Ohmyhome Business Summary

Ohmyhome Ltd (OMH) operates as a data-driven property technology platform providing a "one-stop-shop" for real estate transactions and home-related services in Southeast Asia, primarily Singapore, Malaysia, and the Philippines. The company generates revenue through a diversified model comprising transaction-based brokerage fees, recurring property management fees, and service fees from its "emerging" segment, which includes home renovation, mortgage referrals, legal services, and insurance. Its business is structured into two primary segments: Brokerage, Emerging, and Other Related Services, and Estate Management Services. In a highly fragmented market, Ohmyhome competes with regional giants like PropertyGuru and EdgeProp, as well as international proptech firms such as Redfin and Lifull, positioning itself as a vertically integrated solution that leverages its proprietary HomerAI technology to streamline the end-to-end property lifecycle for mass-market consumers. Founded in 2016 by sisters Rhonda Wong and Race Wong, the company underwent a significant leadership overhaul in early 2026 to strengthen its corporate governance and digital marketing capabilities. As of February 2026, the Nasdaq-listed entity is led by Co-CEOs Agus Prasetyo—who also serves as Chairman and brings extensive digital strategy expertise—and Novianto Tjhin. While the founders remain integral to the brand, Rhonda Wong transitioned in late 2025 to lead the company’s core regional operations as CEO of its subsidiaries, while Race Wong continues to serve as Chief Product Officer. The board was further bolstered in January 2026 by the appointment of Chin Chee Yen as Independent Director and Audit Committee Chair, bringing over 25 years of financial management experience. Notable institutional shareholders include Citadel Advisors, Renaissance Technologies, and UBS Group, reflecting the company’s status as a publicly traded micro-cap entity on the NASDAQ.