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SINGAPORE, Sept. 22, 2023 (GLOBE NEWSWIRE) — Ohmyhome Limited (NASDAQ: OMH, “Ohmyhome”), Singapore’s leading proptech company, a one-stop-shop property technology platform providing end-to-end property solutions and services for the buy, sell, rent, and renovation of homes, today announced that it had the honor of hosting Sen Stanley Chang and his delegation consisting of policy-makers, non-profit leaders and private sector members across the United States at their Singapore Office on September 22, 2023. This visit aimed to explore and gain valuable insights into the Singaporean housing market, with a focus on the differences between purchasing new HDB flats, resale of HDB flats, and private properties, as well as understanding the respective market performance of each category.
Sen Stanley Chang, a prominent figure in Hawaii’s State Senate, led the delegation of 21 on this educational journey, which is part of their ongoing efforts to enhance Hawaii’s housing policies and practices. Singapore was selected as a destination for this fact-finding mission due to its renowned reputation for effective and sustainable public housing, exemplified by the Housing and Development Board (HDB).
During their visit, Sen Chang and the delegation met with Ohmyhome’s executives and experts to discuss various aspects of the Singaporean real estate landscape. The agenda included presentations and discussions on topics such as:
- New HDB vs. Resale HDB: Understanding the key differences between newly built HDB flats and those available on the resale market, including eligibility criteria, pricing dynamics, and resale procedures.
- Private Property: Exploring the private property market in Singapore, including condominiums, landed properties, and market trends.
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Market Performance: Analyzing the respective performance of new HDB flats, resale HDB flats, and private properties in Singapore’s ever-evolving real estate market.
Sen Stanley Chang expressed his appreciation for the warm welcome received from Ohmyhome and commended the company’s dedication to making the property transaction process more efficient and transparent. He stated, “Singapore’s experience in managing its housing market is renowned worldwide, and it provides valuable lessons for our delegation. We are grateful to Ohmyhome for facilitating this informative exchange, which will undoubtedly contribute to our efforts to improve Hawaii’s housing landscape.”
Rhonda Wong, CEO and Co-Founder of Ohmyhome, remarked, “We are honored to have had the opportunity to host Sen Stanley Chang and the United States housing delegation at our Singapore Office. Ohmyhome is committed to simplifying property transactions and providing access to reliable information. We believe that sharing our expertise and insights with esteemed representatives from the United States will contribute to their mission of advancing housing policies and practices nationwide.”
Ohmyhome continues to be a trailblazer in the proptech industry, offering innovative solutions that empower property buyers, sellers, and renters in Singapore and beyond.
Disclaimer: This press release is for informational purposes only and does not constitute an endorsement or partnership between
Ohmyhome
Limited and Sen Stanley Chang or the Hawaii State housing delegation.
About
Ohmyhome
Ohmyhome is a one-stop-shop property technology platform in Singapore that provides end-to-end property solutions and services for the buy, sell, rent, and renovating homes. Since its launch in 2016, Ohmyhome has transacted over 14,500 properties. It is also the highest-rated property transaction platform, with more than 8,000 genuine reviews with an average rating of 4.9 out of 5 stars.
Today, Ohmyhome is the first Singaporean company listed in the US in 2023 and the first women-only founded Proptech company listed in the US. Ohmyhome is dedicated to bringing speed, ease, and reliability to property-related services and to becoming the most trusted and comprehensive property solution for everyone.
Safe Harbor Statement
This press release contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement.
Forward-looking statements are only predictions. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our representatives might not occur.
For more information
Investor Contact:
Skyline Corporate Communications Group, LLC
Scott Powell, President
One Rockefeller Plaza, 11th Floor
New York, NY 10020 USA
Office: (646) 893-5835 x2
Email:
info@skylineccg.com
Visit the Investor Relations Website:
ir.ohmyhome.com
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