PropertyGuru celebrates Q1 success with "Big Bash in Batam"!

Online, March 30, 2010 (Newswire.com) - The idyllic Indonesian island of Batam was the setting of a recent day trip for all employees of www.PropertyGuru.com.sg, Singapore's leading property portal.

Coined the "Big Bash in Batam", the event featured a seafood lunch, sumptuous dinner and a series of team events that included Go Karting, Watersports, Spa treatments and Karaoke.

The success driving the trip resulted from the company hitting outstanding traffic and revenue targets for 2009 and the first quarter of 2010. Today, www.PropertyGuru.com.sg is Singapore's leading property portal (sources: Alexa, Hitwise and Google Zeitgeist) and was the winner of the CNBC World's Best Property Portal award for 2009.

"PropertyGuru had an outstanding 12+ months, beating our traffic, revenue and other key targets by far. This fun event was a small 'thank you' to the whole team for the long hours and hard work invested. We've got big aspirations for 2010 and hope to be repeating this event next year" stated Steve Melhuish, CEO and Co-Founder, www.PropertyGuru.com.sg.

Looking ahead, 2010 will be a busy year for the Singapore property market, with many new home launches coming onstream. To meet the ever-growing expectations of real estate professionals and property hunters, www.PropertyGuru.com.sg will roll out a slew of new products and services this year to help consumers and advertisers stay ahead of the market.

www.PropertyGuru.com.sg provides real time access to multi-media rich content covering property and home-related products, services, news, advice, guides, tools and the largest online property database in Singapore, with over 60,000 property listings. It works closely with prominent real estate developers in Singapore and overseas, 13,000 housing agents, and home-related firms.

For more information, please contact:
Winnie Khoo (+65) 62 385 971 or mail [email protected]

About PropertyGuru:
www.PropertyGuru.com.sg is Singapore's leading property and home site and the brainchild of AllProperty Media Pte Ltd, a local firm established in 2006. The site recently won the CNBC "Worlds Best Property Award" as well as the CNBC Asia Pacific Property Awards for "Best Property Portal Asia Pacific" in 2009 and "Best Property Portal Singapore" in 2008 and 2009. According to Experian Hitwise Singapore (Experian.com.sg), PropertyGuru is the leading property portal in Singapore.

www.PropertyGuru.com.sg provides real time access to multi-media rich content covering property and home-related products, services, news, advice, guides, tools and largest online property database in Singapore. It works closely with prominent real estate developers in Singapore and overseas, over 13,000 housing agents, and home-related firms.

The site is used by over 1.4 million consumers who view 20 million pages and generate over 100,000 leads for advertisers every month (sources: Hitwise, Google Insights and Alexa.com). PropertyGuru's user base has consistently grown by 15% per month since its launch. These users are 'mass affluent' and comprise 53% earning over $100k, 13% over $250k pa; 35% expatriates; 85% live in Singapore, 15% overseas (foreigners and Singapore expats); 32% own 2 or more properties (source: survey conducted by Aktiv Digital with 800 respondents).

www.PropertyGuru.com.sg is committed to innovation and regularly launches new services, features and content to improve usability and customer service. Today, consumers do not just get access to the largest online property database but also receive automatic property alerts, monthly newsletters, free expert mortgage advice, real estate market news, home and lifestyle feature articles, pricing trends, home and personal finance products, new property launch updates, property videos, virtual tours, condo directories, HDB guides and online consumer property question and answer services.

To support its growth, PropertyGuru invests heavily in marketing. This includes outdoor campaigns (buses, taxis, MRT stations and flyer campaigns), print advertising and PR (Financial Times, The Edge, Today, Straits Times & The Sunday Times, Marketing Magazine, Media and Expat Living) as well as on the radio (93.8 Live) and online. It also has an exclusive partnership with eBay, powering their property section and widening the reach for PropertyGuru's advertisers.

Recent advertisers include Lloyds TSB, ICI-Dulux, HSBC, IKEA, Standard Chartered, OCBC, GE Money, Professional Investment Advisory Services, Jardine Lloyd Thompson, Far East Organization, Lian Beng Group, Mulpha, CBRE, Drew & Napier and Knight Frank.