SINGAPORE - MediaOutReach - 3 November 2020 - Following its successfullaunch in the Philippines, the unique one-stop proptech solution to propertyneeds in Southeast Asia, Ohmyhome, today announced the expansion of itscross-border property transaction capabilities to the archipelago, allowingbuyers and investors from Singapore, Malaysia, and the Philippines to easilyconduct property deals in these three countries.

Bridging the real estate literacy gap, Ohmyhome offers an exclusive solution for SoutheastAsian investors and homebuyers by arranging for listing presentations within-house agents present from both the local and foreign office in cross-borderdeals. Agents versed in the intricacies of real estate law and financing onboth locations can now give buyers the best advice.

Rhonda Wong, CEO of Ohmyhome, said "The problems incross-border real estate transactions have been around for a long time. We sawan opportunity to bring value to our customers in this overlooked area of themarket by leveraging on our unique strengths as a regional proptech company. Havingknowledgeable agents on both sides present at the same time and workingtogether in the customer's best interest provides a reliable and hassle-freeexperience for our cross-border customers' real estate journey."

In most cross-border deals, prospectivebuyers must source for an agent in the foreign country themselves and worryabout fending for their own interests. Ohmyhome has revolutionized thecross-border property transaction experience by arranging for in-house agentsin both locations to work closely together for a seamless purchase journey.

Rhonda added, "With Ohmyhome'sunique agency model where every agent works as a full-time professional and notas a freelancer, customers can be assured that no effort is spared in gettingthe best investment for their cross-border property deals. Singaporeans areactively enquiring about Philippines investment opportunities and within amonth since the launch, Ohmyhome has successfully sold new launch condos toSingapore investors. One Singaporean buyer commented that even though they hadthe option to purchase directly from the real estate developer without usingOhmyhome, they still decided to buy through Ohmyhome because of its seamlessend-to-end cross-border transaction experience that extends post transactionservice. They found the reliability and service offerings valuable, andfurthermore, these services are provided at no extra cost to the buyer".

Since its launch last month, Ohmyhomehas added 50,000 new listings in the Philippines.