Real estate agency PropNex announced that they posted S$8.2 million in net profit for the first quarter. And this was up from the S$2.3 million in the preceding year, boosted by property transactions carried forward and a recovery in the private home market. Ismail Gafoor, CEO, PropNex shares his outlook for Singapore’s property sector for the rest of 2020 and some possible catalysts that are likely to drive the market. 

<p>Real estate agency PropNex announced that they posted S$8.2 million in net profit for the first quarter. And this was up from the S$2.3 million in the preceding year, boosted by property transactions carried forward and a recovery in the private home market. <strong>Ismail Gafoor, CEO, PropNex&nbsp;</strong>shares his outlook for Singapore&rsquo;s property sector for the rest of 2020 and some possible catalysts that are likely to drive the market.&nbsp;</p>

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