APAC Realty Limited has reported a profit after tax of S$9.4m for the first half of 2026, despite a challenging market environment marked by reduced transaction volumes. The company, which saw its revenue dip to S$329.3m, attributed the decline to lower sales in new private residential and HDB resale markets. In response, APAC Realty has proposed a special dividend, bringing the total payout to 5.5 Singapore cents per share.
The company’s revenue from new home sales fell by 11% to S$116.8m, whilst other revenue sources decreased by 13% due to lower interest income. However, a slight increase in resale and rental transactions provided some relief. CEO Marcus Chu noted, “Market conditions remained mixed in the first half of 2026,” but expressed optimism for the latter half of the year, citing a healthy pipeline of new launches.
APAC Realty’s financial stability is underscored by a cash balance of S$53.1m and positive operating cash flows of S$12.3m. The Board of Directors has recommended the special dividend to acknowledge shareholder support and participation in the company’s growth.
Looking ahead, APAC Realty anticipates stronger market activity in the second half of 2026, driven by resilient buyer demand and new project launches. The company remains committed to enhancing its digital ecosystem and expanding its regional presence, particularly in ASEAN markets.
