SINGAPORE, July 2001
- vlifestyle.com, a premier Internet
community hub, and Propbuzz.com.sg Pte Ltd ("Propbuzz") is Singapore's leading
provider of information resources, technology applications and marketing solutions
to the real estate and related industries.
Propbuzz Holdings made a strategic acquisition of another real estate portal,
PropertyLifestyle.com Pte Ltd, one of the leading players in the industry.
"The acquisition is a clear demonstration of the commitment of the shareholders
to make Propbuzz the leading property portal in Singapore. Propbuzz's strength in
commercial and primary residential listings will be enhanced by PropertyLifestyle's
focus on the secondary resale market," said Mr. Martin Tan, Chairman of Propbuzz Holdings.
PropertyLifestyle started out as RealTools in 1995, and had since built an
unsurpassed strength in secondary resale market. It was a leading property portal
that powered many search engines and Internet Service Providers (ISPs).
# # #
About vlifestyle.com
vlifestyle.com is a leading community hub developed to providing
lifestyle-oriented contents and building niche online networks. As a premier online
navigational guide to exciting and up-to-date information, vlifestyle.com is enhanced
with user-friendly platforms, such as customization, tracking and text-to-speech
technology. The company also provides online business services designed to enhance
vlifestyle's clients's Web services, including hosting, application development and
consultancy. The company's regional Web network has 18 hot channels, including car,
movies and music.
vlifestyle.com also owns PropertyLifestyle.com Pte. Ltd. PropertyLifestyle.com is
the formalisation of a merger between eProperty of vLifestyle.com Pte Ltd and The
Central Property Exchange (also known as "the Exchange") of the Power Purchase Group
Pte Ltd. To date, PropertyLifestyle.com provides real estate information in Singapore
and other regional cities/countries, including HongKong, Malaysia, Philippines and
Thailand
PropertyLifestyle started out as RealTools in 1995, and had since built an unsurpassed
strength in the property resale market. It was a leading property portal that powered
many search engines and Internet Service Providers (ISPs).
About propbuzz.com.sg
Propbuzz.com.sg Pte Ltd ("Propbuzz") is Singapore's leading provider of information resources, technology applications and marketing solutions to the real estate and related industries.
At the heart of Propbuzz's operations is www.propbuzz.com, a real estate Internet portal developed to be an online real estate community to fulfil the needs of individuals as well as those of real estate professionals and businesses.
We were launched as Propbuzz Holdings Pte Ltd in November 2000 through the pedigreed partnership between leading property developers, CapitaLand (through pFission), City Developments Limited and MCL Land Limited, and leading international property consultants CB Richard Ellis and Jones Lang LaSalle.
Contact
vlifestyle.com Tel : +65 65388290 Fax : +65 65388291 e-mail : jesonwu@vlifestyle.com
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propbuzz.com.sg Tel : +65 63777137 Fax : +65 62718837
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