iLuxury.com.my showcases over RM1 billion worth of the country's finest luxury real estate to local & international investors
May 26 2007, Kuala Lumpur - Malaysia's No. 1 property and real estate website, iProperty.com.my today announced the launch of iLuxury.com.my. The website, which is the first-of-its-kind in Malaysia, provides access to over RM1 billion worth of the finest new and resale luxury properties across Malaysia, including KL City Centre, KL suburbs, Penang and other regions. iProperty.com.my, which has been in existence for four years, has over 300,000 visitors every month. iLuxury.com.my is the first major initiative launched since iProperty.com.my's acquisition by Catcha Media Group.
iLuxury.com.my is a comprehensive one-stop website for potential buyers of high-end properties, equipping them with the necessary resources required to make informed purchase decisions. Resources available on the website includes: comprehensive up-to-date listings of luxury properties for both sale and rent by area, photos, maps, descriptions, information on available facilities and contact details of developers and real estate agents. By seamlessly connecting buyers and sellers, iLuxury.com.my arms developers and real estate agents with a powerful vehicle to reach out to investors and capitalise on the surging foreign interest in Malaysia's luxury property segment.
Mr. Ken Tsurumaru, CEO of the iProperty group of companies said, "With the waiver of real property gains tax and relaxation of rules for foreign buyers, the market is primed for tremendous growth, particularly in the high-end sector. As a dedicated website focussing solely on high-end properties, iLuxury.com.my provides developers and real estate agents with a powerful medium to effectively market their products and cater to the unique needs of the growing group of discerning consumers."
He added, "iLuxury.com.my is designed to be a strategic marketing tool to help developers and real estate agents maximise exposure to local and foreign buyers, raise awareness, strengthen brand positioning and facilitate sales transactions."
By utilising the easy-to use navigation function, consumers can look for new, resale and rental properties by area and sort listings by property type, size, and price. iLuxury.com.my not only services the local property market more effectively than any traditional real estate classifieds service, it also opens the local luxury property market to the global investor marketplace. Consumers can now research or shop for Malaysian properties online anytime, from anywhere in the world.
The iProperty group of companies is a subsidiary of Catcha Media Group, which intends to cross-promote the iLuxury.com.my service through its magazine title, Prestige. Said Mr. Patrick Grove, Group CEO of Catcha Media Group, "Prestige is the acknowledged market leader in the Luxury and Society magazine space in Malaysia. Its access to the most influential and affluent people in the country makes it the perfect cross-promotional platform for iLuxury.com.my, allowing advertisers a direct avenue to those Malaysians most likely to be seeking luxury property."
The iluxury website can be found at www.iluxury.com.my.
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