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Rhonda Wong: Singapore’s Rice Bowl Awards Founder of the Year and Ohmyhome’s CEO

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Winning Singapore’s Rice Bowl Awards Founder of the Year 2019 definitely helps to cement Ohmyhome’s achievements and reflects the hard work of everyone at the company. It’s a combination of our team’s dedication to providing the best service, the support of our customers and the efficiency in our technology.

Contents:

  1. Who is Rhonda Wong?
  2. Co-founding Ohmyhome
  3. Ohmyhome Launch in Malaysia
  4. Awards and Achievements
  5. Career and Interests
  6. Media Features in Singapore
  7. Media Features in Malaysia
  8. Event Appearances in Singapore
  9. Event Appearances in Malaysia

Looking back now as an adult, I see that there were times when we struggled financially. Whenever we did better, we would buy a new home. Once a crisis hits, we moved into a smaller, rented place. In total, we moved 15 to 20 times. But I never felt poor because there was so much love in our home.

Who is Rhonda Wong?


Born in Malaysia and raised in Singapore, Rhonda Wong serves as Chief Executive Officer (CEO) and Co-founder of Ohmyhome.

Rhonda graduated with distinction from Ross School of Business at the University of Michigan, with majors in Finance, Entrepreneurial, Accounting and a minor in Economics. While in University, she was also awarded the Carson Scholarship to study public policy in Washington D.C. Upon graduation, Rhonda joined Nico Trading Chicago and was the only female trader employed at that time.

We only have 23 property agents but we rank fifth in total volume sales in Singapore. Most of the agencies have over 3,000 agents.

Co-founding Ohmyhome


Rhonda’s wealth of experience in the business and the real-estate sector has helped her drive the company to become Singapore’s first one-stop property solution. Her mission is to simplify housing transactions and provide an enhanced home search experience that saves time and money.

Anthill Realtors, launched in 2014, was yet another business Rhonda ran while trading on the side. Together with Co-founder and currently, Ohmyhome CPO Race Wong, she managed investors’ portfolios. The business took off and was soon handling more than 100 investors’ portfolios in seven countries around the region.

But while Anthill was profitable, Rhonda and Race didn’t feel an emotional connection to what they were doing. So when Anthill had $200,000 to pump into innovation, Race suggested that they focus on HDB flats.

Today, I devote my time and energy into building a business that is instrumental in making life simpler.

Ohmyhome launched in September 2016, it’s already had its fair share of headlines. Rhonda, given her love of all things numbers-related, can’t complain about the digits: more than 300,000 users, more than 4,500 homes transacted (with a combined value exceeding $1 billion), more than $20 million in commissions saved by customers, and most recently, raising a cool $4 million from venture capitalists.

rhonda-wong-singapores-rice-bowl-awards-founder-year-and-ohmyhomes-ceo-rhonda-race

It’s impressive stuff, but it’s not the reason why Rhonda shows up at work every morning. Ohmyhome, she believes, is fundamentally about family and helping those who cannot afford the time and money to wade through agents, hidden fees, and confusing information in the market.

When the first flood of customers came, we were completely overjoyed-but at the same time overwhelmed. We worked tirelessly to meet the demand because the last thing we wanted was to turn away customers or disappoint them.

Ohmyhome Launch in Malaysia


Ohmyhome launched in Malaysia in July 2019, as part of its expansion plans in Southeast Asia
Region. It is the first cross-border one-stop property solution with its tech-enabled offerings that have served thousands of customers in Singapore.

There was very little trust in agents, despite them being professionals. Here in Malaysia, it’s not the price, it’s the trust.

rhonda-wong-singapores-rice-bowl-awards-founder-year-and-ohmyhomes-ceo-malaysia-launch

Awards and Achievements


Ohmyhome quickly emerged as Singapore’s #1 HDB app in January 2017. In March
2017, Rhonda was recognized as Women Icon at the Inaugural Women Icons Summit & Awards. She was named by LadyBoss Asia as one of the Top 8 LadyBosses who made waves in 2017.

Responsible for the overall management of Ohmyhome and driving its growth, Rhonda’s many accomplishments include leading the company to become one of the best start-ups of 2017 and Best e-Commerce Startup in Singapore Rice Bowl Awards in 2018.

Rhonda is the Founder of the Year at 2019 Singapore Rice Bowl Startup Awards.

On October 2019 Rhonda was shortlisted for Women of the Future Awards Southeast Asia 2020 under the category: Property, Infrastructure and Construction.

In my memory, I actually worked very hard helping out at the shop since I was 8-years-old. While my friends were at birthday parties on the weekends, at chalets and doing all sorts of fun things, I had to be at my dad’s shop cutting the films and running around bringing the films to be processed.

Career and Interests


Avid in giving back to the community, she has volunteered across the world from Detroit, Chicago, the Dominican Republic to Singapore and Myanmar.

As a child, Rhonda Wong wanted to be a musician. In her teens, she wanted to be a doctor. Eventually, she wound up as the only woman derivatives trader (with a job scope of buying and selling stocks) in a company in Chicago.

