The Luxury Team at PropNex

Also written PropNex Lux Team, Lux Team, Luxury Team

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

The Luxury Team is PropNex's team for high-end homes, headed by Dominic Lee, who says he founded it in 2015. EdgeProp reported in October 2019 that it had about 300 agents, with a target of 500.

Agency
PropNex
Founded
2015[1],[2]
Founder
Dominic Lee[1],[2]
Current head
Dominic Lee, Head of Investment Sales, PropNex[1],[2]
Size claimed
about 300 agents (Oct 2019)[3]
Focus
Luxury homes, Developers' launches, Investment sales (from 2025)
1

What is The Luxury Team in PropNex?

Key takeaway

The Luxury Team is a team of PropNex agents who sell high-end homes, headed by Dominic Lee. It is not a separate agency: its agents are licensed under PropNex Realty, CEA licence L3008022J.

Most PropNex groups are named after the leader who recruited them. The Luxury Team is named for what it sells: high-end homes, and developers' launches of them. Dominic Lee's website says he founded it at PropNex in 2015 and has since led the marketing and launch of more than 80 high-end developments.[1]

PropNex said in March 2025 that Lee had headed the Luxury Team for the past decade, and appointed him Head of Investment Sales as well. Like every PropNex group, the team has no licence of its own; CEA's register lists its agents under PropNex Realty.[2]

2

How many agents does The Luxury Team have?

Key takeaway

EdgeProp reported in October 2019 that PropNex's Luxury Team had about 300 agents and aimed to reach 500. PropKaki has found no later published count.

The 2019 figure appeared in EdgeProp's report on PropNex's work with consumers and developers, which gave the Luxury Team as about 300 agents with a target of 500. The report did not name Lee; PropNex's 2025 release and Lee's website, which date his leadership of the team to 2015, tie it to him.[1],[2],[3]

Neither PropNex's March 2025 release nor Lee's website gives a current headcount. The 2019 figure is PropNex's own count of the team; CEA's register records the agency, not the team, so it cannot be checked against it.[2]

WhenSize claimedWho said it
Oct 2019about 300 agentsEdgeProp reports PropNex's Luxury Team has about 300 agents, with a target of 500.[3]

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 The Luxury Team?

Key takeaway

Dominic Lee says on his website that he founded the Luxury Team at PropNex in 2015. PropNex said in March 2025 that he had been with PropNex since 2006 and had more than 24 years in the trade.

Lee's website dates the team's founding to 2015, and PropNex's March 2025 release, which says he had headed the team for the past decade, agrees. The release dates his time at PropNex from 2006 and gives him more than 24 years in real estate; it does not name his earlier agency.[1],[2]

His CEA registration number, R010497G, is printed on his website. On CEA's register his name is Dominic Lee Kien Yong.[1]

4

Who leads The Luxury Team today?

Key takeaway

Dominic Lee heads the Luxury Team and, since 10 March 2025, is also PropNex's Head of Investment Sales, PropNex announced. His website calls him Head of Luxury Team and Head of Investment Sales.

PropNex made Lee Head of Investment Sales at its 25th-anniversary sales summit on 10 March 2025, alongside Jason Tan as Chief Strategy Officer, EdgeProp reported. His website shows him keeping the Luxury Team as well.[1],[2],[4]

No other leader of the team is named in the sources read. Lee's deals on CEA's record are linked from his row above; a leader who works mainly on developers' launches and team management can show few deals of their own.[1]

5

How has The Luxury Team grown?

Key takeaway

By PropNex's and Lee's accounts, the Luxury Team began in 2015, had about 300 agents by October 2019, and has marketed more than 80 high-end developments. Its head took on PropNex's investment sales in March 2025.

Three dated points mark the team's history: its founding in 2015, by Lee's account; EdgeProp's report of about 300 agents in October 2019, when PropNex was working more closely with developers; and Lee's appointment as Head of Investment Sales in March 2025. The timeline below gives each with who reported it.[1],[2],[3]

Lee's website says the team has led the marketing and launch of more than 80 high-end developments. It does not list them or date them.[1]

  1. 2006

    Dominic Lee joins PropNex, according to PropNex's March 2025 release.[2]

  2. 2015

    Lee founds the Luxury Team at PropNex, his website says; PropNex said in 2025 he had headed it for the past decade.[1],[2]

  3. Oct 2019

    EdgeProp reports PropNex's Luxury Team has about 300 agents, with a target of 500.[3]

  4. 10 Mar 2025

    PropNex appoints Lee its Head of Investment Sales at its 25th-anniversary sales summit.[2],[4]

6

What has The Luxury Team won?

