Ray Teo Advisory at PropNex

Also written Eminence Landed, PNG Ray Teo Advisory

By Nathan TangAgent group inside PNGLast checked 6 November 2026
Quick Summary

Ray Teo Advisory is a group of agents inside PropNex's PNG, led by Ray Teo, PropNex's chief trainer for landed homes, with a landed team called Eminence Landed. PropNex Picks reported in May 2022 that it had over 500 salespersons.

Agency
PropNex (inside PNG)
Founder
Ray Teo[1],[2]
Current head
Ray Teo, Advisory Associate Branch District Director[1],[2]
Size claimed
500+ salespersons (May 2022)[2]
Focus
Landed, High-net-worth buyers (Eminence Landed)
1

What is Ray Teo Advisory in PropNex?

Key takeaway

Ray Teo Advisory is a group of agent teams inside PNG, PropNex's group founded by Kelvin Fong, led by Ray Teo. It is not a separate agency: its agents are licensed under PropNex Realty, CEA licence L3008022J.

PropNex Picks called the group "PNG Ray Teo Advisory" in May 2022, placing it inside PNG. Its named part is Eminence Landed, which EdgeProp described in 2022 as a team Teo hand-picked from his group to serve high-net-worth buyers of landed homes, and in 2025 as a division at PropNex founded by him.[1],[2],[3]

Like every PropNex group, it has no licence or register entry of its own; CEA's register lists its agents under PropNex Realty, and its size is counted again in PNG's total.

2

How many agents does Ray Teo Advisory have?

Key takeaway

PropNex Picks reported in May 2022 that Ray Teo led over 500 salespersons, and EdgeProp put his group at about 500 in December 2022. No later count has been published.

Both figures date from 2022: over 500 salespersons in PropNex Picks' May profile, and about 500 agents in EdgeProp's December article. PropNex Picks also reported that Teo aimed to grow the team's strength by 20% that year. EdgeProp's 2025 article on Eminence Landed gave no size.[1],[2],[3]

These are the group's own counts, and they are counted again in PNG's total. CEA's register records the agency an agent is licensed with, not the group, so they cannot be checked against it.

WhenSize claimedWho said it
May 2022500+ salespersonsPropNex Picks says Ray Teo leads over 500 salespersons.[2]
Dec 2022about 500EdgeProp reports about 500 agents in the group, with Eminence Landed hand-picked from them.[1]

Sizes are the group's own claims. CEA's register records the agency an agent is licensed with, not the group, and divisions inside a group are counted again in its total.

3

Who founded Ray Teo Advisory?

Key takeaway

Ray Teo built the group over 17 years at PropNex by May 2022, PropNex Picks reported, which dates his joining to about 2005. He had more than 20 years in the trade, and started out in car sales.

PropNex Picks reported in May 2022 that Teo had been with PropNex for 17 years. 99.co reported later that year that he had started out in the car sales trade before property. Neither names an agency before PropNex.[2]

EdgeProp gave his CEA registration number, R010198F, in its December 2022 article. On CEA's register his name is Teo Pin Kee.[1]

4

Who leads Ray Teo Advisory today?

Key takeaway

Ray Teo leads it. EdgeProp gave his title as Advisory Associate Branch District Director in December 2022, and 99.co described him that year as PropNex's chief trainer for landed property.

Teo runs PropNex's training on landed homes, 99.co reported in September 2022, and has built a system for selling them that his salespersons use. EdgeProp's December 2022 article describes him as a trainer and team leader.[1]

Inside Eminence Landed, EdgeProp's May 2025 article named Val Lin as its top performer. A leader who mainly trains can show few deals of their own on CEA's record; Teo's are linked from his row above.[3]

  • Ray Teo[1],[2]Leads the group

    Advisory Associate Branch District Director, in 2022 · what this title means

    PropNex's chief trainer for landed homes (EdgeProp, Dec 2022).

    CEA profile R010198F · 6 deals on CEA's record. A leader's own count can be low, because the title reflects building a team.

5

How has Ray Teo Advisory grown?

Key takeaway

Ray Teo built the group over his years at PropNex from about 2005 to over 500 salespersons by 2022, PropNex Picks reported. EdgeProp reported that its sales grew more than 80% in 2021 over 2020.

The group's dated record is from 2022: PropNex Picks in May, 99.co in September and EdgeProp in December. EdgeProp reported that the group's sales in 2021 were more than 80% above 2020's. The timeline below gives each event with who reported it.[1],[2]

Teo's focus on landed homes shapes the group. He told 99.co in 2022 that landed prices had risen far less than high-rise prices since 2000, and that landed homes needed their own expertise. Those are his views as reported.

  1. About 2005

    Ray Teo joins PropNex, by PropNex Picks' count in 2022 of 17 years with the firm.[2]

  2. 2021

    Teo receives PropNex's Meritorious Award, one of two that year; EdgeProp reports the group's 2021 sales were more than 80% above 2020's.[1],[2]

  3. May 2022

    PropNex Picks says Ray Teo leads over 500 salespersons.[2]

  4. Dec 2022

    EdgeProp reports about 500 agents in the group, with Eminence Landed hand-picked from them.[1]

  5. May 2025

    EdgeProp describes Eminence Landed as a division at PropNex Realty founded by Ray Teo, with Val Lin its top performer.[3]

6

What has Ray Teo Advisory won?

