Proptech Start-Up Ohmyhome Expands into Malaysia

Ohmyhome

Ohmyhome

Share on facebook
Share on email
Share on whatsapp

Published: 4 July 2019 in The Straits Times

Local proptech start-up Ohmyhome has expanded into Malaysia, the company’s first overseas market.

It said yesterday that it is operating in Kuala Lumpur with plans to introduce its service in Johor Baru. The firm serves both property transactions in Malaysia and cross-border ones between Malaysia and Singapore.

Chief executive and co-founder Rhonda Wong said: “In the cross-border case, the payment will be made in the currency where the property is located. For example, if it is in Malaysia, the sale will be made in ringgit and if an Ohmyhome Malaysia agent is engaged, the fee will be paid in ringgit too.”

Users in Malaysia will be able to employ Ohmyhome’s service so that they can manage housing transactions on their own.

In contrast to a flat fee paid to Singapore’s agents, Malaysian agents get 3 per cent commission, which Ohmyhome said is in line with the market rate.

The firm has signed partnerships with large banks and conveyancing firms, which will offer housing loans and legal services.

It also has tie-ups with Malaysian developers and will feature their new projects on its platform.

Ms Wong said: “Real estate is the most valuable asset class in the world and ought to be well taken care of, and now we have made it simple, fast and affordable to manage your overseas property transaction from right here in Singapore.”

Related posts:

Consult an expert for free!

Send us your details and we’ll be in touch within 15 min (daily 9am to 9pm GMT +8).

or

Contact us your way

Talk to us today. Available daily 9 AM to 9 PM (GMT +8)

Subscribe Now

Get a notification every time we upload a new blog post.

SHARE WITH YOUR FRIENDS!

Share on facebook
Share on twitter
Share on whatsapp
Share on email

Consult an expert for free!

Send us your details and we’ll be in touch within 15 min (daily 9am to 9pm GMT +8).

or

Featured Blogs

Highlighting unique property views for every Singaporean

get an agent

Sell with an Agent

Dedicated experts at your service

Documentation Services

Leave the paperwork to us

do it yourself

Prefer to do-it-yourself?

Check out how our platform can help

Post a Listing for Free

Download the app and connect with buyers

RESOURCES

Ohmyhome E-Valuation

Know the value of your property in seconds!

Calculate Seller’s Stamp Duty

Find the amount payable when selling

How to Sell an HDB

A step-by-step guide to selling HDB

How to Sell my Private Property

A step-by-step guide to selling condo/landed

OHMYHOME E-VALUATION