News

#1 HDB App Ohmyhome Enters Private Property Market with DIY Transaction Platform

SINGAPORE -�Media OutReach�- 28 March
2019�-�Singapore's #1 HDB app Ohmyhome announced
today it has officially launched into the private housing market. Home buyers
and sellers of private properties can now take advantage of the platform to
manage and handle housing transaction journey on their own (DIY). Ohmyhome also
introduced its suite of end-to-end services which include on-demand agent,
mortgage advisory and legal services for the next step in the transaction
process.

Having successfully
facilitated more than 2,300 HDB resale transactions since its launch in 2016,
Ohmyhome is now bringing its successful model into the private market. It has
been Ohmyhome's vision to extend its services to everyone in the housing market,
including those looking to transact their private properties. Ohmyhome will
also be able to serve the large market segment of HDB flat owners looking to
move to a private property and vice versa. With the market expected to pick up
after Q1 as home buyers and sellers re-enter the market, Ohmyhome offers them a
DIY way for a simple, fast and affordable transaction.

Free-To-Use Platform to Buy and Sell on Your Own
(DIY)

Completely free to use, Ohmyhome's DIY platform connects home buyers and
sellers directly to each other and helps them handle the transaction on their
own. Without an agent, home buyers and sellers save on agent commission which
is typically around 1% - 4% of the selling price.

A Different Kind of Agent Service

For those who prefer professional assistance with selling their house,
they can opt for Ohmyhome's tech-enabled full agent service. Ohmyhome
professional agents are aided by technology that automate part of the
transaction process such as advertising and generation of weekly performance
analysis for the listings, and produce data-driven property reports.

To provide the
highest service quality, Ohmyhome adopts a unique 'engage the company, not just
the agent' approach. The home seller's needs are first accessed before they are
matched with the right in-house agent specializing in that geographic area and
property type. Agents are supported by a dedicated team in customer service,
marketing and technology, and provided unlimited marketing budget to accelerate
the selling process, with the fastest deal closing recorded at three days. The
full agent service, starting at 1% agent commission, provides a simple, fast
and affordable home selling journey from search to closing.

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