Singapore’s PropertyGuru may consider future Asia listing after going public in New York as it aims to be ‘gateway’ to region’s real estate

PropertyGuru Group, the Singapore-based property technology company that agreed to be taken over last week by Richard Li Tzar-kai’s special public acquisition company (SPAC), may consider an Asian listing in the future after it goes public in New York.

The company sees additional “upside” to further expand its dominant position in its core markets in Southeast Asia as it seeks to become the go-to portal for real estate in the fast-growing region as it prepares for a listing on the New York Stock Exchange (NYSE) as soon as the fourth quarter, according to its top executive.