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Property

PropertyGuru appoints Yao Lu as new Singapore managing director

Lewis Ng, who took over as chief executive officer of PropertyGuru in March, says Malaysia's property market is "vibrant," while tariff uncertainties concerning Vietnam haven't doused interest in real estate there.
Companies & Markets

PropertyGuru says business has logged double-digit per cent growth in a year

From left: Lau Xin Yuan, co-founder and finance director; Marine Novita, co-founder and president director; and Winston Lee, co-founder and chief executive officer of MilikiRumah.
ASEAN Business

MilikiRumah eyes US$50 million fund to expand rent-to-own Indon programme

PropertyGuru has axed 174 employees after being taken private by EQT Capital.
Startups & Tech

PropertyGuru axes 174 employees, shuts 3 business units

PropertyGuru chief executive and managing director Hari Krishnan will be stepping down after a decade in his role as CEO.
Companies & Markets

PropertyGuru CEO Hari Krishnan steps down

The Competition & Consumer Commission of Singapore clears EQT's proposed takeover of PropertyGuru
Companies & Markets

Singapore competition watchdog clears EQT’s takeover of PropertyGuru

Revenue for the second quarter was up 10.3 per cent amid higher contributions from its marketplaces segment.
Companies & Markets

PropertyGuru sinks deeper into the red with S$16.1 million Q2 loss

The EQT offer seems to be a reasonable one, with the implied price-to-sales multiple being in the middle of other publicly listed property portals.
Tech in AsiaCompanies & Markets
COMMENTARY

Is PropertyGuru’s delisting good for South-east Asia’s tech scene?

Private equity-controlled boards are more hands-on, tend to have highly relevant expertise and are both bolder and more innovative.
Opinion & Features
THINKING ALOUD

Here’s what private equity may be getting right

The transaction is expected to be completed in the last quarter of 2024 or first quarter of 2025.
Property

NY-listed PropertyGuru to be delisted in US$1.1 billion acquisition by EQT Private Capital Asia

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MDDI (P) 046/10/2024. Published by SPH Media Limited, Co. Regn. No. 202120748H. Copyright © 2025 SPH Media Limited. All rights reserved.

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