Property Valuation Services

We provide professional independent analysis, comprehensive and reliable valuation services for all types of properties including HDB and private residential, commercial, industrial, lands, hotels amongst others. We firmly believe that accurate, high-quality and consistent market-leading valuations are critical to the success of every real estate investment.

Headed by Joseph Gan who has over 30 years of experience in the valuation business, our dedicated and experienced team will be able to provide fair opinion of intangible assets for our clients not just for mortgage valuation but also during corporate exercises like acquisitions of local or overseas companies via asset or share transfer, initial public offering (IPOs) and special audit reviews commissioned. Our reports are submitted and validated by local bankers, corporate finance houses, lawyers, auditors and potential investors.

We endeavour to deliver timely and accurate valuation services at a fair and competitive negotiable fee. Our valuation team works on this principle of engaging in a professional, detailed and thoroughly researched process before arriving at the market value of the property, focusing on providing and growing the valuation business services to banks, financial institutions, statutory boards, multi-national corporations, lawyers, accountants and private clients.

Our Valuation Services

  • Valuation for HDB, Private Residential, Commercial, Industrial, Specialised Properties (golf courses, hotels, resorts etc), Development Site
  • Valuation for Sale/ Purchase/ Divestment / Liquidations
  • Valuation for REITS
  • Valuation for Public Listing / IPO / Joint Venture/ Investments
  • Valuation for Mortgage / Loan
  • Valuation for Auction
  • Financial Reporting, Accounting and Year-end book
  • Transfer of Shares
  • CPF Withdrawal
  • Property Tax Advisory
  • Litigation and Expert Witness
  • Fire Insurance
  • Stamp and Estate Duties
  • Commercial Rent Reviews & Lease Renewals
  • Compulsory Land Acquisition Appeals
  • Development Land Financing
  • Our valuation department is in the valuation panel of the following banks and financial institutions
    • DBS
    • OCBC
    • UOB
    • HSBC
    • Maybank
    • CIMB
    • Ethoz
    • Funding Societies
    • Goldbell Financial Services
Joseph Gan

Director, Valuation

For assistance with your needs, please contact us at: valuation@propnex.com

Corporate Leasing

We provide a full suite of comprehensive and professional leasing solutions in meeting the needs of our corporate landlord and tenants for their residential or industrial properties. Our dedicated leasing team will be able to take care of your tenancy matters from marketing, managing and leasing of vacant units to follow up on renewal and rental reports.

Our Clients comprise of Corporate Landlords in helping them to market and manage the portfolio of their properties and Corporate Tenants (Multinational Companies) of whom we are able to assist them with relocation services, tenancy management, account management, home and school search and even hand over services for departure.

Our Leasing Services

    Marketing & Leasing
  • Implement and execution of effective marketing campaign
  • Active marketing and conduct showing
  • Advise and negotiate on offer received
  • Follow up on renewal
  • Tenant retention program
    Lease Management
  • Vacant unit
  • Pre and Post Tenancy
  • Handover and Takeover
  • Tenancy issues matters
  • Monthly market reports and updates
  • Rental recommendation and budget proposal
    Financial Management
  • Management of Clients’ Trust Account
  • Rental Collection
  • Rent Arrears Management
  • Property Tax, MCST administration and any other relevant government authorities
  • Monthly consolidated statements, rent reports and payments
Norris Low

Director, Corporate Leasing

For assistance with your corporate leasing needs, please contact us at: leasing@propnex.com

Corporate Sales Services

The PropNex Corporate Sales team offers property sale solutions for real estate asset classes ranging from Residential, Good Class Bungalow sectors to Commercial and Industrial properties. The team is made up of meticulous professionals with years of expertise to deliver exceptional and personalized real estate solutions to clients and homeowners, along with property advices to help one make sound real estate decisions. With ground knowledge of the real estate market, the team identifies unique opportunities and offers high exposure for every property through targeted and strategic marketing platforms.

