iProperty.com Malaysia Wins Highly Prestigious “Best Property Portal” at CNBC Asia Pacific Property Awards 2009

The iProperty.com Group - Asia’s No. 1 Online Property Group Makes History Again by Winning the Title for Six of its Websites Across Five Countries

KUALA LUMPUR, 29 April 2009 – Malaysia’s No. 1 property website, iProperty.com Malaysia (www.iproperty.com.my), has emerged victorious again this year at the coveted Asia Pacific Property Awards 2009 in association with CNBC Arabiya, garnering the award for Malaysia’s “Best Property Portal”. Six other property portals under the iProperty.com Group, Asia’s leading network of property websites, also won the title in their respective markets, including Singapore (www.iproperty.com.sg), Hong Kong (www.gohome.com.hk), India (www.india.iproperty.com), the Philippines (www.iproperty.com.ph) and regional luxury property portal iLuxuryasia.com (www.iLuxuryasia.com). This is a historical achievement as iProperty.com is the first company to have ever won the award across five markets for the same category at the Asia Pacific Property Awards.

The event is part of the International Property Awards, the world’s most prestigious competition for the property sector. It began in 1995 in London, and has since established itself as the premier annual programme that distinguishes Asia Pacific companies with the highest levels of achievement in a range of property-related fields in 21 categories. Winners are usually identified as companies and individuals who are raising the standards by providing excellent skills and services and continually reaching new heights in quality and innovation.

Later this year, top scoring winners from the Asia Pacific Property Awards will compete against other winning companies from Europe, the UK, the Americas and Arabia to find the ultimate World’s Best in each category. Last year, the Asia Pacific region scooped no less than five World’s Best awards – an amazing feat and one which the property industry will be watching with interest to see if it can be matched or even beaten in 2009.

Entries were judged by a panel of professionals whose collective knowledge of the property industry is second to none and unsurpassed by any other property awards. Chaired by Eric Pickles, Chairman of the Conservative Party, this year’s judges included Ben Wood, Industry Head Property Markets of Google UK; Peter Bolton King, Group Chief Executive of the National Federation of Property Professionals; Imtiaz Farookhi, Chief Executive of the National House Building Council; Christopher Hall, President Elect of FIABCI; Wilhelm Harnish, Master Builders of Australia (MBA); Thijis Stoffer, International Consortium of Real Estate Agents Association (ICREA); Helen Shield, Editor-in-Chief of International Homes magazine and Gillian Farr, Head of Design of Laura Ashley Home.

Executive Chairman of the iProperty.com Group Patrick Grove said: “We are extremely proud and honoured to have garnered these awards. Last year, we won Best Property Portal award for
four portals across four countries. This year, we have outdone ourselves by sweeping the awards for six portals across five countries!”

According to Grove, the awards represent an important milestone in the history of iProperty.com Group’s growth. “The fact that we have won the Best Property Portal award in almost every single market we operate in is clear testimony that the iProperty.com network can not only compete but also stand out within the highly competitive Asia Pacific online property arena”.

“Making such an historical win at the highly prestigious awards definitely reinforces our position in Malaysia and the region as Asia’s leading online property group. Our Malaysian portal, iProperty.com Malaysia, is the country’s leading property website with over 60,000 quality property listings. The fact that we’ve scooped up even more awards this year compared to last is testament to the hard work and dedication of the entire iProperty.com Team who strive to continuously improve our network of websites by creating innovative products and services that help us stay ahead in the market,” said Grove.

The Awards will be presented at a gala dinner to be held at the Marina Mandarin Hotel in Singapore on 16 July 2009.