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.
Chart of the Day: Prices of property sale listings grew 0.7% in Q1
It rebounded close to the data from the third quarter (Q3) of 2022.
Chart of the Day: Prices of property sale listings grew 0.7% in Q1
It rebounded close to the data from the third quarter (Q3) of 2022.
Rental demand for HDB and private non-landed residential declines in Q2
PropertyGuru sees expatriates’ rental demand to be slower due to low expansion.
What boosted private home prices in 1Q23?
In 1Q, prices rose by 3.3%.
What pushed Singaporeans to delay home-buying plans?
PropertyGuru found that two in four Singaporeans are likely to delay plans to purchase a house.
Strict rules for flat applications allow fairness of public housing: analysts
HDB imposed stricter measures to those who fail to show up for flat appointments.
HDB resale prices won’t change: PropertyGuru
Demand of resale flats will be subdued as supply increases.
PropertyGuru cuts net loss to $7.4m in Q3
In Q321, the proptech company's net loss was $9.6m.
66% of young Singaporeans prefer renting to buying a property
They cite a lack of savings as a reason for not purchasing.
PropertyGuru bounces back to profit with $3.8m net income in Q2 22
This is compared to a net loss of $139.8m a year ago.
HDB resale flats prices up 2.43% QoQ in Q3: PropertyGuru
This marks the 16th straight quarter growth.
Price, demand for HDB rental assets decline for the first time in 3 years: PropertyGuru
Asking prices for HDB rental properties was at 0.95%.
Rental prices for private properties see sharp spike in Q2 as expatriates return
Prices rose by around 8% to 15% in Q2.
Selling prices for private properties grow by around 3%-5% in Q2
The strong takeup in new condo launches boosted prices during the quarter.
Private residential prices to increase up to 8% in 2022
Prices already rose at a faster pace in Q2, rising 3.5%.
CHART OF THE DAY: Prices for landed private property up by 7.15% in Q1
It grew to 129.44 on a quarterly basis.
Prices for HDB resale flats rose by 0.27% QoQ: PropertyGuru
This is the 15th straight quarter of price increases.
Property Guru lists on the NYSE
The group listed after it raised $345.1m with Bridgetown 2.
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Commentary
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