Empowered Life Empowering The Filipino
Buying property in the Philippines can become complicated especially if one is not attuned to the processes and fees involved. The local industry is characterized by a lack of transparency, questionable tactics by unreliable agents, and painfully slow processing. Fortunately, Singapore’s leading proptech startup Ohmyhome is bringing innovation to the real estate market in the Philippines.
Tech and innovation in real estate
Ohmyhome aims to streamline the way people buy, sell, and rent their properties. Housing transactions are instantly quicker and more affordable as the platform helps customers make informed decisions with the relevant information.
Homeowners can enjoy seamless, end-to-end property services with the free DIY platform. Here, home searchers and homeowners can get connected for free. You can also access all-genuine and unique listings to find the right property for you.
The platform also offers virtual tours for prospective buyers, making it easier for customers to find new homes and ensuring their safety with contactless transactions.
There is also the option of full-time in-house property agents at a reasonable price. With this, the bulk of the work can be accomplished by Ohmyhome’s proprietary technology, which can generate leads and match buyers to sellers.
Esteemed women leaders at the forefront
Sisters Rhonda and Race Wong are the co-founders of the proptech platform.
Co-founder Rhonda Wong has won the Women of the Future Awards Southeast Asia 2020 under the Property, Infrastructure, and Construction category and serves as the Chief Executive Officer. During the height of the global health crisis, she started live and interactive webinars titled ohtalks! to further educate homeowners about the industry. Previously, she was also CEO of the real estate consultancy firm, Anthill Realtors.
Race Wong, its Chief Operating Officer and co-founder, was awarded the Glamour Award for Outstanding Woman in the Entrepreneur Category. She was also a co-founder and Executive Director for Anthill Realtors.
Proptech for the Philippines
Ohmyhome was launched in Singapore in 2016 and Malaysia in 2019. In a few years, the company has transacted over $1.6 billion worth of real estate. It received Series A funding of $2.9 million from Golden Equator Ventures and an undisclosed amount from Secondary Ventures for Secondary Market.
Its launch not only provides value for money for customers but also bridges the real estate markets of Singapore and the Philippines. The local team is targeting 2,00 listings and 80 properties for the first quarter. Moreover, they also aim to elevate the competence level of local property agents, the same way that their agents in Singapore are at the top 0.1% level.
Empowered home buyers
For exclusive real estate deals and tips, download Ohmyhome on Google Play and the App Store.
To learn more about Ohmyhome, visit their official website, Facebook, and Instagram.
Sources: Business Mirror, A Magazine Singapore, RICS Asean, Crunchbase, The Business Times Singapore, E27