Key takeaway

Ray Teo received PropNex's Meritorious Award in 2021, which PropNex Picks called its highest recognition for leadership and contribution. EdgeProp reported he was often among the top five for PropNex's Top Advisory Associate Branch District Director award.

PropNex Picks reported in 2022 that Teo was one of two recipients of PropNex's Meritorious Award for 2021, and quoted him saying it belonged to every member of PNG Ray Teo Advisory. EdgeProp reported that he had often been in the top five for PropNex's Top Advisory Associate Branch District Director award.[1],[2]

These are awards PropNex gives its own agents, not independent rankings. To compare individual agents, use their CEA-recorded deals, linked from the leaders section.

AwardYearGiven byToWhere it was reported
PropNex Meritorious Award2021PropNexRay TeoPropNex Picks, May 2022; EdgeProp, Dec 2022[1],[2]
7

Who has joined or left Ray Teo Advisory?

Key takeaway

PropKaki has found no report of a leader or team joining or leaving Ray Teo Advisory. The group has been at PropNex, inside PNG, for as long as it has been reported on.

The sources read describe Teo's whole career at PropNex since about 2005 and name no earlier agency or later move. Eminence Landed was formed from within the group.[1],[2]

If a leader or team is reported joining or leaving the group, it will be added here, dated and sourced.

8

How do you join Ray Teo Advisory?

Key takeaway

Agents join by joining PropNex through Ray Teo or one of his team leaders. Eminence Landed is by selection: EdgeProp reported in 2022 that Teo hand-picked its members from the wider group.

Teo trains his salespersons in his landed homes system and runs classes for new salespersons, 99.co and EdgeProp reported in 2022. Eminence Landed's members are chosen from the group rather than recruited to it.[1]

Commission splits are set by PropNex, not by the group. PropNex's 2018 prospectus says salespersons generally keep 70% to 90% of the commission on a completed deal, and that one who leaves their team can rejoin PropNex only after 12 months.[4]

Eminence Landed's members are hand-picked from Ray Teo's wider group, EdgeProp reported in December 2022.[1]

Before you join any group, read what to ask when joining a property agency, and check the leader's own record on their CEA profile.

9

How does Ray Teo Advisory compare with other PropNex groups?

Key takeaway

Ray Teo Advisory's over 500 (May 2022) is larger than PropNex's Luxury Team's about 300 (October 2019), another group serving the top of the market. The figures are each group's own count, made in different years, so they do not rank the groups.

Several PropNex groups specialise in high-end homes: the Luxury Team, headed by Dominic Lee, and JNA Real Estate's Steward Asia, which handles good class bungalows. Their sizes were given in different years, so the list below sets them side by side with their dates.[5],[6]

CEA's records compare agents and agencies, not groups. Each leader's CEA-recorded deals are linked from their group's page.

GroupAgencySize claimedFocus
The Luxury TeamPropNexAbout 300 (Oct 2019, EdgeProp)[5]Luxury homes
JNA Real EstatePropNex335+ (2026, Real Estate Asia)[6]New launches, resale, GCBs
Jason Tan AdvisoryPropNex1,000+ (Mar 2025, EdgeProp)[7]—
10

Common questions about Ray Teo Advisory

What is Eminence Landed?

Eminence Landed is a team inside Ray Teo Advisory at PropNex, hand-picked by Ray Teo to serve high-net-worth buyers of landed homes, EdgeProp reported. EdgeProp described it in 2025 as a division at PropNex founded by him.

Is Ray Teo Advisory part of PNG?

Yes. PropNex Picks called it "PNG Ray Teo Advisory" in May 2022, when it reported that Ray Teo led over 500 salespersons.

11

Where do these facts come from?

Key takeaway

7 dated sources, each re-read by PropKaki. Last checked 6 November 2026.

  1. [1]EdgeProp (via Yahoo Finance), Property agent finds strength in adversity, solves problems with a moral compass, 12 Dec 2022. Checked 6 November 2026.
  2. [2]PropNex Picks, Bringing Happiness to Clients by Putting Their Interests Above Self, 25 May 2022. Checked 6 November 2026.
  3. [3]EdgeProp, Val Lin: award-winning top landed agent wins clients with unflappable poise and bespoke service, 23 May 2025. Checked 6 November 2026.
  4. [4]PropNex Limited, IPO prospectus, dated 25 June 2018, 25 Jun 2018. Checked 6 November 2026.
  5. [5]EdgeProp, PropNex's efforts to engage consumers and developers pay off, 25 Oct 2019. Checked 6 November 2026.
  6. [6]Real Estate Asia, Singapore's most notable real estate agents under 40 of 2026, 2026. Checked 6 November 2026.
  7. [7]EdgeProp, PropNex marks 25th anniversary with logo rebrand, new leadership appointments, 10 Mar 2025. Checked 6 November 2026.
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