Ohmyhome Empowers You to Sell, Buy or Rent your HDB your Way

Ohmyhome, a real estate platform and a CEA licensed real estate agency which lets users buy, sell or rent HDB flats on their own, has received tremendous support and interest
from users since its beta launch in May 2016. Data has shown that there is growing acceptance towards
this new and convenient method of transacting.

Pic credits to: HardWareZone
Ohmyhome was officially launched in September 2016. It is the first real estate mobile application
platform in Singapore to directly connect Housing and Development Board (HDB) buyers to sellers, and
tenants to landlords. According to the Ministry of National Development, there has been an evident
increment in Do-It-Yourself transactions as figures show that it has doubled to 25% since 2010, pointing
to a trend and demand in this market space.


Rhonda Wong, CEO of Ohmyhome, commented “Ohmyhome is conceptualized as we recognized that
there is a strong demand in the property market for a platform or avenue for DIY-oriented users in this
modern era. By providing a free platform and optional flat fee agency services, we are able to revolutionize
the way HDBs are transacted. I am also pleased to share that we have seen a 7% week-on-week increase
in the number of Ohmyhome users, and 10 to 30 listings have secured buyers or tenants each month.”
Committed to being easy, honest and free, the platform connects home-owners to home-searchers
directly:

1. Ohmyhome is Easy
With the tagline ‘My Home My Way’, the platform equips the user with relevant features and the
right information to be able to complete the purchase or rental on their own. A step-by-step guide
provides users with the necessary hand-holding to list a HDB for sale or rent. A simple user
interface allows users to easily search and view listings, as well as contact the owner.

2. Ohmyhome is Honest
While most products in the property market allow a flat to be listed more than once by agents
and owners, Ohmyhome listings are tied to each address and only allows owners to list to ensure
that there is no duplication.

Should users require additional help, Ohmyhome can provide them with a licensed housing agent
at a flat fee regardless of the transacted price. Committed to being transparent, the platform
clearly lists the scope of work to ensure that all agents deliver the same level of professionalism
and standards.

3. Ohmyhome is Free
Not only is listing and browsing free of charge, users do not have to pay to contact owners to
make an enquiry or arrange a viewing. Furthermore, the platform does not charge commission
for successful transactions. This means that users are able to complete a transaction on their own
without additional costs or having to engage a real estate agent.

For those who require temporary assistance, users can call Ohmyhome’s free-of-charge hotline
to seek help. Agents specializing in HDB transactions will attend to them and guide them through
the steps at no cost. This further encourages users to attempt to buy, sell or rent on their own.

With Ohmyhome, the user is in direct control of their housing decisions and are able to buy, sell or rent a HDBs their way.

Mrs Bin, an Ohmyhome user shared her experience, “Selling a house is a major burden as I don’t know
where to start. When I came across Ohmyhome, all my worries were eased. The whole process became a
breeze. I had my first viewing within one week, and the Option To Purchase (OTP) was signed by the third week. I would definitely recommend Ohmyhome to everyone!”

Race Wong, executive director of Ohmyhome, said, “We have begun work on our new features and we look forward to introducing the ‘DIY’ way of transacting to more home-owners, home-searchers, tenants and landlords.”

Ohmyhome has started to explore new features, such as Open House where owners can set a date and
time for all interested parties to see the house, to further encourage more potential buyers for home
viewing without the pressure of making an appointment, which in turn increases the home owners’ chances of success.


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