SINGAPORE, 28 MARCH 2013 – PropertyGuru, Singapore’s leading property site, presents the 4th chapter of the Malaysia Property Show. The event will be held on 30 & 31 March, 10am – 7pm at the Orchard Hotel Singapore.
The upcoming event this weekend could not come at a better time given the recent developments resulting in more Singaporean property investors buying across the straits. The recent announcement of a high-speed rail link between Singapore and Kuala Lumpur, when ready, will slash travel time to just 90 minutes between the two cities. This development is set to be a game changer that brings positive benefits for the Malaysia real estate market by improving the connectivity and value of properties within Johor and Kuala Lumpur.
Favourable exchange rates between the SGD and RM currency and the recent introduction of 7% - 10% Additional Buyers Stamp Duty imposed on Singaporeans who acquire a second and third local residential property, are also important catalyst for this increasing trend.
The trend could already be seen in PropertyGuru’s last Malaysia Property Show in December 2012, reporting thousands of visitors and high sales volume of more than RM 22 million transacted in only two days. Local investors at the show this weekend can look forward to an intimate event featuring prime luxury developments in Malaysia by 11 top notch developers namely Country Garden, Dijaya, Gunung Impian, L&G, Mah Sing, Mayland, Plenitude, Sime Darby, Taipan Eagle, Tanah Sutera and UEM.
Highlights of seminars include:
1. “Malaysia Property Hot Spots and Future Growth Areas”
Ishmael Ho, Special Project Manager, Ho Chin Soon Research
2. “Grow Rich Through Property Leverage”
Adrian Un, CEO, SkyBridge International Sdn Bhd and Managing Director of Mortgage
Broker
3. “The Legal Aspect of Property Investment in Malaysia”
Elizabeth Siew, Advocate & Solicitor, Managing Partner, Messrs Iqbal Hakim, Sia & Voo
4. “The 4 Millionaire Strategies of A Strategic Property Investor”
Ahyat Ishak, A Real Estate & Decor (RED), Columnist of the New Straits Times
5. “Money is Made When You Buy not when you sell”
KC See, The Founder of Mastery Asia
Steve Melhuish, CEO, PropertyGuru Group, said “We are pleased to organise the 4th Malaysia Property Show in catering to the needs of local property investors. Malaysia property market has always and will continue to be a hot investment choice among Singapore property investors looking to beyond our shores. With this increase in demand of investor interest, we are confident that the Malaysia Property Show will receive the same welcoming response as before, if not more”.
ENDS
About PropertyGuru Group
PropertyGuru Group is Asia’s leading online property portal group. The company’s sites are visited by almost 11 million property buyers, viewing over 85 million property pages and generating over 350,000 enquiries for real estate developer and agent advertisers – every month.
Headquartered in Singapore, PropertyGuru was founded in 2006 by 2 entrepreneurs with a vision to simplify the property search process and help buyers, sellers and investors make better property decisions faster. Taking advantage of Asia’s growing affluence, property demand and online explosion, it received its first VC investment funding in 2008 and most recently secured approximately $60m investment in 2012 from Deutsche Telekom, South East Asia’s largest digital investment to date. Since its launch, PropertyGuru has reported rapid growth and most recently announced a record 96% increase in revenue, 60% increase in internet users and 50% increase in paying agent advertisers to 24,000 – in 2012.
The award winning company focuses heavily on innovation. Over the last 18 months, the Company has developed and launched 13 mobile applications in 4 countries and 3 languages which have received over half a million downloads – almost 50 per cent of its users in Singapore now originate from a mobile device. PropertyGuru was also the first to integrate website with social media, first to launch Singapore’s only dedicated property newspaper with over 100,000 copies circulated island-wide every month and developing a property events platform with approximately 30 shows held annually across 4 countries addressing 30,000 potential property buyers on the ground.
For more queries or to arrange for an interview, contact:
Katrina Karim
Mobile (+65) 9844 6618
Email katrina@thepublicrelationscompany.com
Adam Rahman
Tel (+65) 6238 5971
Email adam@propertyguru.com.sg
Melvin Kwok
Tel (+65) 6238 5971
Email melvin@propertyguru.com.sg