Dividend YieldPropNex offers a defensive yield of 6.1%, which does not include the potential for further special dividends.
Earnings GrowthThe Singapore property market outlook remains reasonably solid, and with PropNex retaining its robust market share, the company is expected to deliver 29% earnings growth.
Market OutlookPropNex faces a favourable property market outlook with new launches totaling around 13,000 units, nearly double the number seen previously.