PropTech

Singapore’s ZUZU Hospitality raises $9M in oversubscribed Series B round led by SoftBank Ventures Asia

ZUZU Hospitality Solutions Pte. Ltd., a Singapore-based revenue platform provider for independent hotels, has on Thursday announced the successful completion of an oversubscribed $9 million Series B round led by SoftBank Ventures Asia.

PropertyGuru first quarter revenue climbs 16 percent to $24.5M

PropertyGuru Group Limited, a Singapore-based property technology company, has on Tuesday announced its revenue rose 16 percent year on year to SGD 33 million ($24.5 million) in the first quarter of 2023.

Malaysian PropTech firm LiveIn acquires property management firm KT Management

Malaysian PropTech firm LiveIn said Monday it has acquired a Malaysia-based property management firm KT Management. This merger makes LiveIn the market leader in the space and will provide KT Management’s thousands of tenants, LiveIn’s flexible community living solutions and a better online to offline (O2O) experience.

Hong Kong’s ESR expands into Thailand, investing $235M to develop two logistics and industrial parks

Hong Kong-based real asset manager powered by the new economy ESR Group Limited, together with its subsidiaries, has on Wednesday announced its expansion into Thailand, with the opening of its Thailand office. The firm is currently developing two logistics and industrial parks in Thailand, representing a capital investment of THB 8 billion ($235 million).

Indonesia’s Travelio raises an undisclosed Series C funding led by a large Korean financial group

Indonesia-based home rental startup Travelio has raised an undisclosed Series C funding round led by a large Korean financial group.

Singapore’s PropTech firm Ohmyhome debuts on NASDAQ

Ohmyhome Limited, a data-driven property technology company based in Singapore, has announced the pricing of its initial public offering of 3.78 million ordinary shares at a price of $4.00 per share.

MOGUL.sg unveils new online platform for homeowners

Singapore's property portal MOGUL.sg has on Tuesday unveiled its new online platform where homeowners can sell their property at 0 percent sales commission, a first in Southeast-Asia’s bustling real estate scene.

PropertyGuru revenues grow 17 pct on-year in 4Q

Singapore-based property technology company PropertyGuru has on Wednesday announced that its revenue for the fourth quarter ended December 31, 2022, rose 17 percent year over year to S$40 million ($30 million), underpinned by businesses in Singapore and Malaysia.

Singapore’s Casa Mia Coliving secures $1.3M strategic seed funding to accelerate expansion

Singapore-headquartered Casa Mia Coliving has on Thursday announced the successful completion of its seed round financing, raising $1.3 million from real estate and private equity veterans.

FLOW and ALLHC launch new Philippine data center platform A-FLOW

Philippines digital infrastructure developer FLOW Digital Infrastructure (FLOW) and industrial parks developer AyalaLand Logistics Holdings Corp. (ALLHC) have on Wednesday broke ground on the land development of its first joint data center campus located in Laguna, Philippines, following the launch of A-FLOW, the joint venture partnership between FLOW and…