SINGAPORE, 7 December 2011: Over RM26 million worth of property was snapped up by Singaporean property buyers at HomeGuru's inaugural Malaysia Property Showcase recently. The event, which was held at the Orchard Hotel, Singapore on the 3rd and 4th of December 2011, drew an impressive crowd of almost 900 property buyers and saw more than 30 units of real estate sold within the two days.The Malaysia Property Showcase 2011 involved the participation of six leading Malaysian developers, namely Andaman Group, Ireka Corporation Berhad, Lone Pine Group, Sime Darby Property, The Haven Sdn Bhd and UEM Land.
PropertyGuru Group CEO, Steve Melhuish said, "In collaboration with its Singaporean counterpart, PropertyGuru.com.sg, HomeGuru established the Malaysia Property Showcase 2011 to create awareness of key Malaysian developments regionally, especially amongst interested investors in Singapore, Indonesia, Hong Kong and Thailand."
Melhuish stated that the Malaysia Property Showcase 2011 served its function as an optimal platform for the participating developers to network amongst each other and with prospective international investors. He added that excited visitors even came to attend the event half an hour earlier than the event's official kick-off time on its first day.
Noting on the success of the Malaysia Property Showcase 2011, Head of Sales and Marketing at Andaman Group Dato' Vincent Tiew said, "Seeing the commitment and capabilities of the PropertyGuru Group in attracting large crowds is testament of the Malaysia Property Showcase 2011's success and we are very inclined towards participating in future showcases with the PropertyGuru Group at the helm."
General Manager for Marketing and Corporate Affairs at Lone Pine Group Mabel Ooi also commented, "The event was a good experience, giving us positive exposure and the opportunity to meet Singaporean buyers. We also got to meet local property agents, which helped us build relationships."
Developments featured at the Malaysia Property Showcase 2011 were The Arc @ Cyberjaya by Andaman Group, Isola @ Subang by Sime Darby Property, 1 Tanjong in Penang by Lone Pine Group, The Haven in Ipoh by The Haven Sdn Bhd, SENI Mont' Kiara by Ireka Corporation Berhad as well as Impiana @ East Ledang and Imperia @ Puteri Harbour by UEM Land.
Additionally, the Malaysia Property Showcase 2011 included informative seminars such as ‘Intricacies of Property Financing in Malaysia' by Adrian Un (MD, Mortgage Broker Sdn Bhd), ‘Property Investment: Mortgage and Grow Rich' by Alfred Chia (CEO, SingCapital), ‘Investment Outlook in Iskandar' by Azwah Mohd Noor (SVP, Iskandar Regional Development Authority), ‘Legalities for Foreign Property Investors to Malaysia' by Samuel Seow and his Malaysian associates (Seow & Associates).
The Malaysia Property Showcase 2011 also received positive feedback from members of the public who were in attendance, such as Vinh Doan who said that it was "very informative and well-organised" as well as Dennis Sim, who commended the PropertyGuru Group for providing up-to-date information relevant to Singaporean investors.
About HomeGuru:
www.HomeGuru.com.my is the fastest growing Malaysian property portal set up as part of a joint venture between AllProperty Media Pte Ltd and Malaysia's RedBerry. Currently the 80th ranked website in Malaysia based on Alexa, from its initial ranking of #499 in January 2011, HomeGuru has over 345,000 users viewing more than 1.7 million pages monthly. With over 70,000 listings and 3,000 agents signed up, HomeGuru gives consumers the platform to find properties for purchase, sale, rental or investment and a direct channel to search for and contact agents. An SME Tiger Award Winner for Online Business (Gold Award), HomeGuru is designed with the end-user in mind; featuring real-time access to multimedia-rich content, covering property-related products, services, news, advice, guides, tools and a rapidly growing online property database in Malaysia.
About PropertyGuru:
PropertyGuru was founded in 2006 as a self-funded company, with a vision to make the property search process a breeze for buyers, sellers and investors. Taking advantage of Asia's growing affluence for property and the online boom, it received its first VC investment funding in 2008. Since then, the company has grown rapidly, reaping profits and positive cashflow in 2009 and tripling its revenue growth in 2010.
PropertyGuru is now Asia's leading online property portal group, with a presence in ten countries, including offices in Singapore, Malaysia, Indonesia, Thailand and partnerships with leading property websites in Australia, Hong Kong, India, Macau, Vietnam and China. It has 6.5 million buyers viewing 60 million property pages monthly, with a growing database of 300,000 buyers and over 14,000 real estate agents.
PropertyGuru provides an integrated media platform that real estate developers and agencies can use to promote their brands and generate sales leads. The entire PropertyGuru community boasts 400,000 residential and commercial properties and clients include almost 1,000 prominent developers from Asia, Europe and the Americas.