PropertyGuru wins another award, increases dominance

23 Jun 2011

PropertyGuru (www.PropertyGuru.com.sg) has officially been acknowledged as the number one property website in Singapore from July 2010 to December 2010 by Experian Hitwise.

The website overtook the Housing and Development Board’s (HDB) InfoWEB, which landed in second place. Meanwhile, the company’s commercial property portal and Singapore’s only dedicated commercial property website, www.CommercialGuru.com.sg, took the fifth spot.

This recognition for PropertyGuru was determined after it ranked first in terms of the number of local users visiting property websites between July 2010 and December 2010.

The company’s PropertyGuru and CommercialGuru websites now generate more property-related traffic from Singapore than all other websites combined, recording about 51 percent of the market share of total page views.

“We are delighted to win this award, which confirms PropertyGuru’s dominance in Singapore. Our traffic and market share has continued to grow rapidly,” said Steve Melhuish, Group CEO of PropertyGuru.

“We continue to invest heavily in innovation to support this growth, including a complete overhaul of the PropertyGuru website a month ago. In addition, our sites across Asia have demonstrated similar strong growth.”

In the past 18 months, PropertyGuru has grown from one website in one country to having a presence in eight countries. It operates seven leading websites in Singapore, Indonesia, Malaysia and Thailand and has partnered real estate portals in India, Hong Kong, Australia and Macau.

Aside from this latest achievement, PropertyGuru has also won various awards, including the Singapore Venture Capital & Private Equity Association (SVCA) award for “Best Performing VC Backed Company 2010,” the Singapore IT Federation (SITF) award for “Best E-Enterprise Company 2010” and Marketing Magazine’s “Top Digital Media of the Year 2010” award.

To contact the journalist, you may send your message to editor@propertyguru.com.sg

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