PropertyGuru's TikTok Contest Offers Free Rent Or Mortgage To Ease Home Expenses

PropertyGuru, the dominant force in Singapore's property marketplace, boasting an 82% market share, has recently unveiled a unique opportunity for TikTok enthusiasts. From 14 March 2024 to 31 March 2024, the platform is running a cash prize giveaway, offering participants the chance to have their rent or mortgage covered for a month. The generous cash prize, set at S$4,000, mirrors the average monthly rent in Singapore, aiming to provide significant financial relief to the lucky winners.

To be in with a chance of winning, TikTok users are invited to follow @PropertyGuru and engage with the giveaway post by commenting on how they would utilize the cash prize if their rent or mortgage payments were temporarily off their shoulders. Creativity is key in this contest, with PropertyGuru encouraging imaginative and innovative entries. Winners will be selected based on the originality of their responses, with five fortunate individuals being announced in May 2024.

Participants must meet certain criteria to enter the giveaway. They must be aged 18 or above, possess a public TikTok account, and reside in Singapore as either a tenant or a mortgagor. Valid proof of a tenancy or mortgage agreement in their name is required. It's important to note that employees and family members of the contest organizers are not eligible for participation. While multiple entries are permitted, each participant can only win once.

The selection process hinges on creativity, with PropertyGuru awarding five cash prizes of SGD$4,000 each. In the event of any issues with the original prize, PropertyGuru reserves the right to offer an alternative of similar value. Shortlisted participants will be contacted directly on TikTok for verification purposes, including full name and contact details. A talent release form and valid identification are prerequisites for prize collection. Should a shortlisted participant fail to respond within two business days, they will forfeit their position.

The prizes will be issued as checks, necessitating winners to collect them in person. Winners will bear any additional costs incurred from using the prizes. It's also highlighted that prizes are non-transferable and cannot be exchanged for PropertyGuru credits or other items.

Privacy and Data Use

By entering the contest, participants agree to the collection, use, and disclosure of their personal data in accordance with PropertyGuru's privacy policy. This ensures transparency and trust between all parties involved.

Beyond the Giveaway

Apart from the giveaway, PropertyGuru's TikTok account serves as a valuable resource for those navigating Singapore's property market. The account features engaging content that covers the latest trends, expert advice, and insightful tips aimed at helping homeowners and renters make well-informed decisions.

This initiative by PropertyGuru not only offers financial assistance through its giveaway but also enriches Singaporeans' understanding of the property market through its informative TikTok content. As such, it stands as a testament to PropertyGuru's commitment to adding value to its community in innovative ways.