Posted on

In brief: Ohmyhome to set up ops in Philippines; S’pore, Australia sign digital economy agreement

The Ohmyhome team

Ohmyhome to set up ops in Philippines

The story: Singapore’s Ohmyhome will set up operations in the Philippines to enable Filipino homeowners and searchers to buy, sell, and rent properties in a simple, fast, and efficient manner.

What is Ohmyhome?

Ohmyhome is a do-it-yourself platform that connects buyers and sellers directly at no cost. While the other portals are focused on selling real estate, Ohmyhome is designed to serve customers in the entire buying and selling process by providing a unique hybrid model of a DIY platform and full-fledged agency services.

The portal is able to this by leveraging on its advanced technology capabilities and on its team of professional agents.

The firm claims it sees an estimate of 2,000 housing transactions per month, has garnered 300,000 app downloads, over 175,000 active users, and 15,000 unique listings of properties to date.

The company is backed by Golden Equator Capital and K3 Ventures

Singapore, Australia sign digital economy agreement

The story: Australia and Singapore have signed a Digital Economy Agreement (SADEA) to harness digital transformation and technology to expand trade and economic ties in the region, says an Open Gov report.

The benefits: The SADEA will enable trusted cross-border data flows without unnecessary and costly requirements such as data localisation, while protecting consumers’ privacy and businesses’ proprietary information.

Australia and Singapore have agreed to set new rules to prevent unnecessary restrictions on the transfer and location of data, improved protection for software source code, and ensure compatibility between e-invoicing and e-payment frameworks.

The post In brief: Ohmyhome to set up ops in Philippines; S’pore, Australia sign digital economy agreement appeared first on e27.