PropNex (Cambodia) Co Ltd, a subsidiary of Singapore’s largest listed property company, held a “grand opening” in Phnom Penh on September 23 where it affirmed its vision to expand its agent network. around 150% to 1,000 by the end of next year.
Speaking at the event, PropNex Cambodia Managing Director Ann Thida said her company offers a variety of services, covering housing and commercial rental; land investments; and real estate appraisal, advice, research and management.
The company will also occasionally post real estate market updates to keep customers informed, she said.
The company aims to provide its staff with comprehensive training programs that build strong teamwork skills and improve professionalism, as it grows its sales force from 400 agents to target 1,000. 2023, she added.
Speaking at the same event, PropNex Cambodia President Alan Neo noted that his company entered the Kingdom in May 2021 at the height of the Covid-19 pandemic “because times like these seem open up new opportunities,” according to a statement released by the firm. .
“Cambodia is an emerging market and there is a lack of professionalism in many agencies… We provide comprehensive services, from project sales to land and investments to advisory services. Our goals and intentions for the future are to lead a world class of professionals.
“We want to help lead the next generation. We have set up training centers recognized by the Singapore government and introduced the Singapore IT system to Cambodia.
“Many more exciting things are coming and we hope you will stay and see it through with us. We will continue to choose the right partners, providing a full range of services with due diligence,” he said .
“We [believe] real estate goes [see] considerable progress in the near future.
The Ministry of Commerce’s company register shows that PropNex Cambodia was incorporated on July 16, 2021 and lists “Neo Ting Yuan” as chairman, with a postal address in Singapore.
According to the release, PropNex also has a presence in Singapore, Indonesia, Malaysia, Vietnam and Australia.