2024 the year to prepare for new real estate cycle: analyst
Many real estate businesses went bankrupt, were dissolved or downsized their operations in 2023. Therefore, 2024 is forecast to be the year of changes that may lead to a new real estate cycle, writes Vo Hong Thang, deputy director of research and development at DKRA Vietnam.
A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7
Singapore’s PropertyGuru earns Jan-Sep revenue of $9.4 mln in Vietnam
Singapore-headquartered property-technology firm PropertyGuru recorded revenue of SGD12.5 million ($9.4 million) from the Vietnamese market in the first nine months of 2023, down 31% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Singapore’s PropertyGuru earns H1 revenues of $6.2 mln in Vietnam
Singapore-headquartered property-technology (proptech) firm PropertyGuru recorded revenues of SGD8.4 million ($6.2 million) from the Vietnamese market in the first half of this year, down 30% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam real estate recovery can begin next year: proptech exec
Vietnam's real estate market can start its recovery from the first or second quarter of 2024 at the earliest, said Le Bao Long, director of strategy at Batdongsan.com.vn, a proptech business under Singapore's PropertyGuru.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Singapore's PropertyGuru earns $2.5 mln from Vietnam market in Q1
Singapore-headquartered PropertyGuru recorded a revenue of SGD3.33 million ($2.5 million) from the Vietnamese market in the first quarter of this year, down 34.2% year-on-year, according to a company report on quarterly financial results released Wednesday.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
PropertyGuru earns $17.9 mln revenue from Vietnam market
Southeast Asian leading PropTech PropertyGuru posted revenue of $17.86 million from its Vietnam operation last year, up 28.1% year-on-year, according to the firm’s 2022 financial report.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Real estate market can recover late this year: executive
Vietnam's real estate market can recover in late 2023 after turbulence in 2022, says Le Bao Long, director of strategy at Batdongsan.com.vn, a key proptech business in Vietnam offering sales and marketing solutions.
Executive Talk - Mon, Dec 22, 2021 | 11:30 am GMT+7
Proptech firm Levitate makes its debut in Vietnam
Singapore-headquartered housing development platform Levitate has made Vietnam its debut market, giving consumers in the country more creative input when buying their own home.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam proptech update: Propzy employs mass job cuts, Houze ups expansion fund
SoftBank-backed proptech startup Propzy has reduced its headcount by half, while Vietnam-based competitor Houze has raised $2 million in the latest funding round to bolster its leadership and core product.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
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