PropertyGuru Group is pleased to announce our Q4 and Full Year 2023 financial results. Our revenue was up 11% to S$150 million and Adjusted EBITDA was S$19 million, reflecting a 13% margin. The results demonstrate our strong execution, agility to navigate a challenging macro-economic environment and our commitment to profitability. Sharing his thoughts, Hari V Krishnan, Chief Executive Officer and Managing Director, said “We achieved these results by being laser-focused on our identified priorities and investments. We will continue to develop the markets we serve, driving growth through innovation, automation, and improved productivity. While we anticipate ongoing macro challenges, our blueprint for success remains clear – deliver outstanding customer experiences powered by technology and data while being early adopters of transformational technologies such as Generative AI. We remain confident about the long-term prospects for economic growth and stability in Southeast Asia and our vision where we power communities to live, work, and thrive in tomorrow’s cities.” Read more here: https://lnkd.in/gtnUqqBh #PGRU #CreateWhatsNext
PropertyGuru Group
Software Development
We power communities to live, work and thrive in tomorrow’s cities.
About us
PropertyGuru Group (NYSE:PGRU) is Asia’s leading online property company and the preferred destination for over 34 million property seekers to find their dream home, every month. The Group empowers property seekers with the widest options of more than 2.8 million homes, in-depth insights and solutions that enable them to make confident property decision across Singapore, Malaysia, Thailand, Indonesia and Vietnam. PropertyGuru.com.sg was launched in Singapore in 2007 and since then, PropertyGuru Group has made the property journey a transparent one for property seekers in Southeast Asia. In the last 16 years, PropertyGuru has grown into a high-growth PropTech company with a robust portfolio including leading property marketplaces and award-winning mobile apps across its core markets; mortgage marketplace, PropertyGuru Finance; home services platform, Sendhelper; a host of proprietary enterprise solutions under PropertyGuru For Business including DataSense, ValueNet, Awards, events and publications across Asia. PropertyGuru Pte. Ltd. (Company Registration No. 200615063H); Contact us - https://www.propertygurugroup.com/contact-us/
- Website
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https://www.propertygurugroup.com/
External link for PropertyGuru Group
- Industry
- Software Development
- Company size
- 1,001-5,000 employees
- Headquarters
- Singapore
- Type
- Public Company
- Specialties
- Real Estate Portal, Asia Property Expert, Property Portal, Technology, digital , Proptech , Internet, Singapore, Malaysia, Thailand, PropertyGuru.com.sg, PropertyGuru.com.my, DDproperty.com, Southeast Asia, Asia Property Awards, Singapore Property Awards, Malaysia Property Awards, Indonesia Property Awards, and Thailand Property Awards
Locations
Employees at PropertyGuru Group
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Rachna Bhasin
Founder EQ Partners, Sr Advisor Alignment Growth, Co-founder Pacifica Investments // Board Director - Ryman Hospitality, Shutterstock, PropertyGuru…
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Steve Melhuish
Founder, PropertyGuru I Sustainability Advocate & Investor
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Ilya Komandin
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Hari V Krishnan
Culture steward | Sustainability champion
Updates
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Our CEO & Managing Director, Hari V Krishnan recently joined Sameer Hasija, Dean of Executive Education and Dean of Asia Campus, INSEAD, to discuss how the cities of tomorrow will look like and how deliberate action is essential to build sustainable solutions for these cities. Listen to the podcast here: https://lnkd.in/gUVXRbRA #WeAreGurus #CreateWhatsNext
It's here - the INSEAD #CEO Series! Watch as our Dean of Executive Education and Dean of Asia Campus Sameer Hasija, speaks with visionary leaders on topics from impact of future cities, to leading with deliberate actions, to building sustainable economies. Our first guest is Hari V Krishnan MBA'05D, CEO and Managing Director of PropertyGuru Group (and member of our Board of Directors). Sameer and Hari discuss the evolution of the real estate sector, what cities of the future would look like, and how this will influence organisations of the future. Watch the conversation on the INSEAD Learning Hub: https://lnkd.in/g3xBacNt *This conversation was recorded at the Learning Innovation Studio (Asia Campus) #inseadmoments #leadership #knowledge #realestate #businesseducation
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Ever wondered what Hari V Krishnan's morning ritual is and what has been his biggest challenge in the past year? You can find out more in his interview with Mike DelPrete on his podcast, “Context with Mike DelPrete” as he also shares how Asia’s diversity, across its talent and technology, is advancing the region’s real estate sector globally. #CreateWhatsNext
Since I insist on recording in person, most of my podcast guests are from the U.S. But this week I had my friend Hari V Krishnan, CEO of PropertyGuru Group, all the way from Singapore! Hari and I chatted about the demographics of emerging markets, an emerging middle class fueling housing growth, the benefits and challenges of operating in multiple markets, building trust and transparency, SE Asia's data opportunity, responding to AI's existential threat to property portals, the business case for staying calm, Vietnam's optimistic energy, and the power of industry connections. A really fun chat! Give it a listen here: Apple: https://lnkd.in/gye8vm_G Spotify: https://lnkd.in/g9ZM9AYQ
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The KL20 Summit 2024 is a significant step from the Malaysian government to highlight its commitment to attract talent, companies and investments; and supporting local entrepreneurs with access to global opportunities. We are excited to have Shyn Yee Ho-Strangas 何勋谊 represent PropertyGuru Group, as she highlights the importance of relevant data and insights in smart cities development; and the importance of public and private sectors partnerships in advancing the vision. #CreateWhatsNext
