Singapore – Following the company’s expansion to the Philippine market, Singapore-based proptech company Ohmyhome is extending its cross-border transaction solution to the country.
The recent company ensures property buyers and investors from Singapore, Malaysia, and the Philippines to conduct property deals, while ensuring local agents will work on their parts in these deals. Such cross-border transaction solutions enable foreign investors to rely on trusted local agents to transact on the deal, unlike on the traditional way of hiring third-party agents which may pose trust issues on transacting a property deal.
“The problems in cross-border real estate transactions have been around for a long time. We saw an opportunity to bring value to our customers in this overlooked area of the market by leveraging on our unique strengths as a regional proptech company. Having knowledgeable agents on both sides present at the same time and working together in the customer’s best interest provides a reliable and hassle-free experience for our cross-border customers’ real estate journey,” Rhonda Wong, CEO of Ohmyhome stated.
She also added that Singaporeans have always inquired about Philippine property investments, and since then the company has dealt regularly with Singaporean customers in regards to property deals.
“With Ohmyhome’s unique agency model where every agent works as a full-time professional and not as a freelancer, customers can be assured that no effort is spared in getting the best investment for their cross-border property deals,” Wong said.