Ohmyhome Plans Expansion into Third Market in the Region

SINGAPORE – Media OutReach – 5 March 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.

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. 

For more
information, please visit: https://ohmyhome.com.sg.