PropertyGuru is Singapore’s property and home site, founded in 2007. The site provides access to property and home-related products, services, news, advice, guides, tools and online property database in Singapore.

The founders are Steve Melhuish ​ and Jani Rautainen.


Singapore’s leading online property portal, PropertyGuru, was founded in May 2007 with its site officially launched in the following December.


PropertyGuru makes money in three ways: [3]

- Agents fee: It charges agents a fee to use its platform.

- Advertising: It sells ad spots on its online property and printed newsletter.

- Property developers: It supports the entire campaign for property developers from advertising to sales.


In June 2012, the site raised S$60 million (US$49.1 million) from European property portal group, ImmobilienScout24. [4] [5]

In June 2015, PropertyGuru got a S$175 million (US$129.3 million) investment boost from several investors that include US private equity giant TPG, Indonesian media company Emtek Group and Asia Pacific-based tech venture capital firm Square Peg Capital. [6] [7] And Scout24 – previously a minority shareholder exited the business to focus on their core wholly owned property and car online classified businesses in Europe. [8] [9]


In December 2010, it acquired North Malaysia’s leading property portal Fullhouse. [10]

In 2011, it acquired the top property website,, in Indonesia [11] and in Thailand. [12]

In Jan 2016, PropertyGuru acquired “Asia Property Awards” And “Property Report”. [13]