Powered by MOMENTUM MEDIA
realestatebusiness logo

Breaking news and updates daily. Subscribe to our Newsletter!

Home of the REB Top 100 Agents
Breaking news and updates daily. Subscribe to our newsletter

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

Domain gains access to millions of Asian investors

By Nick Bendel
28 November 2014 | 1 minute read

Domain has potentially expanded its market 15-fold after partnering with a major Asian listings portal.

Advertisement
Advertisement

The agreement will see Singapore-based PropertyGuru connect South-East Asian investors to Fairfax's Domain.com.au and CommercialRealEstate.com.au.

This makes Domain’s 400,000 residential and commercial listings available to the 10 million Asian buyers that use PropertyGuru’s websites, according to Domain.

It also gives Australian buyers access to the one million-plus listings on PropertyGuru, which covers Singapore, Malaysia, Indonesia and Thailand – countries with a combined population of 352 million, compared to 23.5 million in Australia.

PropertyGuru users consistently rank Australia as one of the top three overseas destinations for property investment.

Domain Group chief operating officer Tony Blamey said the partnership would allow the two listings portals to offer an improved experience for agents.

“We will continue to explore opportunities to exploit synergies in our broad range of real estate media, data and software services to real estate agents, corporate clients and consumers in Australia and South-East Asia,” he said.

PropertyGuru CEO Steve Melhuish said the two parties had a shared commitment to serving real estate advertisers and consumers.

“By working together, we will not only be able to provide more value to home buyers, sellers, and investors, but also create robust initiatives that will allow our clients to connect with potential clients, and grow their businesses even more rapidly,” he said.

Domain gains access to millions of Asian investors
invest
lawyersweekly logo

Tags:

ABOUT THE AUTHOR


Listen to other installment of the Real Estate Business Podcast

 

Do you have an industry update?

top suburbs

12 month growth
Warren
49.59%
Mullumbimby
49.48%
Waverton
49.18%
Blairgowrie
48.97%
Porepunkah
48.95%
Streaky Bay
48.89%
Bruce
48.67%
Koolewong
48.46%
Failford
48.4%
Victory Heights
48.22%
SEE AREA REPORTS ON SMART PROPERTY INVESTMENT WEBSITE
Subscribe to Newsletter

Ensure you never miss an issue of the Real Estate Business Bulletin.
Enter your email to receive the latest real estate advice and tools to help you sell.