PropertyGuru Celebrates 5th Anniversary in Big Style

Asia’s leading property portal group commemorates five years of success

It was all smiles at PropertyGuru's 5th birthday bash

Singapore, 9 December, 2011 - PropertyGuru, Asia's leading property portal group, celebrated its fifth anniversary in style today with a birthday bash at Pan Pacific Singapore.

400 guests from real estate agencies, real estate developers, non-property clients and partners were present to join in the celebrations. The festivities began with a speech by PropertyGuru Group CEO Steve Melhuish, who highlighted the company's all-round growth and regional expansion this year. He also thanked loyal partners and clients for helping to grow the company's profile.

This year alone, PropertyGuru's traffic doubled and agent numbers grew 70 percent. The Company has continued to invest heavily in innovation, doubling our product/engineering team - building four  new websites, developing new iPhone, Android and Blackberry mobile applications , created Singapore's first and only dedicated property newspaper "The PropertyGuru" and ran a series of successful consumer and industry-focused events.

There to make the night an unforgettable and enjoyable one were an emcee and belly dancers, who provided some much-needed entertainment while everyone had their fill of good food and drinks.

The event had a fluorescent theme, which was reflected in the wacky accessories the emcee, guests and staff alike donned for photographs, as well as the belly dancers' eye-catching outfits and body paint.

Needless to say, everyone was in high spirits and a large part of why PropertyGuru was able to celebrate so joyously is its loyal clients and partners, without whom the company would not be as successful and the event would not have taken place.

Until next year's anniversary bash, PropertyGuru remains grateful to everyone who has had a hand in bringing the company to where it is today, and closes the year on a high note.

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Ms Winnie Khoo, Chief Marketing Officer

Contact number: +65 6238 5971

Email: winnie@propertyguru.com.sg

About PropertyGuru Group:

PropertyGuru was 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 cash flow in 2009 and tripling its revenue growth in 2010.

PropertyGuru is now Asia's leading online property portal, with a presence in 10 countries, including offices in Singapore, Malaysia, Indonesia, Thailand and partnerships with leading property websites in Australia, Hong Kong, India, Vietnam, China and Macau. It has almost 7 million buyers viewing approximately 60 million property pages monthly, with a growing database of 350,000 opted-in buyers and over 19,000 real estate agents.

PropertyGuru provides an integrated media platform that real estate developers and agencies can use to promote their brands and generate sales leads. The entire PropertyGuru community boasts 370,000 residential and commercial properties and clients include almost 500 prominent developers from Asia, Europe and the Americas, as well as over 19,000 real estate agents in Asia.

PropertyGuru has also won multiple awards, including the Overseas Property Professional "Best Online Media (Gold) Award 2011" and "Best Online Service (Silver) Award 2011", Red Herring "Top 100 Asia Technology Award 2011", Hitwise "No.1 Website in the Property Industry" award, the Singapore IT Federation (SITF) award for "Best Mobile Application (Merit) 2011" and "E-Enterprise Company 2010", the Singapore Venture Capital & Private Equity Association (SVCA) award for "Best Performing VC Backed Company 2010", Marketing Magazine's "Top Digital Media of the Year 2010" award, CNBC World's "Best Property Portal Award 2009" and the "Google Zeitgeist Singapore 9th Fastest Rising Search Term 2009" award.