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Gaw Capital leads $52m funding for Singapore property portal

Real estate website looking to expand in Southeast Asia currently operates in Singapore and Indonesia but plans to expand into other parts of Southeast Asia. (Photo by Yuki Kohara)

CEBU, Philippines -- Hong Kong-based real estate equity company Gaw Capital Partners is investing in Singapore-based property website, DealStreetAsia has learned.

99 Group said in a statement that it has raised $52 million in a Series C funding round, with $37 million completed at the first close and a further $15 million to be raised over the coming months, most of which has already been committed.

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