over 80%, with potential for special dividends to be announced in late February 2026.
Performance wise, PropNex is up 16% year todate and in 2025, PropNex has skyrocketed 97.8%.
Key Insights
Market Leadership : PropNex has officially crossed the 14,000 agent milestone in early 2026, widening the gap between it and its closest competitors.
Resilient Business Model : By diversifying across resale, rental and new launches, PropNex remains profitable even when one segment slows down.
Growth Outlook : With a solid pipeline of new launches in 1H2026 and stable private home price growth projected at 3 to 4%, PropNex is well positioned for continued expansion in Singapore's real estate market.
Concluding Thoughts
I did not buy PropNex because I wanted fireworks. I bought it because I wanted foundation - the kind that don't crack when the market throws a tantrum.
People talk about multibaggers like they are lottery tickets. But PropNex wasn't luck. It was patience. It was conviction. And somewhere along the way the "just hold it" became 469%. It is a story of staying power. It is proof that sometimes the most powerful thing you can do is... nothing. That is why I invest in PropNex.
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