Did PropertyGuru group buy iProperty Malaysia?
Southeast Asia PropTech firm PropertyGuru Group announced on Wednesday it has completed the acquisition of iProperty Malaysia and thinkofliving, following its initial announcement on 31 May 2021.
Why invest in PropertyGuru’s Southeast Asia Business?
The acquisitions, coupled with the group’s market leadership across the region’s five major markets, strongly position PropertyGuru to capture the significant opportunities in Southeast Asia, which is estimated to become the fourth-largest economy in the world by 2030.
What is PropertyGuru doing in Thailand?
In Thailand, PropertyGuru operates the No. 1 property marketplace under the brand DDproperty.com, and attracts over three million visits each month. Owen Wilson, Chief Executive Officer, REA Group, said, “We are excited about the opportunity to bring these great businesses together.
Why choose property guru&iProperty Guru?
PropertyGuru.com.my and iProperty.com.my are two rapidly growing and best-in-class property marketplaces in Malaysia. The two brands have unique and complementary audiences and the transaction will see both brands retained.