PropertyGuru top property site in Malaysia

PropertyGuru.com, the region's leading property site, is now the market leader in Malaysia with 42 percent market share as verified by leading independent cross-platform measurement company, ComScore.

ComScore's data showed that PropertyGuru.com also held the pole positions in the Singapore, Thailand and Indonesian markets.

"Globally, over 14 million property seekers use our online sites monthly to find homes, discover market trends and insights and to conduct research.

"We have over 1.3 million properties listed regionally, enabling home transactions worth US$12 billion (US$1 = RM3,89) per year," PropertyGuru said in a statement today.

PropertyGuru Malaysia Country Manager, Sheldon Fernandez, said this was a further reflection of the company's growing traction among key demographic segments and stakeholders as the go-to property resource for house-buyers, real estate agents and so on.

He said the online property site group was now the top destination for new projects for consumers searching for homes in the primary market.

"It's not just about the effectiveness of our marketing, but also how we have provided value in bridging the information gap in the property market.

"Our goal is to cover almost every new project launched this year and 2016 is going to be a big year for PropertyGuru despite the slowdown in the property market," he said.