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Friday, March 29, 2024

Home ownership remains a priority for Filipino consumers

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As tumultuous as the year 2020 was, it provided key insights into what must be prioritized to continue living comfortably and securely. Unexpected challenges make individuals and families appreciate the stability that having a roof over one’s head brings.

Homeownership remains a priority for Filipino consumers
Forecasts for Philippine real estate show a positive outlook for 2021, as upcoming business developments and major infrastructures that are set for completion this year will encourage individuals to venture into property investment.

It was in 2020 as well when Filipinos increasingly saw that property ownership can be a steadfast source of passive income even when facing an uncertain future. This is why Ohmyhome, a leading property solutions platform and an expert on real estate, believes that Filipinos—whether starting families, young professionals, or property investors—will still include homeownership in their priority list for 2021.

Race and Rhonda Wong, co-founders of Ohmyhome, say this view is supported by data culled from the Ohmyhome application and website, which were launched in the Philippines in September 2020. “In December 2020,” they says, “house and lot properties in Cavite and in Novaliches, Quezon City, garnered significant levels of interest. These locations being north and south—and on the fringes—of Metro Manila is a pleasant contradiction.”

Race and Rhonda are also anticipating a boost in real estate activity this year, noting that forecasts for Philippine real estate show a positive outlook for 2021, as upcoming business developments and national infrastructures are set for completion within the next two years.

A trusted and reliable platform when it comes to housing services, Ohmyhome believes that every Filipino deserves to own a home that they can eventually pass to the next generation and serve as an investment that helps them build their wealth. 

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One of the company’s primary objectives is to help customers reach this milestone with ease by providing a wide range of property listings in an easy-to-use platform, complemented by comprehensive agent services.

The Ohmyhome application can be downloaded via Google Play or the Apple Store, while the Ohmyhome website can be visited via any platform. Both the app and the site have user-friendly interfaces fit for prospective Filipino homebuyers. 

More than the interface, however, Ohmyhome takes pride in the way it conveys information to future property owners. 

Race says: “Through our DIY platform and services, clients are given the chance to see and study properties for sale within their price range and preferred location. We inform our consumers on the appraisal potential, and even note problems or issues that could arise for every property they take interest in.”

As Filipinos continue to prioritize home ownership this year, Ohmyhome will strive to offer better services. As Rhonda says, “the team is always working hard to improve our website and application. We want to give a more streamlined experience for property transactors on the platform. We will also be producing more content that will serve as helpful resources for app and website users.”

Rhonda assures users that they can always trust its platform and rely on their commitment to help more Filipinos achieve their dream of owning a home. “When customers are familiar with every aspect of the property they are considering, they become better-equipped to reach an informed decision and get the most value from the home they plan to purchase,” says Rhonda

Ohmyhome makes property transactions simple, fast and affordable through a DIY platform, top-tier agent services, mortgage advisory, conveyancing, and more.

It is Singapore’s leading proptech solution and a CEA-licensed real estate agency.

The DIY (self-serve) platform connects homeowners and searchers directly at no cost. Thousands of property listings are genuine, unique and simple to browse. Innovative features such as ‘ShoutOut’ and ‘Open House’ enhance the overall user experience. For those who prefer comprehensive and professional assistance, competitively priced house and condominium agent services are available.

Powered by advanced technology and trusted by customers, Ohmyhome agents are the most efficient in the market. Since its launch, Ohmyhome has 175,000 monthly active users. More than 5,300 homes have transacted through Ohmyhome, which represents a combined value of over $1 billion.

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