PropNex launches business operations in Vietnam

/ EdgeProp
August 15, 2018 10:12 PM SGT
Singapore property broker PropNex has expanded its business operations to Vietnam, the company has announced.
The move to launch its business operations in Vietnam was fuelled by the country’s “growing economy and positive forecast of the real estate market”, says Ismail Gafoor, executive chairman and CEO of PropNex. PropNex Vietnam occupies 2,637 sq ft of office space at Twins Tower in District 1 of Ho Chi Minh City, and employs over 80 salespersons.
For the Vietnamese business, the company is working with its franchise partners, Aidan Wee, Vo Dinh Khanh Duy (Tino) and John Lee. Wee is also executive director of PropNex Vietnam.
Singapore is PropNex’s largest base with 7,454 salespersons. PropNex also has 800 salespersons across 18 offices in Indonesia, as well as 100 salespersons in Malaysia.