An online portal that streamlines property transactions, from buying to selling, is coming to the Philippines.
Singapore’s leading property tech startup Ohmyhome is designed to serve customers in the entire buying and selling process by providing a unique hybrid model of a DIY (do-it-yourself) platform and agency services that help ease pain points for buying, selling, and renting.
“We are very different from property classified platforms,” said co-founder and chief executive Rhonda Wong.
“Our focus is not on advertising but on helping customers transact. We take care of the entire transaction process—from search and deal-closing all the way through legal documentation and mortgage advisory—making it simple for both first time property buyers to seasoned investors to transact real estate.”
According to Ohmyhome, this model has been proven highly successful in Singapore and Malaysia, where it provides an estimate of 2,000 housing transactions per month.
The platform has also garnered 300,000 application downloads, over 175,000 active users, and 15,000 unique listings of real estate properties to date.
Launched in Singapore in 2016, Ohmyhome is anchored on three primary advantages—simple, fast, and value for money.
“First, Ohmyhome is simpler. Clients can choose whether to do it themselves through the DIY option or engage an experienced in-house agent who can evaluate their needs. Second, it is faster. Consumers can search through unique listings and access services that can get the job done three times faster than market norms in Singapore and Malaysia.
“And finally, it gives the clients their money’s worth, with efficient and reliable housing services.”
The option to DIY is offered for free. Home buyers and sellers will be able to manage their transactions on their own and connect directly with interested sellers and buyers.
Customers who don’t DIY can opt for full agent services, said Wong. The full service includes market research on estimated valuation, powerful database matching of potential buyers, hosting property viewings, documentation, and more.