Key takeaway

Dominic Lee's website says he won PropNex's Millionaire award nine times in a row, from 2017 to 2025. PropKaki has found no dated award to the team itself.

The award on record is Lee's own: PropNex's Millionaire title, for S$1 million of commission in a year, every year from 2017 to 2025, as his website lists it. The site also carries the headline "Singapore's Most Innovative Leader In Luxury Property Investment", without saying who gave it.[1]

These are awards PropNex gives its own agents, not independent rankings. If a dated award for the team is published, it will be added here.

AwardYearGiven byToWhere it was reported
PropNex Millionaire2017 to 2025PropNexDominic LeeHis website[1]
7

Who has joined or left The Luxury Team?

Key takeaway

PropKaki has found no report of a leader or team joining or leaving the Luxury Team. The move on record is its head's: Dominic Lee taking on PropNex's investment sales in March 2025 while keeping the team.

PropNex's March 2025 release added Head of Investment Sales to Lee's role; his website shows him heading both. No source names a successor at the Luxury Team.[1],[2]

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

8

How do you join The Luxury Team?

Key takeaway

The sources read do not describe how agents join the Luxury Team. As with every PropNex team, an agent joins PropNex through a leader; Lee's website is the team's public contact point.

A PropNex agent's team is decided by the leader who recruits them. Lee's website describes the team's work on high-end launches but not its recruiting.[1]

Commission splits are set by PropNex, not by the team. 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.[6]

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 The Luxury Team compare with other PropNex groups?

Key takeaway

The Luxury Team's about 300 (October 2019) is close in size to PropNex groups such as AaronWanDivision (280, January 2022) and JNA Real Estate (335+, 2026), which also serve high-end buyers. The figures are each group's own count, so they do not rank the groups.

Several PropNex groups specialise in the top of the market. JNA Real Estate runs a good class bungalow and shophouse arm, Steward Asia, Real Estate Asia reported in 2026, and Ray Teo Advisory has Eminence Landed for high-net-worth landed buyers.[5],[7]

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

GroupAgencySize claimedFocus
Ray Teo AdvisoryPropNex500+ (May 2022, PropNex Picks)[8]Landed, high-net-worth
JNA Real EstatePropNex335+ (2026, Real Estate Asia)[7]New launches, resale, GCBs
AaronWanDivisionPropNex280 (Jan 2022, The Edge)[9]—
10

Common questions about The Luxury Team

Who heads PropNex's Luxury Team?

Dominic Lee, who says he founded it in 2015. PropNex also made him Head of Investment Sales on 10 March 2025.

How big is PropNex's Luxury Team?

EdgeProp reported in October 2019 that it had about 300 agents, with a target of 500. PropKaki has found no later count.

How many agents are in PropNex?

PropNex has 14,862 agents on CEA's register, by PropKaki's count from CEA's public records. CEA records the agency an agent is licensed with, not the group, so The Luxury Team's share of them is not on record.

11

Where do these facts come from?

Key takeaway

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

  1. [1]dominiclee.com.sg, About Dominic Lee, Undated (read Nov 2026). Checked 6 November 2026.
  2. [2]PropNex, PropNex Unveils a Bold New Brand Identity and Appoints Key Strategic Leaders; Launches New Property Investment Book, 10 Mar 2025. Checked 6 November 2026.
  3. [3]EdgeProp, PropNex's efforts to engage consumers and developers pay off, 25 Oct 2019. Checked 6 November 2026.
  4. [4]EdgeProp, PropNex marks 25th anniversary with logo rebrand, new leadership appointments, 10 Mar 2025. Checked 6 November 2026.
  5. [5]EdgeProp (via Yahoo Finance), Property agent finds strength in adversity, solves problems with a moral compass, 12 Dec 2022. Checked 6 November 2026.
  6. [6]PropNex Limited, IPO prospectus, dated 25 June 2018, 25 Jun 2018. Checked 6 November 2026.
  7. [7]Real Estate Asia, Singapore's most notable real estate agents under 40 of 2026, 2026. Checked 6 November 2026.
  8. [8]PropNex Picks, Bringing Happiness to Clients by Putting Their Interests Above Self, 25 May 2022. Checked 6 November 2026.
  9. [9]EdgeProp (via Yahoo Finance), Wan ways to growing careers in real estate, 6 Jan 2022. Checked 6 November 2026.
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