Enjoy great property deals with Groupon

Customers to enjoy 93% savings on premium property cash vouchers worth RM 8,000

KUALA LUMPUR, 17 April 2012 – Groupon Malaysia has partnered with OSK Property Holdings Berhad to provide customers with special promotional discounts on its upcoming premium property, Paragon SOFO Suites & Boutique Retail @ Pan’gaea, Cyberjaya.

Available from April 16 – 30, 2012, Paragon is the 1st phase of Pan’gaea’s mix-development that consists of a low-density set of 196 SOFO Suites. This deal allows customers to purchase cash vouchers worth RM 8,000 for only RM 500, or 93% off its original value from the Groupon Malaysia website.

“From the very beginning, Groupon has sought to provide customers with amazing deals so that they in turn are able to enjoy amazing life experiences. With this new deal, we’ve taken that promise to yet another benchmark as we welcome property hunters into the wonderful world of Groupon.” said Joel Neoh, Chief Executive Officer of Groupon Malaysia and Groupon Taiwan.

Also commenting on the new deal, OSK Property Holdings Berhad said, “We are pleased to have this opportunity with Groupon which allows us to engage with customers through the remarkable power of social e-commerce, by far the best way to engage a new generation of home buyers now entering the market.”

Since the establishment of its first township in Bandar Puteri Jaya, OSK Property’s portfolio has grown to encompass a host of developments across the country. The Paragon SOFO suites will be amongst some of the most architecturally distinct developments in town with units from 503-1,350 square feet providing budding homeowners the choice of a contemporary and luxurious private space right in the heart of Cyberjaya.

“With this deal, budding homeowners will enjoy significant savings on our Paragon SOFO suites where original prices range from RM 298,800. These Groupon vouchers will allow purchasers to enjoy additional rebates on top of what is already provided during the early bird privileges.

Since entering into the Malaysian market in February 2011, Groupon Malaysia has grown to become the country’s undisputed segment leader in the group buying industry, creating significant value added propositions for merchants and considerable savings for consumers. The introduction of property based group deals marks an all new direction for Groupon and moving forward the company will continue to pursue new industries and segments with which to further expand the diversity of social e-commerce.

“The power of social marketing is fast becoming a leading channel for e-commerce throughout the world, with many merchants already seeking its integration into their business models. To that end, we at Groupon Malaysia will continue to develop new partnerships and working relationships to fulfill the demands of our customers by ensuring they not only benefit from the best deals, but also from the best customer experience possible,” said Joel.

For further details regarding the new deal visit http://osk.groupon.my