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APAC Realty posts higher real estate brokerage fees from new launches in 2025
By Atiqah Mokhtar | February 24, 2026

ERA APAC Centre (Picture: Samuel Isaac Chua/EdgeProp Singapore)

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Property agency ERA Singapore saw brisk business in the new private housing market in 2025, with the company appointed as a marketing agent for 27 new launches last year, comprising 12,773 units.

The healthy roster of launches bolstered new private home sales in 2025, with developers selling 12,445 units, including executive condos (ECs), representing a 61.7% jump y-o-y. The significant increase contributed to ERA logging higher brokerage fees last year, which make up the bulk of parent company APAC Realty’s revenue stream.

In its financial results for FY2025 ended Dec 31, 2025, APAC Realty reported a 20.5% y-o-y increase in revenue from real estate brokerage fees and related fees to $672.7 million, supported by a 113.3% surge in new home sales to $230.2 million. This also helped offset a marginal decline in revenue from resale and rental transactions, which fell 1.6% y-o-y to $437.8 million.

Read also: The Fire Horse cycle: Singapore’s economic and property story, 1966–2026

“The property market proved more resilient than many expected in 2025,” says Marcus Chu, CEO of APAC Realty, in a Feb 23 announcement. Renewed confidence among homebuyers resulted in firm transaction volumes, even as price growth moderated amid increased supply, he adds.



Chu expects transaction activity to stay healthy in 2026. ERA is forecasting new home sales to range between 9,000 and 10,000 units this year, supported by a pipeline of 23 launches with over 11,800 units. The company also points out that as of Dec 31, 2025, there were 16,193 unsold private residential units (including ECs) with planning approval, while an additional potential supply of 16,940 units from Government Land Sale sites that have yet to receive planning approval.

As of Jan 1, ERA Singapore had 8,427 salespersons, making it the second-largest property agency by number of agents after PropNex Realty, which had 13,945 salespersons.

Outside of Singapore, APAC Realty, which holds the regional master franchise rights for ERA, continued to expand the brand in FY2025, venturing into Hong Kong through a franchise agreement with Hong Kong Morning Dragon Company. In Indonesia, the group expanded its footprint with the acquisitions of ERA Sky and ERA Fajar.

APAC Realty reported earnings of $20.6 million for its FY2025, surging 185% from the $9.3 million recorded in FY2024. Pursuant to a proposed final dividend of 1.8 cents per share for FY2025, the group’s total dividend payout for the year is 4.05 cents, representing a dividend yield of 6.3%.

APAC Realty’s network currently spans over 21,900 advisors across 14 Asia Pacific countries and territories.

Read also: APAC Realty expands ERA franchise into Hong Kong


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