Alex Residences Singapore

Here is a list of the top 10 most valuable property portal companies in the world.

The combined value of this list is over USD 30 billion.

Heading up the list is the New York Stock Exchange listed Soufun which operates in China.  This company has seen tremendous valuation growth in the last 2 years.  Second place is taken up by the REA Group that has also seen significant valuation growth while Rightmove in the UK brings up third place.

Company Country Market Cap (USD) Method
Soufun China 6,800 NYSE
REA Group Australia 5,825 ASX
Rightmove United Kingdom 4,401 LSE
HomeAway USA 3,680 NASDAQ
Zillow USA 3,440 NASDAQ
ImmobilienScout24 Germany 1,947 Sale to Hellman & Friedman
Zoopla Property Group United Kingdom 1,667 Market Speculation
Seloger France 1,500 Sale to Axel Springer + RMV Increase / 2
Trulia USA 1,140 NYSE
Domain Australia 1,000 Estimate

This list is not exhaustive and doesn’t take into accounts sites such as Suumo in Japan that is part of the Recruit Group.  We will try to add that to the list in the future.

If we are missing any other sites, please let us know.

Valuation notes:

NYSE = New York Stock Exchange

ASX = Australian Stock Exchange

LSE = London Stock Exchange

The value of ImmobilienScout24 is based on 70% of the value of the Scout24 Group and this is valued at EUR 2 billion based on the most recent transaction  with Hellman and Friedman.

The valuation of Zoopla is based on market speculation following noises that Zoopla is looking to float in the UK at around GBP 1 billion.

The valuation of Seloger in France is an estimate and based on the sale price of EUR 633 in 2011 and same growth rate of Rightmove over the same time.  This growth rate was halved to take into account the highly competitive nature of the market especially from Le Bon Coin.

The valuation of Domain is based on market speculation and the relative size of Domain versus (part of the REA Group) and then discounted for being in second place in the market.