OUR CONSULTANCY SERVICES

  • Public Asset Chattels Auction
  • Quick Results
  • Property Closed Bidding
  • Property Closed Tender
  • Property Expression of Interest (EOI)
  • Exclusive Private Treaty
  • Sale/Lease of Private Residential, HDB, Commercial & Industrial
  • Property market analysis

OUR SALES TYPES

  • Estate sales
  • Trustee sales
  • Liquidator sales
  • Sheriff/Bailiff sales
  • Mortgagee/Bank sales
  • Owner sales
  • Receiver sales

Our Clients

  • Banks and Financial Institutions
  • Government and statutory bodies
  • Law firms
  • Liquidators, Trustees and Individuals
  • Corporates and Companies
Clarence Goh

Head of Corporate Sales

To subscribe for our auction mailing list, please email: corpsales.auc@sgpropnex.com


Join our social media for regular updates via:

Telegram - https://t.me/PropNexCorporateSalesAuction

Facebook - https://www.facebook.com/PropNexAuction/?ref=bookmarks

About Investment and Collective Sale Team

The Investment and Collective Sale Team handles the collective sale of strata office buildings, retail spaces, condominiums, industrial factories and warehouses. Some of our successful collective sale portfolio includes Rose Garden, Clemenceau Court and Gardenia Court. As for investment sale, our team oversees the sale of buildings, retail, factories, warehouses, as well as residential land for apartments and landed properties.

Tracy Goh

Head of Investment and Collective Sale Department

Our team of more than 20 consultants is led by Tracy Goh, who has been in the real estate industry for more than 30 years. With the past experience of running her own agency for 20 years under her belt, Tracy has advised many different clients on their real estate investment portfolio and sold a wide variety of both commercial and residential properties in all districts in Singapore. Upon joining PropNex in 2018, she and her team had since secured exclusive collective sale appointments for the following: Kim Sia Court, Boonview Condominium, Seraya Ville, as well as mixed sites such as Le Shantier and Waterloo View.


Under the constant training and guidance from Tracy, our team is fully capable of initiating collective sale procedures and educating owners on key areas such as timeline and the intricacies of land prices.

Together with our CEO Mr Ismail Gafoor, the Investment and Collective Sale Team continues to operate strategically to stay ahead of competition.

Currently, we have 4 exclusive Collective Sale Appointments:

Commercial Zoning:

1. Hoe Chiang/ Lim Teck Kim Site, 999 years and in excess of $200m. Signatures in progress.

Residential Zoning:

2. Vicenta Lodge, freehold and near MRT, Reserve Price at $29m and can redevelop into 27 apartments. Ongoing

3. Jansen Mansions at 25 Jansen Road, Reserve price at $19.8m and can be redeveloped into 21 new residential units. Ongoing

4. The Stradia at 78 Yio Chu Kang Road, Reserve price at $23.8 million translating to a land rate of $1,060 per square foot per plot ratio (psf ppr), inclusive of the development charge. Ongoing

5. Lakepoint Condominium near Jurong Lake Gardens. Reserve price of S$640 million. It has the potential to be redeveloped into 860 new condominium units, averaging 915 sq ft each, subject to the planning authority's approval. Ongoing

En Bloc Team Member Application Now Open:

1. Experienced in past en bloc projects

2. Have earned more than $300,000 in net commission over the past 3 years. If you have not earned this commission before, then you will not qualify as we are looking for agents with experience in the resale and new launch projects. (commission from all agencies qualify if you are new in PropNex).

3. Please submit your CV detailing the point 1 and proof of point 2 and you will undergo further test and interview to join our EN BLOC TEAM.

4. The Test shall include the ability to calculate a 99 years leasehold project on the Top Up Premium and Development Charges.

5. For those without experience, you may apply if you know how to calculate point 4.

6. EN BLOC TEAM member works on only 1 en bloc project that is assigned to you and you can at the same time still do your resale and new launch projects. It is not a full time job.

7. We are looking for even tempered pleasant personality, have a good knowledge of resale and new launch projects so that you can assist in Home Replacements when the en bloc is done successfully.


Please email your CV to tracygoh@propnex.com

Collective Sale

Learn More

Investment Sale

Learn More

What is Collective Sale ?

Collective Sale refers to the sale of strata office buildings, retail, condominiums, industrial factories and warehouses owned by multiple parties. Some of our successful collective sale projects include Rose Garden, Clemenceau Court and Gardenia Court.

