SINGAPORE, 19 February 2013 – PropertyGuru Group, Asia’s dominant market leader for online residential and commercial property search, is pleased to announce its second Philippines Property Show held at the Marina Bay Sands Convention Centre, Level 3 Begonia on 23 & 24 February 2013.
The show will feature the latest luxury real estate developments in prime Philippines cities such as Quezon, Makati, Taguig and Bonifacio Global City as well as resort properties in Boracay, by 10 widely acclaimed developers including Rockwell Land Corporation, Megaworld International, Picar Development, Greenfield Development Corporation, Robinsons Land Corporation, DMCI Homes Corporate Centre, Ayala Land Premier, Shang Properties, SMDC and Vista Land & Landscapes.
With the backing of a strong Singapore Dollar and growing demand for overseas properties, the Philippines, touted as one of Asia’s best kept real estate secrets, has been a choice destination for investors to venture into in recent times, especially so in lieu of the introduction of the latest property cooling measures of which Philippines real estate is free from.
Launched in 2012, PropertyGuru’s Philippines Property Show aims to tap into this increasing trend by allowing local investors to gain in-depth interaction and insights directly with reputable Philippines property developers, with the inaugural event receiving an overwhelming response of 1,000 visitors generating over SGD$8.5 million in sales for over 60 property units in just two days.
According to Steve Melhuish, Co-Founder and Group Chief Executive Officer of PropertyGuru, “The Philippines is one of the Asian economies to watch in the next two years, with real estate, especially for premium residential condominiums, in metropolitan cities within the Metro Manila area having remarkably high capital appreciation and rental yields.
PropertyGuru’s Philippines Property Show is a unique opportunity that will open doors to prospective investors looking for new overseas investment choices by bring them together with Philippine developers who have a proven track record in Philippines real estate.”
Amongst the highlights to look out for at the PropertyGuru Philippines Show will be an official opening address given by the Philippines Ambassador to Singapore, H.E. Minda Calaguian-Cruz, in addition to a panel of distinguished seminar speakers giving talks on a range of topics inclusive of:
1. Sunrise sector for 2013
Dominic D. Lagrosa, Regional Manager for Asia Pacific, Robinsons Land Corporation
2. An update on the Manila Residential Market
Sigrid Zialcita, Managing Director - Research, Asia Pacific, Cushman & Wakefield
3. "David in Goliath's World. A sneak peak of Real Estate Industry in the Philippines and how emerging players compete with major property developer”
Danilo B. Jugno, General Manager, Picar Development Inc.
4. Why invest in the Philippines now?
Michael Jugo, Head of Ayala Land Sales Inc., Ayala Land Sales Inc.
5. Top 8 Trends in the Philippine Real Estate Industry
Joseph Ramil B. Lombos, Senior Vice President for Finance & Operations, DMCI Homes
6. Investing in Philippine Real Estate
Ehryq Joel Young, Senior Property Consultant, One Shangri-La Place, Shang Properties
7. Cooling Measures -- Now what's in for me?
Desmond Chua, Head of LoanGuru, PropertyGuru Group
8. Ayala Land Inc: 180 years of Development in the Philippines
Jerry Lou Tan, Premier Sales Manager, McKinley Group/ Salcedo Division Ayala Land Sales Inc.
9. Greenfield: Ours for Generations
Gigi Alcantara, Vice President for Sales, Greenfield Development Corporation
10. The New Entertainment Destination
Michael V. Pena, Sales Manager, South-East Asia Megaworld International
Visitors can stand to win an iPad Mini by registering at propertyguru.com.sg/shows.
Event details:
PropertyGuru Philippines Property Show
Marina Bay Sands Convention Centre
Saturday 23 & Sunday 24 February 2013, 11am to 7pm
Level 3, Begonia
ENDS
About PropertyGuru Group
PropertyGuru Group is Asia’s leading online property portal group used by almost 11 million property buyers, viewing over 86 million property pages and generating over 300,000 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 12 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