10 Jan '18, 5am

PropertyGuru's Steve Melhuish reveals investments in the tech arena | Singapore Business Review

PropertyGuru's Steve Melhuish reveals investments in the tech arena | Singapore Business Review

He has made the property market more transparent by bringing as much as two million properties online. When Steve Melhuish and Jani Rautiainen went house-hunting in Singapore years ago, the lack of updated choices and pricing options only left them feeling frustrated. Learning that this problem is common amongst other property seekers, Melhuish and Rautianen decided to make a move and address the challenges at a wider scale. Barely a year later, PropertyGuru was born. Melhuish’s initiative to found PropertyGuru in the midst of Singapore’s housing boom began revolutionising the property industry. For half a century, the $150b industry remained antiquated, with buyers scouring pages of classified ads and driving along roads with vacant properties only to decide based on mere opinion from friends and family. The launch of PropertyGuru enabled buyers to make wise and informed ...

Full article: http://sbr.com.sg/residential-property/exclusive/property...

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