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PropertyGuru Scoops Prestigious CNBC Asia Pacific Property Award for Second Year in a Row

Singapore, 11th May 2009:

There’s positive, upbeat news for the property profession this week as the results of the Asia Pacific Property Awards 2009 in association with CNBC Arabiya have been revealed. Rightly proud of its success, www.PropertyGuru.com.sg has won an award in the category of “Best Property Portal, Singapore”. Winners will be invited to attend a high profile industry gala dinner at the Marina Mandarin in Singapore on July 16th where they will be presented with their awards.

The event is part of the International Property Awards, the world’s most prestigious competition dedicated to finding the best real estate professionals across the globe. Hundreds of residential property-related firms from over 56 countries in Asia, Europe and Americas were evaluated by a senior panel of real estate and Internet experts as part of CNBC’s annual International Property Awards process. The fact that www.PropertyGuru.com.sg has won one of these coveted awards is proof that it is able to compete at this level and triumph within the highly competitive Asia Pacific property arena.

“We have worked hard to build www.PropertyGuru.com.sg into the leading Singapore property site and are delighted to be recognized by our industry peers. It will encourage us to continue to innovate and provide even better service to Singapore’s consumers and real estate clients” said Steve Melhuish, PropertyGuru co-founder and Director.

Later this year, top scoring winners from the Asia Pacific Property Awards will compete against other winning companies from Europe, the Americas and Arabia to find the ultimate World’s Best in each category. Last year, the Asia Pacific region scooped no less than five World’s Best awards – an amazing feat and one which the property industry will be watching with interest to see if it can be beaten in 2009.

Entries were judged by a panel of professionals whose collective knowledge of the property industry is second to none and unsurpassed by any other property awards. Chaired by Eric Pickles, chairman of the Conservative Party, this year’s judges included Ben Wood, industry head property markets of Google UK; Peter Bolton King, group chief executive of the National Federation of Property Professionals; Imtiaz Farookhi, chief executive of the National House Building Council; Christopher Hall, president elect of FIABCI; Wilhelm Harnish, Master Builders of Australia (MBA); Thijis Stoffer, International Consortium of Real Estate Agents Association (ICREA); Helen Shield, editor-in-chief of International Homes magazine and Gillian Farr, head of design of Laura Ashley Home.

-ENDS-

About PropertyGuru:

www.propertyguru.com.sg  is Singapore’s leading property and home website used by almost 700,000 consumers, searching 11 million property pages every month.

PropertyGuru works with prominent real estate developers in Singapore and overseas, as well as over 6,000 housing agents, to provide instant access to the largest online property database in Singapore.

Consumers are able to obtain automatic property alerts, monthly newsletters, free expert mortgage advice, real estate market news, pricing trends, home and personal finance products, new property launch updates, property videos and virtual tours, condo directories, HDB guides and online consumer property questions and answers service.

PropertyGuru is regularly featured in the media, including Financial Times, Today, Expat Living, The Edge, Media and Marketing Magazine. It invests heavily in marketing online, in the press and on buses, taxis and at MRT stations. In addition, PropertyGuru sponsors major property conferences and regularly participates in industry panel discussions. The website was also winner of the CNBC International Property Awards 2008 for “Best Property Portal in Singapore”.

For more information, please contact:

Jassmin Peter – call (+65) 6238 5971 or mail ‘jassmin [at] propertyawards.net’
Or visit www.PropertyGuru.com.sg

About CNBC International Property Awards:

The annual International Property Awards recognizes the industry’s best residential and commercial property professionals from around the globe. Now in its 15th year, the awards have seen steady growth with entries from across the globe with firms representing 56 different countries. The awards are now established as the biggest in the world and an International Property Award is a world-renowned mark of excellence.

The awards are split into regions covering the Americas, Asia Pacific, Europe & Africa, Arabia and UK. Participants enter at their relevant national level and are judged by a highly experienced team of professionals who cover the whole range of property disciplines. Companies selected as winners are then invited to attend a glittering awards dinner for each region and have the right to use the prestigious logo in their marketing. The highest-scoring winners from each region are automatically entered into the overall International Awards, which ultimately determine the world's finest property companies.

For more details, please contact:

Tessa Oxley - call (+44) 1245 358877 or mail ‘tessa [at] propertyawards.net’
Or visit www.propertyawards.net



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