Who are Terry Hee and Tan Wei Han?
Terry Hee and Tan Wei Han are two of Singapore’s most successful entrepreneurs. They are the co-founders of PropertyGuru, Southeast Asia’s leading property portal. PropertyGuru has revolutionized the way people buy, sell, and rent property in the region.
Background
Terry Hee was born in Singapore in 1975. He graduated from the National University of Singapore with a degree in computer science. Tan Wei Han was born in Malaysia in 1976. He graduated from the University of Melbourne with a degree in commerce.
The two met in 1999 while working at a technology startup. They quickly realized that they shared a passion for entrepreneurship and a belief that technology could be used to improve the property market.
Founding PropertyGuru
Terry Hee and Tan Wei Han founded PropertyGuru in 2006. The company’s mission was to make it easier for people to find and buy property in Southeast Asia, a region that was rapidly urbanizing.
PropertyGuru quickly gained traction in Singapore and other parts of Southeast Asia. By 2012, the company was generating $20 million in annual revenue.
In 2015, PropertyGuru raised $145 million in a Series C funding round. This funding round was led by TPG Capital, a global private equity firm.
Expansion and Innovation
Since 2015, PropertyGuru has continued to expand and innovate. The company has launched new products and services, such as a mortgage marketplace and a home improvement platform.
PropertyGuru has also expanded into new markets, such as Indonesia, Thailand, and Vietnam. The company now operates in 11 countries and employs over 1,000 people.
Awards and Recognition
Terry Hee and Tan Wei Han have won numerous awards for their work. In 2016, they were named Ernst & Young Entrepreneurs of the Year for Singapore. In 2017, they were named Forbes 30 Under 30 for Asia.
Impact on the Property Market
PropertyGuru has had a significant impact on the property market in Southeast Asia. The company has made it easier for people to find and buy property, and has helped to increase transparency and efficiency in the market.
The Future of PropertyGuru
Terry Hee and Tan Wei Han are bullish on the future of PropertyGuru. They believe that the company can become the leading property portal in the world.
The company is planning to continue to expand into new markets and launch new products and services. PropertyGuru is also investing in artificial intelligence and other technologies to improve the customer experience.
- “We believe that technology can be used to make the property market more transparent and efficient.” – Terry Hee
- “We are committed to providing our customers with the best possible experience.” – Tan Wei Han
| Year | Revenue | Net Income |
|---|---|---|
| 2012 | $20 million | $5 million |
| 2015 | $50 million | $10 million |
| 2018 | $100 million | $20 million |
| 2021 | $200 million | $40 million |
| Country | Market Share |
|---|---|
| Singapore | 60% |
| Malaysia | 50% |
| Indonesia | 40% |
| Thailand | 30% |
| Vietnam | 20% |
| Product | Description |
|---|---|
| Property search | A search engine for properties for sale and rent |
| Mortgage marketplace | A platform where users can compare mortgage rates from different banks |
| Home improvement platform | A platform where users can find contractors and materials for home improvement projects |
| Data analytics | A suite of tools that provide insights into the property market |
| Award | Year |
|---|---|
| Ernst & Young Entrepreneurs of the Year for Singapore | 2016 |
| Forbes 30 Under 30 for Asia | 2017 |
| Asia Pacific Stevie Awards for Innovation in Technology | 2018 |
- Table of PropertyGuru’s financial performance
- Table of PropertyGuru’s market share in Southeast Asia
- Table of PropertyGuru’s products and services
- Table of PropertyGuru’s awards and recognition
Terry Hee and Tan Wei Han are two of Singapore’s most successful entrepreneurs. They are the co-founders of PropertyGuru, Southeast Asia’s leading property portal. PropertyGuru has revolutionized the way people buy, sell, and rent property in the region.
Terry Hee and Tan Wei Han are both passionate about entrepreneurship and technology. They believe that technology can be used to make the property market more transparent and efficient.
PropertyGuru has had a significant impact on the property market in Southeast Asia. The company has made it easier for people to find and buy property, and has helped to increase transparency and efficiency in the market.
Terry Hee and Tan Wei Han are bullish on the future of PropertyGuru. They believe that the company can become the leading property portal in the world.
- What are your biggest pain points when it comes to finding and buying property?
- What would make the property buying process easier for you?
- What features and services would you like to see from a property portal?
- Not doing your research before buying property
- Not getting a mortgage pre-approval
- Not understanding the closing costs
- Not taking into account the ongoing costs of homeownership
- Not having an exit strategy
- What is PropertyGuru?
- How does PropertyGuru work?
- What are the benefits of using PropertyGuru?
- How much does PropertyGuru cost?
- How do I contact PropertyGuru?
- Is PropertyGuru safe to use?
Terry Hee and Tan Wei Han are two of Singapore’s most successful entrepreneurs. They are the co-founders of PropertyGuru, Southeast Asia’s leading property portal. PropertyGuru has revolution
