PropertyGuru
PropertyGuru is a property technology company that helps millions of property seekers across Singapore, Malaysia, Thailand, Indonesia, and Vietnam to find their dream home.
See below for the Latest PropertyGuru News, Analysis, Profit Results, Share Price Information, and Commentary.
PropertyGuru enters into definitive merger for USD 1.1 billion
Southeast Asia’s leading property technology company, today announced that it has entered into an agreement and plan of merger with affiliates of BPEA Private Equity Fund VIII Limited (“EQT Private Capital Asia”).
Singapore residential market stabilising: PropertyGuru
Demand for home listings fell 17% YoY.
Majority say home rents still too high: survey
Many said more can be done to keep rates from skyrocketing.
PropertyGuru rebounds with $1m net profit in 4Q23
In 4Q22, the proptech company posted a $5m net loss.
PropertyGuru lays off 79 employees
Affected employees will receive a severance package and extended medical insurance.
Will HDB resale prices continue to rise in 2024?
In 2023, resale prices rose by 4.9%.
Owner-occupiers to fuel private housing market in 2024, says expert
Singapore real estate is still seen as a resilient investment.
INSEAD taps PropertyGuru CEO as new board member
Hari V. Krishnan began his duties in INSEAD on 1 December.
Asking rents to drop more as supply increases and domestic demand eases: expert
Overall rental price index declined 2.5% QoQ in 3Q23.
Demand for residential properties falls 14.4% QoQ in 3Q23
Supply likewise dipped during the quarter.
PropertyGuru taps Singlife chair to lead its board of directors
Singlife’s Ray Ferguson will begin his role at PropertyGuru on 1 January 2024.
2023 to be a record-breaking year for million-dollar flat transactions – expert
As of 27 October, 369 million-dollar HDB flats have exchanged hands.
Are Singaporean investors coming to terms with rising property taxes?
Those planning to delay property purchase due to tax adjustments have declined to 24% in 2H23.
5 in 10 Singaporeans struggle to buy their first home
Singles are having the most difficulty.
PropertyGuru reports $6m net loss in 2Q23
The company recorded a net loss despite a 12% YoY increase in its revenue.
Asking prices for landed and non-landed seen to moderate: report
The price growth for these property types is slowing down.
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