PropertyGuru Launches Revamped Rumah.com Website
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Date: Fri, 28 Oct 2011 Time: 1:32 PM
Indonesia’s No.1 property portal takes the frustration out of property search
Jakarta, October 26, 2011 –
PropertyGuru, Asia’s leading online property portal network, has today launched a rebranded www.Rumah.com
, Indonesia’s number one property website. “Rumah”, which in Bahasa Indonesia means “house” or “home” is one of the most frequently used search terms online for property seekers in Indonesia.
Founded in 2007, Rumah.com has over 120,000 residential and commercial property listings; with over 900,000 users viewing more than 11 million pages. As part of the revamp, there is a new housing directory that provides consumers with the most detailed information of the best properties in Indonesia, with photos and location information nearby the properties. Such user-friendly features help property agents, agencies and developers to more effectively reach Indonesian buyers and investors, as well as bring Indonesian properties to buyers outside the country.
The revamp comes at an opportune time. Despite the downturn in the US and Eurozone, Indonesia’s economy continues to grow, recording a 2.9 percent growth quarter-on-quarter (QoQ). The positive market sentiment has attracted more local and foreign investments, recording a 24.3 and 21.1 percent rise in Q2 2011 respectively. To support continued growth, the Indonesian government has pledged to build new roads and expand airports and ports.
The robust economy is even better news for Rumah.com. “The response so far to Rumah.com by Indonesian developers, agents and advertisers has completely exceeded our expectations. We’ve also seen a 53 percent growth in traffic to the website. Going forward, we are excited about the future of Rumah.com as well as the property sector there, which is growing rapidly,” stated Steve Melhuish, Group CEO, PropertyGuru Group.
Meanwhile, the last year and a half has been a busy and successful period for PropertyGuru. The company has expanded from just one website in one country to a presence in 10 countries. It operates five leading websites in Singapore, Malaysia, Indonesia and Thailand and has partner property portals in Hong Kong, India, Australia, Macau, China and Vietnam. — END —Media Contact:
AllProperty Media Pte Ltd
Ms. Winnie Khoo, Chief Marketing Officer
Tel: +65 6238 5971
Singapore Property Agent
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 eight countries, including offices in Singapore, Malaysia, Indonesia, Thailand and partnerships with leading property websites in Australia, Hong Kong, India 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.
Founded in 2007, www.Rumah.com is Indonesia's top property website with over 500,000 visitors viewing eight million impressions every month. Over 700 new property listings are added everyday and the website has a database of 11,000 opted-in members. Rumah.com is an online media campaign that provides the ideal search experience for all types of property: residential, commercial and industrial.
Rumah.com allow sellers and renters to place on its site property advertisements which can be easily viewed by prospective buyers, who can search for property based on location and / or price.
For more information, please visit www.Rumah.com.
AllProperty Media Pte Ltd
51 Goldhill Plaza, #11-03/05, Singapore 308900
+65 6238 5971
Knight Frank provides valuation services, real estate marketing and property management.
Add: 16 Raffles Quay #30-00, Hong Leong Building, Singapore 048581
Tel: +65 6222 1333
HomeGuru is Malaysia's leading real estate portal, featuring over 50,000 property listings.
Add: Unit 7-1, Tower 9, Avenue 5, The Horizon, Bangsar South, 8 Jalan Kerinchi, 59200 Kuala Lumpur
Tel: +60 3 2279 7555
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