iProperty.com Reinforces Aggressive Regional Growth Plans with

Sherry Wong

KUALA LUMPUR, MALAYSIA, April 17, 2008 – The iProperty.com Group (www.iproperty.com), Asia’s leading network of property portals and owner of Malaysia’s No.1 property and real estate website (www.iproperty.com.my), has strengthened its bid for regional domination with two senior appointments - Sherry Wong as General Manager of its Hong Kong operations – the GoHome.com.hk network; and Shen Loh-Lim as Group Head of Product.

In her new role as General Manager of GoHome.com.hk, Sherry will be responsible for iProperty.com’s Hong Kong business which includes the SAR’s No. 1 property portal, GoHome.com.hk, as well as a leading home services portal - House18.com. Prior to joining iProperty.com, Sherry spent eight years at digital and interactive communications agency Digitas Greater China, formerly Communications Central Group (CCG). As Senior Vice President, General Manager at Digitas, Sherry was responsible for operations, finance and marketing communications. Prior to this role, Sherry was the General Manager of Hong Kong’s Lemon (Asia) Limited.

Shen joins iProperty.com as Group Head of Product, in charge of strategising, planning and rolling out products and services across the region. His key responsibilities will include enhancing user experiences and improving the efficiency of online property searches through the development of innovative products, as well as providing effective marketing platforms for property developers and agents. Shen was previously Project Director at leading interactive agency, XM Malaysia. During his five-year tenure there, he worked on prominent global accounts including Toyota, Citibank, Sony and GlaxoSmithKline.

Said Patrick Grove, Executive Chairman, iProperty.com Group, “Both Sherry and Shen bring a wealth of experience to the Group and I am confident that their skills sets will play an instrumental role in consolidating our market leading positions in each country and helping us achieve our goal of regional dominance.”

“The whole Group is going through exciting times. Within the past year, we have listed on the Australian Securities Exchange, formed alliances with the Singapore Institute of Estate Agents, bought over Hong Kong’s No. 1 property network www.GoHome.com.hk and recently acquired Keagen Sdn Bhd, the owner and organiser of Asia’s leading series of exhibitions. There are definitely even more exciting new developments in the pipeline so I am truly excited to have both Sherry and Shen join and contribute to the iProperty.com family,” he added.

Both Sherry and Shen report directly to the CEO of the iProperty.com Group, Ken Tsurumaru.