Behind the creators of Singaporean property portal, Ohmyhome

September 17, 2019
Share this Post: 

Rhonda and Race Wong launched Ohmyhome Pte Ltd in Singapore just three years ago. Their goal was to created a startup that would become a global transaction platform that makes dealings with property more efficient and streamlined.

What the Malaysian-born sisters did not anticipate is the company’s instant success and was awarded Singapore’s No 1 Housing and Development Board App in January 2017, only four months after the application was launched.

In less than three years, the property technology firm facilitated transactions of about 4,500 homes with a combined value of over RM5 billion (about US$1 billion) as of June this year.

The firm is expanding further in the South-East Asia region, with Malaysia being the first overseas venture in July 2019.

When asked why Malaysia is the firm’s first overseas choice, CEO Rhonda said it is “a natural thing to do” as the country is home for her and her sister.

That is not the only reason. Malaysia, according to her, has a healthy real estate market with 200,000 transactions annually.

“There are many pain points in the market that Ohmyhome can bridge. We have a platform that consumers can trust when it comes to buying, selling and renting their homes,” she told The Malaysian Reserve in a recent interview.

“We are optimistic. Malaysia is a beautiful country and people will continue to live here, foreigners will continue to be attracted to invest or move here,” Rhonda said when asked to comment on the country’s property outlook this year.

Read more here

Join us November 12-15 for the Property Portal Watch Conference Madrid 2019.

Property Portal Watch Madrid Summit 2019

September 17, 2019

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Nils K
Ringier's Nils Körber on ArtificiaI Intelligence, Training the Machine, and Talking about Problems

"What would you do with one million interns?" The award for the best question at the PropTech and Portal Watch...

Read More
Untitled Design 13
As OnTheMarket Hits 15,000 Advertisers, Zoopla Fights Back with Big Agency Deal

The British property portal Zoopla has announced a new long-term listings deal with Dexters, one of London's top agencies with...

Read More
Untitled Design 12
LeBonCoin Suffers Data Leak and Boliga Comes Under Cyber Attack on Same Weekend

LeBonCoin, the leading French horizontal marketplace owned by Adevinta, has acknowledged that some of its users' personal information was exposed...

Read More
Number 2S Challenging Hero Image 2
Analysis: Can Zoopla, Realtor.com and Domain See Off Challengers and Close the Gap to Market Leaders?

Well-funded challenger portals have been generating a lot of headlines in the industry recently. CoStar has been explicit about its...

Read More

Editor's Pick