Singapore, 31 October 2012 – PropertyGuru, Asia’s leading one-stop online residential and commercial property portal group, presents the Thailand Property Show (TPS), an exclusive event featuring the latest residential projects to be held at the Orchard Hotel on 3-4 November 2012 from 10am to 7pm.
This rare showcase highlights 10 projects - Sarthorn Heritage, H Sukhumvit 43 Condominium, The Bloom Sukhumvit 71, Millennium Residence @ Sukhumvit, 15 Sukhumvit Residence, TC Green, The Mark Condo and Tidy Deluxe Condominium @ Sukhumvit 34 – all freehold condominiums in Bangkok, Hua Hin Pavilion, a leasehold villa in Hua Hin and The Charm, a freehold condominium in Phuket.
Real estate investors and property buyers can attend a free seminar headed by a panel of distinguished industry leaders and analysts who will share their insights into culling the best yields and capital gains in commercially-investable developments in Thailand’s gateway cities. Headed by Steve Melhuish, PropertyGuru’s Co-Founder and Group Chief Executive Officer who will give the opening address, key speakers with topics include:
- Kritsda Pengwantana, Vice President of V Property Development, “How to get the best condominium investments in the CBD district of Sukhumvit, Silom and Sathorn”.
- Christian Glanville, Managing Partner of Limcharoen Hughes & Glanville, “Owning properties in Thailand: Legalities for foreign investors”.
- Frank Khan, Director and Head of Residential at Knight Frank, “Investment and process to buy real estate in Thailand”.
- Iain Hardie, International Project Marketing and Sales at Magnolia Quality Development, “Why Bangkok must be part of your overseas property portfolio”.
- Desmond Chua, Head of LoanGuru, “Property Cooling Measures – How this affects you”.
- Andrew Batt, International Group Editor of PropertyGuru Group, “Thailand’s Property Market: Who is buying, why they are buying, what they are buying and where”.
Commenting on the growing number of overseas investors venturing into Thai property, Steve Melhuish, Co-Founder and Group Chief Executive Officer of PropertyGuru notes, “More and more Singaporeans are looking beyond their own borders for property investment opportunities, and Thailand is fast becoming a hot favourite. With prices of condominiums in prime central Bangkok rising to 29% year-on-year and coupled with minimal restrictions on foreign ownership, these incentives are attractive for Singapore investors to buy into Thailand’s real estate sector.”
He adds, "PropertyGuru’s Thailand Property Show can help generate greater buyer interest in the fast growing Thai property market, and more importantly, harness the best of Thai developers and their real estate offerings to market to Singaporeans.”
For more information on TPS, visit http://www.propertyguru.com.sg/events-tps. Lucky visitors can stand a chance to win an iPhone5 if they pre-register before the event.
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About PropertyGuruHeadquartered in Singapore,
PropertyGuru was co-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 doubling revenue growth in 2011.
PropertyGuru is now Asia’s leading online property portal group, with a high-volume of online real estate presence across nine territories in Asia, including offices in Singapore, Malaysia, Indonesia, Thailand and partnerships with leading property websites in Australia, Hong Kong, India, Vietnam and China. It has a current inventory of electronic-driven properties including 75 million property pages with 500,000 residential and commercial properties listings from 200 developers to attract 9.5 million buyers and 25,000 paying real estate agent subscribers and developer advertisers, generating close to 300,000 advertiser enquiries monthly.
To date, PropertyGuru has also created 12 mobile applications in 4 countries and 3 languages which garnered 320,000 mobile application downloads, is the first to integrate website with social media as well as circulate Singapore’s only dedicated property print publication with dispersion outreach of over 500 key locations island-wide.
Executive BiographySteve Melhuish, Co-Founder and Group Chief Executive Officer
Steve is an award-winning entrepreneur.
For the last two decades, Steve built profitable companies throughout Asia and Europe and in 2006 along with his partner Jani Rautiainen, founded PropertyGuru Group.
Under the auspices of this newly established holding group, PropertyGuru.com.sg was started with the aim of providing a one-stop online shop for the listing and sale of residential properties to individual and institutional home buyers and investors respectively.
Prior to Steve’s current role, he held executive positions in various venture capital firms including Skype, AOL, Virgin Media, Vodafone, Extreme Media, iPass and Ariadne Capital. In all, Steve’s expertise in leading global teams resulted in a US$500 million turnover for a business unit for Cable & Wireless. In 2007, Steve was awarded the Spirit of Enterprise Award, in recognition of his contributions to entrepreneurship in Singapore.
Steve is a non-executive director for two other firms, an angel investor and member of the Business Angels Network South East Asia.
For more queries or to arrange for an interview, contact:
Katrina Karim
Mobile (+65) 9844 6618
Email:
katrina@thepublicrelationscompany.com