APAC Realty, MLN join forces to target wealthy Chinese property buyers

Jack Chua, executive director and CEO of APAC Realty.

Singapore-listed real estate brokerage APAC Realty, which operates under the ERA brand, on Wednesday (14 Mar) inked a partnership agreement with MLN Overseas (Singapore), a leading real estate company in China, to bring more wealthy Chinese buyers into Singapore, Bangkok and Kuala Lumpur.

In Singapore, APAC Realty will help to market new and resale residential projects as well as commercial units to MLN’s clients. After sales support will also be provided to help the buyers lease out or resell their units.

Established 15 years ago, MLN has 16 branches in China and in overseas markets such as Singapore, KL and Bangkok. To date, it has sold 1,600 units across the region to Chinese customers.  

Juliet Zhu, president and executive director of MLN, said: “We are also receiving more and more enquiries from Chinese property buyers about the properties in Singapore.”

“We are confident we can offer first-rate real estate services for the clients,” said Jack Chua, executive director and CEO of APAC Realty.

APAC Realty recently reported a 63 percent jump in net profit to S$25.9 million for the full year ended 31 December 2017.

 

Romesh Navaratnarajah, Senior Editor at PropertyGuru, wrote this story. To contact him about this or other stories, email romesh@propertyguru.com.sg

This post was originally posted on Property Guru Property Market News Section