REA Group to increase stake in iProperty

iProperty consolidates dominant position in the Hong Kong market by acquiring squarefoot.com.hk

iProperty Group Limited (ASX:IPP) today announced that REA Group Limited (ASX:REA) will increase its stake in iProperty from 17.2% to 19.4% via the issue of 5m new shares in iProperty at $3.00 per share. The shares are to be issued as consideration for the acquisition by iProperty of REA’s Hong Kong business, squarefoot.com.hk. The acquisition remains subject to iProperty shareholder approval and completion is expected to occur by the end of calendar year 2014.

iProperty already owns ...

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Budget 2015 – A First Time Home Buyer Friendly Budget

Formulated with the focus on being a people’s economy, the Budget 2015, announced yesterday, was one that addressed the issues of home ownership at affordable prices.

Commenting on the Budget 2015, iProperty Group’s Chief Executive Officer, Georg Chmiel said that while the Budget 2015 addressed the issues of affordable housing, there were no measures introduced to control the escalating house prices in the country.

“Based on a survey that we conducted prior to the Budget 2015, 62 per cent of respondents revealed ...

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iProperty.com Malaysia Invites Malaysians To Vote For Their Preferred Property Developers Or Developments

PCA 2014

In an effort to give due recognition to the unsung heroes in the property industry who have successfully shaped the skylines of Malaysia, the country’s No.1 property website, iProperty.com Malaysia is launching the first consumer selected awards for property developers.

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Malaysians Want Better Control On House Prices, Better Public Transportation And More Low Cost & Affordable Housing

While the nation waits with bated breath for the Budget 2015 to be announced on 10th October, an online survey conducted by iProperty.com Malaysia, the country’s No.1 property portal, revealed what Malaysians are hoping the budget will deliver.

Gathering more than 5,000 respondents, the online survey findings revealed the top three schemes Malaysian’s are hoping the Budget 2015 will deliver in relation to the property market.

Shedding further information on the findings, iProperty Group’s Managing Director and Chief Executive Officer, Georg Chmiel ...

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iProperty H2 2014 Survey: Sellers Up, Buyers Down

Owners keen to sell while buyers expect price declines; HDB confidence rises

Singapore, 24 September 2014 – The latest iProperty Asia Property Market Sentiment Report H2 2014, Asia’s largest consumer property sentiment survey, shows a significant shift in Singapore sentiment, with more wanting to sell (from one per cent to 16 per cent) and fewer wanting to buy now (from 22 per cent to ten per cent) as prices head lower. More respondents also expect new and resale private condominium prices will continue to decline (up from 34 per cent to 53 ...

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Home & Property Showcase Makes a Debut at Subang Parade

Property Buyers and investors will be spoilt for choices at the upcoming property exhibition organised by thecountry’s leading property portal and property exhibition organizer, iProperty.com Malaysia.

Called the Home & Property Showcase, the expo will be held at Subang Parade from 19th – 21st September 2014. The three day expo will be open from 10 am – 10pm and will be showcasing developments from leading property developers in the country.

Commenting on the upcoming expo, iProperty Group’s Managing Director and Chief Executive ...

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75% of Malaysians Perceive The Measures Introduced In Budget 2014, In Relation To The Property Market As Favourable Though Affordability And Rising Housing Prices Continues To Remain A Concern

Survey findings by the iProperty Group, Asia’s No.1 network of property portals, continue to reveal that affordability and rising house prices remain a major concern among Malaysians, despite 75% of respondents viewing the measures introduced in Budget 2014 as favourable.

The iProperty.com Asia Property Market Sentiment Survey (H2) 2014, which is the sixth iteration of the survey, was conducted on the iProperty Group’s leading websites in Malaysia (iproperty.com.my), Indonesia (Rumah123.com and rumahdanproperti.com), Hong Kong (GoHome.com.hk) and Singapore (iproperty.com.sg).

Key Findings:

The survey ...

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Strong Organic Growth Sees iProperty Group Boost Cash Collections in first half of 2014

iProperty Group Ltd, (ASX:IPP), the owner of Asia’s No. 1 network of property portal sites and related real estate services, recently released its 4C statement demonstrating the strong organic growth of the business in the second quarter as well as first half of 2014.

Cash receipts for the second quarter were A$6.0 million resulting in a net operating cash inflow of A$0.2m. Cash receipts for the first half of 2014 were A$11.3m, up 26% on the same period last year.

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8th iProperty.com International Property and Investment EXPO

8th iProperty.com International Property and Investment EXPO

Singapore, 5 June, 2014 – The iProperty International Property and Investment EXPO returns on 21st and 22nd June at the Suntec Singapore Convention & Exhibition Centre. The 8th instalment of iProperty’s flagship event brings a wide range of the latest projects for buyers looking for investment opportunities internationally. Visitors can also look forward to talks and workshops, including a number of topics on investing in Malaysia property, as well as a workshop by renowned Feng Shui expert Sharon Q.

“Property investment ...

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iProperty Survey Shows Pricing Concern Amid Unshaken Confidence in Property

Consumers seek investment, private condominiums and overseas properties

Singapore, 30 April 2014 – The iProperty Asia Property Market Sentiment Report H1 2014 (APMSR), Asia’s largest consumer sentiment survey, reveals Singaporeans’ broad support for cooling measures and expectations of falling prices, while expressing unshaken confidence in property as an investment, both nationally and internationally. It also suggests growing pent-up demand, with private condominiums top of the purchase wish list.

iProperty.com Singapore General Manager, Mr. Sean Tan stated “The cooling measures have begun to ...

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