PropNex Realty has inked a collaboration agreement with Global Alliance Property (GAP) to strengthen its position as the largest real estate agency in Singapore. Under the agreement, GAP’s 400 salespersons will be transferred to PropNex.

GAP, a wholly-owned indirect subsidiary of China Real Estate Group (CREG), operates under the Century 21 franchise. With this collaboration, GAP will discontinue its real estate agency business while CREG will continue to focus on real estate development in China.

The transferred salespersons from GAP will have access to PropNex's  training programmes, signature bootcamps, as well as IT and backroom support.

“With a wider network of salespersons, we are ready to add greater value to property developers in their outreach to consumers, be it in the luxury segments, mid-tier or executive condominiums,” says Ismail Gafoor, PropNex Realty’s CEO.