Ohmyhome Plans Expansion into Third Market in the Region

March 20, 2020 – Property technology company Ohmyhome today announced that it will be expanding into its third market following the success of Singapore and Malaysia. The company will venture into the as-yet-unannounced South East Asian country in Q2 2020, and will offer its technology and services to combat the current industry inefficiencies there. Home buyers and sellers in the new market can look forward to buying and selling their properties at record-breaking speed.

 

Rhonda Wong, CEO and co-founder of Ohmyhome shared, “The deciding factor for entering into this third market was Ohmyhome’s perfect product-market fit. Currently, there are no quality options available in the market. By localising our application and technology, we hope to bring about changes which will allow individuals to transact at a much faster speed through a seamless transaction experience.”

 

As part of the expansion, Ohmyhome will be applying its machine learning formulas to in-market data, to ensure greater accuracy for matching potential homebuyers and home tenants.

 

Process automation will expedite the home ownership journey in the third market, while providing users with guided prompts for every step. Personalized property reports on the valuation of a home will also be automatically created through the incorporation of data analytics. Moreover, market data will be augmented by information pulled from multiple data sources that will offer more granular insights into the property market. Through this, Ohmyhome hopes to continuously deliver quality services to buyers and sellers in all three markets.

 

Rhonda adds, “We are constantly looking at how we can improve the user experience of our customers. It is our priority to constantly evolve in our technology and processes so that potential buyers and sellers can transact in a much more efficient manner through Ohmyhome.”

 

At present, close to 5,300 homes in Singapore and Malaysia have been transacted through Ohmyhome, which represents a combined value of S$1.6 billion. More than 8000 buyers and sellers have also engaged with Ohmyhome’s value added services.

 

Ohmyhome started with the simple premise of providing the best of both worlds in property transacting by facilitating both DIY transactions and providing in house agent services. The company has since evolved into a one-stop platform, offering essential transaction-related services such as conveyancing and mortgage advisory, as well as post-purchase services including renovation and moving.

 

By creating an integrated ecosystem of property services, Ohmyhome ameliorates the complicated and time-consuming process of transacting property. Buyers and sellers on Ohmyhome can enjoy the convenience and simplicity of a single app solution that provides complete end-to-end services for all their property needs.

SHARE THIS STORY

Share on facebook
Share on twitter
Share on linkedin
Share on email

RELATED POSTS

Mental Health Tips for When You Get Back in the Office

Mental Health Tips for When You Get Back in the Office

The COVID-19 pandemic has brought a lot of challenges for employees working from home. As we are fast approaching the post-pandemic world, we have to start getting accustomed to heading back to the office again. No doubt, it is going to be difficult adjusting to the long-forgotten habit of getting ready early in the morning, putting on your finest work clothes, working till 7pm in your suffocating cubicle and dealing with horrible bosses and gossipy colleagues face to face.

Top Three Online Job Portals in China for English-Speakers

Top Three Online Job Portals in China for English-Speakers

China is a fast-growing economy and currently boasts the second-largest economy in the world behind the United States. Many people from around the world have tried searching for jobs and achieving career success in the country. The majority of English-speaking people in China find work in multinational companies that are mostly located in metropolitan Shanghai and Beijing.

How Does a Startup Become a Unicorn

How Does a Startup Become a Unicorn

In the startup world, a unicorn refers to any startup with a valuation of over US$1 billion. Companies like Airbnb and Netflix fall under the unicorn category. As of 2021, there are 650 unicorns in the world with a cumulative valuation of US$2,173 billion.

Meet the Young Woman Who Saved Kenya’s Plastic Waste Problem

Meet the Young Woman Who Saved Kenya’s Plastic Waste Problem

Kenya has a huge plastic waste problem. A 2015 report found that the Kenyan capital Nairobi produced around 400 tons of plastic waste every day. Yet, less than half of that had been recycled. Despite outlawing single-use plastics in 2017, the country is still drowning in them. The Dandora landfill, located in the heart of the Nairobi slums, currently receives more than 2000 metric tons of waste daily.

How Can Your Company Become More Energy-Efficient

How Can Your Company Become More Energy-Efficient?

Countries and companies are consuming too much energy today. The abrupt power cuts in China are a testimony to that. The country was forced to cut power across factories and towns to meet their energy goals. Energy efficiency—using less energy to do more—does not have to be this challenging and cumbersome, not for large corporations or startups.

Cyberport Venture Capital Forum

How Will Humans and Technology Interact in the Next Decades?

While the world has witnessed a rapid digitalization of our everyday life in the course of the pandemic, attention has been brought to the debate that has long been around–how should humans and technology interact? And how do we prepare for new developments? In response to this, Dr. David Siegel, Co-Chairman and Co-Founder of financial sciences company Two Sigma.