Ohmyhome is planning to expand into Malaysia this year

Ohmyhome Pte Ltd, a Singaporean, all-in-one proptech platform for the real estate market in the country, has a plan to move into Malaysia, as it looks towards bigger markets to dip its toes in. 

Ohmyhome chief executive officer and co-founder Rhonda Wong stated that the company will kick off operations in Malaysia, starting with the Klang Valley, in mid-2019.

Launched in September 2016, Ohmyhome operates a one-stop platform aiming to simplify property transactions, allowing do-it-yourself (DIY) transactions at no charge to the buyer or seller.

Users can also engage an agent — the company has full-time ones — to assist in their buying or selling and pay only for the services required. Access the platform via an app or the website www.omh.sg.

“We have been planning to expand into Malaysia since when we started because it is a much larger market compared with Singapore. Our playbook will be made by our expansion into Malaysia,” she said.

To date, Ohmyhome has facilitated over 2,500 transactions in Singapore, with about 50,000 active users monthly.

To keep its platform up to date, the company removes listings by users that have not accessed the platform within a month, unlike many other platforms which include unavailable properties and dummy listings.

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