Ongoing Project(s)

Jansen Mansions

Upcoming Projects(s)

Vicenta Lodge

Sold Project(s)

Telok Kurau

Is Collective Sale a feasible option?

There are many considerations when accessing a property for collective sale and they include the following:
  • What is the Current Zoning Masterplan?
  • What is the development cost involved for the site usage to be changed from industrial to residential?
  • Is this project under built?
  • What is the current land price for such zoning?
  • Will there be any financial loss for the owners and how great is the impact of the loss?
  • Is there any encroachment that we need to be aware of?
  • Is there enough premium for owners to agree to en bloc?
  • What is the selling price of the new development in that location?
  • Does this premise qualify for Masterplan 2019 CBD Incentive?
  • Is this project affected by height restrictions?
  • Is this project affected by 85 sqm or 100 sqm ruling?
  • Can there be a change of zoning from industrial factory to warehouse, data centre or Food factory?
To assess the viability of a collective sale, owners will have to furnish the strata area and share value of every unit .

What is an Investment Sale ?

Contrary to popular belief, Investment Sale is more than just the sale of commercial and industrial properties. Over the years, PropNex has successfully handled the sale of buildings, retail spaces, factories, warehouses and even residential land for apartments and landed properties, whether they are exclusively owned by an individual or a company.


2021: A New Horizon

The outbreak of the COVID-19 pandemic in 2019 has drastically changed the world that we used to know. Businesses that embrace this change as an opportunity is set to prosper, while those who refused to change will be history. Digitisation is now a necessity in this current day and age, with e-commerce platforms providing newer and stronger business opportunities.

In 2020, Singapore introduced its very own Digital Banking License and we have since attracted many financial giants who are unfazed and unstoppable by the pandemic: Alibaba acquired a 50% stake in AXA Tower; TikTok’s parent company ByteDance has ramped up its hiring activity in Singapore and plans to invest billions in data centres; last but not least, WeChat owner Tencent Holdings has confirmed its plans for a new Singapore office as part of its South-East Asia expansion. All these bode well for the property sector, and investment sale is definitely poised for tremendous growth in the future.

The pandemic has pushed Singapore into the limelight. Our government is constantly taking steps to manage the spread of the virus and increase vaccination rates among our population, while ensuring that most of our daily routine can be carried out safely. Billions of dollars have also been withdrawn from our national reserves to better support our nation. Our currency has remained robust despite the pandemic, and this has attracted many rich investors all over the world, who sought to generate rental income from real estate, as well as to keep their money in a safe haven.

In the presence of low interest rates, strong COVID-19 measures, bilingual talents, and plenty of government initiatives to help businesses digitise and prosper, our job market will recover and we will attract more investments. With all these, investment sale is set to break new records in the coming year.


Experience the PropNex Difference

With PropNex’s Vision in mind, our team strives to work our best and come up with more innovative ways to buy and sell property. These are the reasons why we are different from our competitors:


1. We constantly seek every possible way to add value to our clients

2. We strive for a win-win proposition with all parties involved

3. We help our developers invest in more redevelopment projects by introducing joint venture partners

4. We enable our clients to invest in trophy assets

5. We facilitate the refurbishment of our clients’ buildings by introducing joint venture partners

6. We find ways to help clients benefit from the Masterplan 2019 CBD Incentive

7. We encourage our clients to monetise their assets through REITs

8. We enable high net worth individuals and funds to invest in development projects


They say networking is the key to success and we agree wholeheartedly.


We look forward to add value and network with you. Please contact us for a private and confidential discussion

The questions we ask to value add to our office building owners:

  • Is the owner better off selling the building?
  • Should we introduce Equity Partners to buy in the shares of the holding company?
  • Can the building be refurbished and add gross floor area (GFA) to increase its rental value, thereby increasing its asset value?
  • Can the office building benefit from Masterplan 2019 CBD Incentive?
  • Can an Outline Planning Permission (OPP) be done for the owners to increase its GFA, thereby increasing its selling price?
  • Can we have multiple OPPs? To have office cum residential or office cum hotel?
  • Can there be amalgamation of land plots to achieve higher asset value?

Please contact us for a private and confidential discussion.