Media Heavyweight Joins Senior Ranks At PropertyGuru

PropertyGuru Appoints New General Manager. End Quote

(1888PressRelease) July 05, 2010 - PropertyGuru.com.sg has announced the appointment of Raymond Teoh to the position of General Manager, taking full responsibility for all of the company's sales activities and revenue.

Raymond was previously the Vice President of Advertising Sales for Pudding Media. His role involved stimulating growth, as well as instigating and promoting sales initiatives across South East Asia. Prior to joining Pudding, Raymond was Assistant Vice President at Singapore Press Holdings Ltd (SPH), heading the Interactive Business Unit (IBU), where he lead a team that handled internet advertising, interactive services and new product development in the interactive space. Under his 4 year management, internet and mobile business grew almost three fold.

A veteran in the media industry with over 10 years of experience in online, print and TV advertising, Raymond has successfully launched many internet marketing campaigns and also mobile content initiatives in Singapore. Prior to moving into the Interactive Advertising business in 1998, he worked in the Information Technology sector for six years.

Raymond commented: "Property and the internet are probably the two highest growth and dynamic industries to work in and I am very excited to be able to contribute to both. I am looking forward to the challenges ahead and taking Singapore's leading property portal to new heights."

"We're delighted and fortunate to bring someone with Raymond's calibre on board. He's a well known, well-connected and successful media industry and sales veteran - making him the ideal candidate for the role. We've had a record-breaking first half, and with Raymond's experience, I'm confident we'll continue this growth trajectory and remain the dominant player," said Steve Melhuish, CEO and Co-Founder of PropertyGuru.com.sg.

Raymond succeeds Keith Low, who left the PropertyGuru team at the beginning of July.

Media Contact
Ms Winnie Khoo
AllProperty Media Pte Ltd
Contact number: 6238 5971
Email: winnie ( @ ) allproperty dot com dot sg

About PropertyGuru:
www.PropertyGuru.com.sg is Singapore's leading property and home site and the brainchild of AllProperty Media Pte Ltd, a local firm established in 2006. The site recently won the CNBC "Worlds Best Property Award" as well as the CNBC Asia Pacific Property Awards for "Best Property Portal Asia Pacific" in 2009 and "Best Property Portal Singapore" in 2008 and 2009. According to Google, Alexa.com and Experian Hitwise Singapore, PropertyGuru is the leading property portal in Singapore.

www.PropertyGuru.com.sg provides real time access to multi-media rich content covering property and home-related products, services, news, advice, guides, tools and largest online property database in Singapore. It works closely with prominent real estate developers in Singapore and overseas, over 15,000 housing agents, and home-related firms.

The site is used by over 1.6 million consumers who view 25 million pages and generate 150,000 leads for advertisers every month (sources: Hitwise, Google Insights and Alexa.com). PropertyGuru's user base has consistently grown by 15% per month since its launch. These users are 'mass affluent' and comprise 53% earning over $100k, 13% over $250k pa; 35% expatriates; 85% live in Singapore, 15% overseas (foreigners and Singapore expats); 32% own 2 or more properties (source: survey conducted by Aktiv Digital with 800 respondents).

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