PropertyGuru Wins Four Prestigious Awards

Asia's leading property portal group gains recognition for quality and excellence

PropertyGuru joins an elite group of companies

Singapore, 28 October, 2011 - PropertyGuru.com, Asia's number one property portal network recently snagged four consecutive awards from several sources, including Marketing Magazine, OPP and Red Herring.

Marketing Magazine listed PropertyGuru as the favourite media company for property buyers in Singapore. Once again, it beat out rivals iProperty.com and Google for top spot. Meanwhile, OPP, the world's leading forum for property professionals presented PropertyGuru with the OPP Awards for Excellence 2011 (Gold) for Best Media Brand, for being a top quality website with a first-class platform providing easy maneuverability for users.

In addition, PropertyGuru bagged the OPP Awards for Excellence 2011 (Silver) for Best Online Service, recognising its quality, informative content and ease of navigation. The OPP awards are among the industry's most prestigious, with all entries going through a panel of qualified judges.

As Asia's leading property portal group, PropertyGuru has often been lauded for providing extensive information to its users, with its daily market news, expert blogs and comprehensive property listings. At the same time, the company is constantly working to improve on its existing online features and to develop new, innovative ones, making the awards well earned.

PropertyGuru also won the Red Herring Top 100 Asia Award 2011 for its high growth and innovative technology, beating out approximately 200 other firms across the Asia Pacific region. The award recognises private technology corporations annually, picking out the most promising and cutting-edge private companies and their founders in the Asia Pacific region.

"We are delighted to win these four prestigious industry awards. They recognise our commitment to new product innovation, success in Malaysia and our market leading reach for advertisers - with presence in 10 countries today. We've had a fantastic year, achieved an enormous amount and will continue to focus on developing market-leading new services which help property seekers and advertisers alike," stated Steve Melhuish, Group CEO, PropertyGuru Group.

The awards come at a time when PropertyGuru is expanding rapidly in the Asia Pacific region, having set up offices in Malaysia, Indonesia and Thailand in the past year and a half, and collaborated with other property portals in Hong Kong, Australia, Macau, India, China and Vietnam.

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Media Contact:

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 cashflow 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 over 4 million buyers viewing almost 50 million property pages monthly, with a growing database of 300,000 opted-in buyers and over 14,500 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 1,000 prominent developers from Asia, Europe and the Americas, as well as over 14,500 real estate agents in Asia.

PropertyGuru has also won multiple awards, including the Hitwise "No.1 Website in the Property Industry" award, the Singapore IT Federation (SITF) award for "Best 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.