Rhonda returned to Singapore in 2008 and continued trading while juggling several businesses on the side: handling the import and export of military equipment; being an education consultant for schools in China, and even starting her own plus-size lingerie store.

Rhonda is a founding member of the inaugural Singapore PropTech Association which aims to innovate the traditional real estate industry. Her astute business acumen and passion for property make Rhonda a sought-after mentor at entrepreneurial and proptech events, and she is often invited to speak at schools and business leadership seminars.

Before Ohmyhome, Rhonda started Anthill Realtors, a real estate agency, at the age of 29 in 2014. Headquartered in Singapore, Anthill Realtors’ forte is sourcing investment grade properties from within and abroad, with a one of a kind concierge service.

Rhonda started consulting for property developers in 2013 and before that, she was a real estate salesperson at Savills where she was promoted to sales director within a year and was recognized as the best newcomer. Her journey into Savills was encouraged by her personal real estate investments.

A serial entrepreneur at heart, Rhonda has gathered a vast amount of experience as she had worked on several businesses including retail in Singapore; import and export of equipment from the USA and acted as a consultant on other businesses such as children’s education in Suzhou, China.

With the growth of artificial intelligence (AI) and machine learning, I expect there to be a greater reliance on these new technologies to help buyers and sellers make informed decisions about their transactions, saving them time, effort and money.

Rhonda Wong Media Features in Singapore


2016

On 11 August 2016 Rhonda and Race were featured on The Edge Singapore on how Ohmyhome aims to disrupt HDB market the DIY way.

2017

On January 2017 Ohmyhome launch was mentioned to up the ante for already crowded online property portals on SgSME.

On March 2017 Rhonda spoke with CEAnergy on how digital innovations have transformed the way property transactions are being conducted, and how technological tools can be further harnessed to realise the vision of a more productive, professional, and customer-centred industry.

On 25 May 2017 Rhonda was featured on Portfolio Mag and shared why she devotes her time and energy into building a business that is instrumental in making life simpler.

On 16 August 2017 Honeykids featured Rhonda and Race as a dream team, managing the launch of the business throughout pregnancy and new motherhood.

On 18 September 2017 Rhonda shared with the Business Times how Ohmyhome will be able to replace a significant amount of work done by traditional agents by increasing the efficiency through automation.

On 1 October 2017 The CNBC interviewed Rhonda on how Ohmyhome aims at mass market to start in Singapore.

On 2 October 2017 Bllnr uncovered how Rhonda aims to turn the millennials’ home ownership aspirations from an elusive dream into a reality.

2018

On 29 March 2018 Rhonda and Race appeared on Money 89.3FM.

On 17 April 2018 Rhonda and Race appeared again on Money 89.3FM.

On 14 June 2018 Rhonda was featured on High Net Worth about Ohmyhome’s Expansion Into Private Housing Sector on the Back Of Strong Growth.

On 20 June 2018 88.3 Jia FM featured Rhonda and Race on the segment “Singapore Entrepreneurs”.

On 26 August 2018 Rhonda shared with Entree her thoughts and challenges on how Rhonda and Ohmyhome team decided that it’s the right time to expand our operations in Malaysia.

On 29 August 2018 Rhonda was a speaker during the Singapore Business Review’s 20 Hottest Startups Panel Briefing held at Suntec Singapore.

On 26 September 2018 Rhonda was one of the Panelists during the H.E.R Asia Summit.

On 6 December 2018 Rhonda had an interview at LOVE礼生活志 Radio station.

2019

On 21 January 2019 Rhonda was featured in Her World as The Woman Changing Who is Changing the HDB Resale Game.

On February 2019 In anticipation of Singapore’s 2019 Budget Statement, The Business Times asked industry players from the local startup scene, Rhonda was featured on what she hopes 2019’s Budget will bring.

On 11 February 2019 Race and Rhonda appeared on Money Hacks episode 34 to share the top five step-by-step tips for HDB flat buyers in today’s market.

On 14 February 2019 Rhonda was featured on SgSME on her hopes for “the loosening of restrictions” in bringing foreign talent to Singapore.

On 31 March 2019 KrASIA interviewed our co-founders Rhonda and Race about Ohmyhome’s early startup journey and the bumps they’ve experienced along the way.

On 22 April 2019 Rhonda and Race appeared on Money Hacks episode 41 to discuss the most important factors to consider when buying or selling your HDB property.

On 14 May 2019 Rhonda gave her unique perspective on the elusive quest of attaining work-life balance in an interview with Business Insider.

On 11 July 2019 Our Malaysia launch was featured in the Business Times. Rhonda shared, “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.”

On 14 July 2019 Rhonda and Race appeared on CNA 938 Asia First Weekend Edition.

On 6 August 2019 Harper’s BAZAAR named Rhonda and our CPO & Co-founder Race Wong in this year’s Power List! Power list celebrates extraordinary women who are taking the world by storm with their game-changing solutions.

