VRHouse.com.tw acquired by iProperty.com Group

Singapore - Leading online property player, iProperty.com Group has added to its network of portals with the acquisition of popular Taiwan property buying website, VRHouse.com.tw.

"Our experience in Singapore, Hong Kong, Malaysia and the Philippines allows us to bring a strong value-added proposition to VRHouse.com.tw. We also look forward to working with the dynamic, entrepreneurial local team to further dominate the Taiwan market and the region at large," Patrick Grove, executive chairman for the iProperty.com Group, said.

According to Grove, the acquisition completes the Group's "ownership of market-leading property portals across the Chinese diaspora in the region".

The news also follows iProperty.com Group's recent launch of a luxury website, iLuxuryasia.com.