Managing Director, Data and Software Solutions at PropertyGuru Group. Board Member. Technology | Sustainability | Community
Thank you KL20 Summit for inviting me and PropertyGuru Group to speak at the inaugural summit held at the Kuala Lumpur Convention Centre. Under the adept moderation of Damien Bruce, Senior Partner at McKinsey & Company, my fellow panelists and I discussed the Evolution of #SmartCities. What makes a city "smart"? 💡 The first thing that most of us think about is "#technology". We think of hardware that records and tracks movement, we think of energy tracking and optimisation, we think of digital twins. Technology is actually just the #enabler. More importantly, it's about how we can leverage on #data and #technology to develop economically, socially and environmentally #sustainable cities; thus shaping the way we live, work and thrive today and tomorrow. There is definitely a growing attention on how #AI will disrupt the way we live and work, which inevitably will influence how tomorrow's cities need to be designed. Digital twin technologies are deployed for scenario modelling, future #climaterisks e.g. rising sea levels, #extremeheat, #flashfloods etc are predicted using AI predictive models to ensure that we are making decisions today that are right for the future. We developed a proprietary PropertyGuru #Liveability Score that studies multiple parameters into what makes a project or a neighbourhood liveable. #GenerativeAI will accelerate change and transformation - we will be able to run more scenarios within a shorter period of time, and experiment faster, which means solving problems quicker. That also means that the pace of change around us will be quickening, thus putting stronger pressures on the #builtenvironment such as public infrastructure, transportation, flexible spaces etc. At PropertyGuru Group - we power communities to live, work and thrive in tomorrow's cities. This drives my team and I everyday - the singular mission to empower businesses with #data and #insights to make more informed and confident decisions. Big shout out to my fellow panelists as well! You made it so enjoyable today! Ts. Mahadhir Aziz, PMP, CEO of Malaysia Digital Economy Corporation (MDEC) Amor Maclang, Convenor of Digital Pilipinas and International Digital Economy Association (iDEA) Jackie Yang, Co-Founder and Managing Director of Translink Capital #DataSense by PropertyGuru For Business: https://lnkd.in/gyVZZnVB #proptech #SoutheastAsia
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PropertyGuru Group is delighted to welcome Kenneth Soh as the Country Manager for Malaysia. Kenneth will be leading Malaysia operations for the Group including the two Marketplaces - PropertyGuru Malaysia and iProperty. His strong background in growing e-commerce business will be instrumental in fuelling growth and guiding the Malaysian property sector to make confident decisions. Join us in extending a warm welcome to Kenneth as he embarks on this exciting journey with us. Read more here: https://lnkd.in/gxZ7VbTp
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We're thrilled to launch our 12-week Summer Internship Program at PropertyGuru Group, designed to empower emerging talent with global experiences, #growthmindset and deliver real-life business impact. We'll be bringing together a diverse cohort from 4 countries (Malaysia, Singapore, Thailand & Vietnam), collaborating across borders on cutting-edge projects to drive tangible results. This competitive program offers a unique, transformational opportunity to learn, make a difference, and gain valuable experience and insights to propel your career forward. #Internship #BusinessImpact #WeAreGurus Program details and application links here: https://lnkd.in/gmfEesWU
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Jeremy Williams, Managing Director, Marketplaces at PropertyGuru Group recently shared with MONEY FM 89.3 his experience of growing up in multiple countries and how it shaped his understanding of 'home'. His journey enables him to appreciate the unique needs of property seekers in each of PropertyGuru's Southeast Asian markets and fuels his passion to match people to their dream homes. Listen here: https://lnkd.in/gekbSb3Q #WeAreGurus #CreateWhatsNext
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Hari V Krishnan recently shared his experience with Tigerhall, on his partnership with our Board of Directors, and how the Board’s expertise has supported his vision and strategy in advancing PropertyGuru Group. #CreateWhatsNext
Reporting to a Boss vs. A Board
tigerhall.com
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In the latest PropertyGuru Singapore Consumer Sentiment Study H1 2024, over half of Singaporeans believe Plus and Prime flat restrictions will keep HDB prices in property hotspots affordable. Despite the projected deceleration in the Singapore rental market, the majority of renters (85%) agree that the current rental prices are too high. At the same time, more renters have resorted to cutting down on their spending to afford the increasing rental prices, as much as 37% in our latest study. Check out the key insights from the PropertyGuru Singapore Consumer Sentiment Study H1 2024. Nai Jia Lee Tee Khoon Tan #SeeYouHome
Singapore Consumer Sentiment Study H1 2024
propertyguru.com.sg
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HRM Asia recently highlighted Women leaders from diverse industries across healthcare, finance, media and tech in their IWD 2024 coverage. We are proud to have our very own Shyn Yee Ho-Strangas 何勋谊 featured in this series as she spotlighted the importance of leadership in implementing impact and advancement with inclusivity. Her passion for social causes; specifically, gender equality advocacy work has not only inspired the organisation, but it has also established her as a role model for allyship. #PropertyGuru #WeAreGurus #InspireInclusion
Shyn Yee Ho-Strangas 何勋谊, Managing Director, Data and Software Solutions (DSS), PropertyGuru Group, discusses why #inclusivity must include leadership, and how they work hand in hand. #IWD2024 #InternationalWomensDay
#IWD2024: Inclusivity in the workplace as exemplified by leaders | HRM Asia
https://hrmasia.com