eBay partners with Singapore's Largest Property Site, PropertyGuru.

PRLog (Press Release) - Apr 14, 2009 -
PropertyGuru (http://www.PropertyGuru.com.sg), Singapore's largest real estate portal, has partnered with the world’s largest online marketplace eBay, launching a new feature-rich property search service on eBay's Singapore website (http://www.eBay.com.sg.)

The partnership marries PropertyGuru's media-rich property content with eBay's brand-strength and website reach, to enable users to easily access all PropertyGuru properties, local and international, and related content including newsletters, research reports and interviews with high level property executives via eBay, in real time. PropertyGuru's real estate developers and agents will also benefit from the new service, thanks to the additional exposure from eBay for their properties and products offerings.

"This is great news for the Singapore real estate community. Our partnership with PropertyGuru enables us to offer our users the best experience by partnering with the experts in online real estate, and offer a new content-rich real estate service. This represents a great stride in eBay’s strategy to provide the best experience to our users," said Allis Ghim, Director at eBay.

Online marketing has transformed the Singapore Property market over the last two years, making it quick and easy for consumers to research and find property – all at the click of a mouse. Property advertisers can now provide more comprehensive “media-rich” information to a highly targeted (property-focused) audience, worldwide, 24x7, with minimal effort and at significantly lower cost compared to traditional media. PropertyGuru has seen its usage grow tenfold in the last year with 9 million property pages now being searched every month, and in turn generating approximately 100,000 monthly leads for its advertisers. eBay and it’s users will also now benefit from this growing online real estate trend.

"We are delighted that eBay has selected PropertyGuru to become its primary content partner for this exciting new online real estate service. It is strong testament to PropertyGuru’s leading Singapore position, innovation and capabilities" said Steve Melhuish, co-founder and director of PropertyGuru.

The new eBay real estate service is now available at http://www.eBay.com.sg. It offers consumers the ability to:
•   Easily find and review available HDB, condo, landed and commercial property for rent and sale in Singapore and Overseas – with photos, videos and maps.
•   Get free expert mortgage advice from accredited independent mortgage consultants.
•   Find relevant property products and services
•   View property details, listings and consumer reviews for Singapore’s condos
•   Find real estate agents by property specialty (e.g. HDB, landed, condo etc.) or by location (e.g. district 8, 15, 22 etc.)
•   Read useful property and investment research, guides, articles and news

PropertyGuru is Singapore’s leading property and home website used by almost 600,000 property-hunters every month. PropertyGuru focuses exclusively on the real estate and home sector, working with prominent real estate developers in Singapore and overseas and over 5,000 housing agents, to provide instant access to the largest up-to-date online property database in Singapore.

eBay is the world’s largest online marketplace with a global presence in 39 markets and over 86 million eBay users worldwide. Where practically anyone can trade practically anything, in 2008, eBay recorded USD 60 billion in total merchandise traded on its site. There are 1 billion page views per day and over USD 2,000 worth of goods are traded every second.