SINGAPORE - Media
OutReach - 22 September 2020 - Ohmyhome, the
Singapore-based unique one-stop proptech solution to property needs in
Southeast Asia, today announced their official launch in the Philippines, their
third location after Singapore and Malaysia. The proptech company will be
serving Philippines housing transactions with its full suite of end-to-end
property services, from professional real estate agents and mortgage to
renovation and more.
Operating on a hybrid
model that combines the best qualities of a Do-It-Yourself (DIY) platform and
fully-fledged agency services, the proptech company is tackling traditional
property pain points that are rampant in the Philippines real estate industry
such as the lack of transparency, unreliable agents, slow feedback, and
fragmented property services.
The expansion brings
several benefits for Singapore property buyers and investors. It opens up a
new, trusted, and reliable avenue for sourcing real estate investments in the
Philippines. Conversely, with the Singapore listings accessible to house
hunters in Philippines, Singaporean homeowners and landlords will be able to
reach potential tenants and kickstart negotiations earlier.
Philippines' Untapped Potential
Ohmyhome brings their
comprehensive suite of services to the rapidly-growing Philippines market. The
burgeoning property market in the Philippines holds great potential but its
nascent development also means that there are areas for improvement. With
Ohmyhome's best-in-class property solutions and proven track record, expansion
into the Philippines market is the next logical step to growing its presence in
The proptech company
has spent the last nine months building up its capabilities to ensure a smooth
launch in the Philippines. It targets to have 2,000 listings and 80 properties
transacted in the first quarter of its launch.
"We believe that the
Philippines property market will remain resilient as there is a huge unmet
demand for housing and investors are still interested in property for long-term
investments. When Community Quarantine measures are lifted in the Philippines,
we expect to see a surge in property deals arising from pent-up demand from
buyers." shared Rhonda Wong, CEO and
co-Founder of Ohmyhome.
"Furthermore, we are
confident that users will find our unique features like our proprietary
algorithm that efficiently matches buyers and sellers, reducing the time
required for manual searching a welcome change in the property transaction
space," she added.
For more information, please visit: https://www.dropbox.com/sh/gzfj9x3dby9bkuo/AACawaU5HObRbiJwLEymGtWJa?dl=0