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Announced

PropertyGuru to acquire MyProperty Data.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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real estate solutions

Friendly

Real Estate Services

Acquisition

big data analytics

Majority

Single Bidder

Malaysia

Pending

real estate

Cross Border

Private

Synopsis

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PropertyGuru Group, an online property company, agreed to acquire MyProperty Data, a property data, analytics & solutions provider. Financial terms were not disclosed. “This acquisition advances the goal we share with PropertyGuru – empowering Malaysians with accurate transaction data, so that they neither overpay nor underpay when making decisions. PropertyGuru is no stranger to us as we have collaborated on many occasions, such as in developing a Pricing Insight exclusive to PropertyGuru in 2018 and the Home Loan Pre Approval in 2019. It was natural for us to further collaborate and we are delighted to join the Group,” Joe Hock Thor, MyProperty Data Managing Director.

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