On 14 Sept 2019 Rhonda appeared on a TV interview with CNA Money Mind.

On 16 September 2019 Rhonda was a finalist for the ASEAN Rice Bowl Startup Awards 2019 as Founder of the Year and eventually made it to the Regional Level!

On October 2019 Singapore Weekly Women Magazine featured Rhonda and Race in the 22nd Anniversary article “Then & Now”. It’s a quick catch-up on how rapidly Ohmyhome has grown in the past 2 years.

On 26 November 2019 Rhonda shared about Ohmyhome’s focus on building solutions that streamline the property transaction process into a single trusted platform in an interview with Tech Wire Asia on “2020 to Bring Exciting Opportunities to Proptech Companies in APAC.”

On 21 November 2019 Rhonda shared key insights on how Ohmyhome successfully expanded beyond our shores in Vulcan Post.

With the current real estate market in Malaysia facing a glut, Ohmyhome will be introducing the first DIY platform in Malaysia to tackle this issue.

rhonda-wong-singapores-rice-bowl-awards-founder-year-and-ohmyhomes-ceo-malaysia-feature

Rhonda Wong Media Features in Malaysia


On 25 February 2019 Rhonda was featured on The Star Online about our Malaysia expansion.

On 10 May 2019 Rhonda and Race spoke with Business Insider Malaysia about juggling motherhood while growing a proptech company and how they’ve embraced work as part of their lives.

On 15 May 2019 Rhonda was live on BERNAMA NEWS and shared on Ohmyhome’s expansion into Malaysia and our game-changing plans for the current property landscape.

On 7 June 2019 Rhonda spoke with Awani Review about Ohmyhome’s expansion plans in Malaysia and how our one-stop property platform is well-equipped to solve the issues that plague Malaysia’s housing market.

On 28 March 2019 Rhonda was featured on The Edge and spoke about Ohmyhome expansion plans, how customer pain points are country-specific and what she hopes Ohmyhome will achieve in our first months of operation in Malaysia.

On 17 July 2019 Rhonda and Race were interviewed on Malaysia’s Chinese Radio Station My Melody FM.

On 24 July 2019 Rhonda and Race shared how to sell your home with Ohmyhome on Malaysia’s Radio Station Lite FM.

On 15 August 2019 Rhonda and Race shared how Ohmyhome makes housing transactions simple, fast and affordable on Malaysia’s Radio Station BMF 89.9.

I believe that it is important to create businesses with a double bottom line and am fortunate that I am armed with the skill sets and passion to do it well.

Rhonda Wong Event Appearances


Singapore

On May 2017 Rhonda was a keynote speaker during the CMO Innovation Summit. She illustrated how to break down complex processes into bite-sized data to easily locate pain-points in the process and push services that customers need at that point, as well as discuss the potential behind the data in identifying patterns, trends and associations to reveal customer behavior.

On 10 May 2018 Rhonda was a distinguished speaker in the 3rd Annual Asian Women in Leadership Summit.

On 6 June 2018 Rhonda was one of the speakers during JLL forum on Proptech Unleashed, the first-ever proptech forum at Innovfest Unbound, Southeast Asia’s largest innovation festival. Held at Singapore’s Sands Expo & Convention Centre, the half-day event will gather thought leaders and rising start-ups to explore how proptech – the convergence of real estate and technology – is changing the way people live, work and play.

On 27 November 2018 During the Startup Grind @ Cuppage, attendees had a fireside chat with Race and Rhonda.

On 23 November 2019 Rhonda answered questions on how female leaders are leading the charge in building teams during the Bizfest 2019’s Women Will Panel. The panel explored the traditional and technological realms of engineering, hospitality, data science, robotics, technology, design thinking and creating work cultures that empower women and involves men.

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Malaysia

On 27 March 2019 Rhonda explored on how PropTech is now the fastest and most trusted method to transact a property without ever forgetting the human touch in an event organized by Malaysian Global Innovation & Creativity Centre (MaGIC).

On 10 May 2019 Rhonda shared Ohmyhome startup stories at WeWork’s TGIF event on how we took it from an idea to a successful Series A in under two years.

On 15 August 2019 During the talk organised by Real Estate & Housing Developers’ Association (REHDA) Youth, Rhonda shared about Ohmyhome and how our game-changing housing super-platform is the new future for boosting project sales, vacant possession and customer satisfaction at a time where keeping pace with higher customer expectations in a difficult market is a constant challenge.

On 6 November 2019 Rhonda shared insights on Digitalisation & Scaling-up for Business Success at HER Malaysia Summit 2019.

Our vision at Ohmyhome is to provide a platform where home sellers and buyers have access to all the services they require, making the entire process simple, fast and affordable.

Rhonda describes herself as determined, kind and dreamer. Working closely with her on a daily basis, we couldn’t agree more! She leads Ohmyhome with passionate heart and impeccable purpose.

It takes true grit and nerves of steel to run a tech startup and become the world-class game-changing property solution.


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