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					PRESS RELEASE

FOR IMMEDIATE RELEASE


iProperty.com.my & iLuxury.com.my - First Property Websites in
Malaysia to offer Virtual Tours for Property Listings

KUALA LUMPUR, MALAYSIA, 20 November 2007 – iProperty.com.my and
iLuxury.com.my, Malaysian subsidiaries of ASX-listed IPGA Limited (ASX: IPP) announced
the addition of iVirtual to enhance property listings on the websites. iVirtual is a technological
innovation that enables the potential buyer to navigate 360-degree interior and exterior views
of a property, and view properties anytime, from anywhere.

As iVirtual works synergistically with traditional marketing tools such as photographs,
brochures and floor plans, it helps developers and agents to substantially increase the
effectiveness of their marketing campaigns and improve sales results.

Said Patrick Grove, Executive Chairman of iProperty.com.my, “While enhancing the online
property hunting experience for purchasers, iVirtual enables real estate developers and
agents to take clients on site viewings 24/7, making it a potent tool to better market
properties to both local and international buyers via iProperty.com.my.”

Commenting on her rewarding experience with iVirtual, Queenie Chen, Marketing Manager
of Big House Management Services Sdn Bhd, marketing consultancy for the Pertama
Residency Designer Suites project said, “With iVirtual, potential buyers can visit our show
unit anytime, from the comfort of their homes. After integrating iVirtual into our project listing,
we witnessed a significant increase in the number of enquires, especially from serious
buyers who contact us after seeing the property through the virtual tour. In fact, some
overseas buyers were so impressed after viewing our show unit through iVirtual, they
snapped up units instantly without travelling here to physically inspect the site.”

To date, other leading developers who have adopted iVirtual to enhance the property
shopping experience for their potential buyers include:

- TA Properties (Damansara Idaman & Idaman Residence, Petaling Jaya)
- AP Land (myHabitat, Kuala Lumpur City Centre)
- Guthrie Properties (Denai Alam, Shah Alam, Kuala Lumpur)
- Negara Properties (3Residen, Melawati, Kuala Lumpur)




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To take a peek at how iVirtual works, visit:

My Habitat Serviced Residence, Kuala Lumpur City Centre
http://iluxury.iproperty.com.my/virtualtour.aspx?a=c&pid=834

Pertama Residency Designer Suites, Cheras, Kuala Lumpur
http://www.iproperty.com.my/property/development.asp?pid=867

Cassia Phase B11 & B12, Denai Alam, Shah Alam
http://www.iproperty.com.my/property/development.asp?pid=641

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About iProperty.com.my (www.iproperty.com.my)
iProperty.com.my is Malaysia’s No.1 property and real estate website (confirmed by
Alexa.com, Comscore and Frost & Sullivan). It has over 400,000 visitors every month and
more than 22,000 quality property listings. Working with over 100 leading property
developers and more than 800 real estate agents, the website offers the largest online
database of properties for sale and rent. Established in 2003, iProperty.com.my continues to
consolidate its market-leading position, its growth continuing across key metrics.
iProperty.com.my also owns and operates iLuxury.com.my (www.iluxury.com.my), Malaysia’s
No. 1 luxury property website, and publishes a monthly magazine, iProperty.com.my.

About iLuxury.com,my (www.iluxury.com.my)
iLuxury.com.my is Malaysia’s leading luxury property website. Leveraging on the success of
the iProperty.com.my brand, iLuxury.com.my offers the discerning and affluent buyer the
most comprehensive real estate resource available in the country. From new high-end
developments and penthouses in existing elite condominiums to stunning landed property,
iLuxury.com.my is designed to provide immediate access to information on Malaysia's most
desirable luxury homes.

About IPGA Limited (www.ipgalimited.com)
IPGA Limited (ASX:IPP) is an Asian-based company with primary operations in Singapore
and Malaysia, and is focussed on developing and operating Internet-based real estate
property portals along with other complementary offerings to Asian markets. IPGA owns
online property portals in the markets of Singapore, Malaysia and Philippines, with Heads of
Agreement in place to acquire an online property portal in Thailand.

For media queries, please contact:
Chris Cheung (Ms)
Mobile: +60166031271
DID: +603 22970847
Email: chris@ipgalimited.com




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