Thanks to a pick up in new private home sales, Apac Realty has reported earnings of $9.3 million for its 2HFY2025, up 20.6% y-o-y. This brings its earnings for the full year ended Dec 2025 to $20.6 million, a jump of 184.9% over the preceding FY2024.
Revenue for 2HFY2025 was up 12.9% y-o-y to $334.1 million, and up 20.4% to $675.6 million for the whole of FY2025.
The company plans to pay total FY2025 dividends of 4.05 cents per share, adjusted for bonus issue. This payout represents a yield of 6.3% and a payout ratio of 78.2%.
Marcus Chu, CEO of Apac Realty, says the property market in 2025 proved more resilient than many expected.
"With strong take-up across key launches, we saw renewed confidence among homebuyers, particularly in the new private residential segment.
"While price growth moderated amid increased supply, transaction volumes remained firm. Looking ahead, underlying demand fundamentals remain intact," says Chu, who expects transaction activity in 2026 to stay healthy.
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As at Dec 31 2025, there were 16,193 unsold private residential units (including ECs) with planning approval.
In addition, there is a potential supply of 16,940 units (including ECs) from Government Land Sales sites that have yet to receive planning approval, says Apac Realty.
The agency expects new home sales this year to range between 9,000 and 10,000 units, while private residential resale transactions are expected to range between 13,000 and 14,000 units.
Apac Realty shares closed at 67 cents on Feb 23, up 3.91% for the day.
