HDB Flat Seller Successfully Secures Buyer in Two Days through DIY platform Ohmyhome
HDB Flat Seller Successfully Secures Buyer in Two Days through
DIY platform Ohmyhome
SINGAPORE – 10 January 2017
| Local real estate platform Ohmyhome sets a stunning new
record for Do-It-Yourself property transactions when a HDB flat seller
successfully secured a buyer just two days after listing, with the buyer
signing off on the Option to Purchase (OTP). Not only is this believed to
be the platform’s quickest deal to date, it is considered a quick
deal in general. A property typically takes close to three months on
average to find a buyer.
The 92sqm Housing Development Board (HDB) flat is a 4NG apartment
located in Ang Mo Kio, and has 3 bedrooms and 2 bathrooms. The seller then
came across Ohmyhome and listed the flat on Thursday, 13 October 2016. The
seller received interest from the buyer and arranged the viewing the next
day, 14 October 2016. The OTP was granted to the buyer and on Saturday, 15
October 2016, the buyer exercised the OTP, indicating a serious intent to
purchase the flat. The price agreed upon is around market rate.
The seller shared, “It has been an easy and smooth process using
Ohmyhome to sell the flat and I’m happy I chanced upon it.
What’s good is that I can simply sign up and post my listing on
Ohmyhome for free! Prior to using Ohmyhome, I had engaged an agent to
market the property. However, I didn’t get any updates from him for two
weeks. That’s when I decided to try out Ohmyhome. I am surprised at how it
helped me speed up the process and take control of my
By managing the sale of the flat on their own, the seller is in direct
control over their housing decisions and is able to directly communicate
with the buyer. They are enabled by the Ohmyhome platform which connects
home-searchers to home-owners directly and for free. The sale follows
other successful DIY transactions done through Ohmyhome’s platform
for DIY-oriented users, revealing a growing acceptance towards this new
and convenient method of transacting.
Commenting on the transaction, Ms Rhonda Wong, CEO of Ohmyhome stated,
“I’m delighted that the seller had a wonderful experience
using Ohmyhome. We are all about helping users do things their way, hence
our slogan ‘My Home My Way’. At Ohmyhome we empower users with
the option to transact by themselves, while providing them free assistance
along the way, making something that’s seemingly difficult become fun and
The application recently added the Open House feature to its mobile
application to improve user experience and further simplify the selling
and buying process of a HDB flat.