Housing and Development Board

Ohmyhome Announces Growth Updates Following Successful Acquisition of Property Management Business Simply Sakal

Retrieved on: 
Thursday, February 8, 2024

Singapore, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Ohmyhome Ltd. (NASDAQ: OMH, “Ohmyhome”), a one-stop-shop property technology platform providing end-to-end property solutions and services to buy, sell, rent, and renovate homes, as well as property management services for condominiums in Singapore, is pleased to announce significant developments and milestones following its acquisition of Simply Sakal Pte.

Key Points: 
  • Singapore, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Ohmyhome Ltd. (NASDAQ: OMH, “Ohmyhome”), a one-stop-shop property technology platform providing end-to-end property solutions and services to buy, sell, rent, and renovate homes, as well as property management services for condominiums in Singapore, is pleased to announce significant developments and milestones following its acquisition of Simply Sakal Pte.
  • Ltd. is now renamed as Ohmyhome Property Management further enhancing the one-stop brand of Ohmyhome.
  • The property management business has historically grown its business at 57% CAGR (Compound Annual Growth Rate), achieving revenue of $2.0 million (SGD 2.6 million) in 2022 with 4,648 units under management.
  • To redefine property management, Ohmyhome Property Management has also introduced Vehicle Management Systems for condominiums as a new Software-as-a-Service (SaaS) revenue source in Q4 2023 through the integration of Internet of Things (IoT) solutions.

Ohmyhome Hosts Hawaii State Housing Delegation in Singapore

Retrieved on: 
Friday, September 22, 2023

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.

Key Points: 
  • 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).
  • 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.
  • 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.

Singapore Construction Industry Report, Q4 2022: Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Size, Trends and Forecasts 2017-2021 & 2022-2026 - ResearchAndMarkets.com

Retrieved on: 
Thursday, January 26, 2023

The "Singapore Construction Market Size, Trends and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2022-2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Singapore Construction Market Size, Trends and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2022-2026" report has been added to ResearchAndMarkets.com's offering.
  • This upward revision is attributed to the resumption of all major infrastructure projects that were halted in the last two years due to the pandemic.
  • The construction industry is expected to register an annual average growth rate of 4.4% from 2023 to 2026, supported by investment on transport, electricity, water and sewage, and housing infrastructure projects.
  • Historical (2017-2021) and forecast (2022-2026) valuations of the construction industry in Singapore, featuring details of key growth drivers.

Singapore Construction Market Report 2022: Market is Expected to Register an Annual Average Growth of 4.5% from 2023 to 2026 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, May 24, 2022

The "Singapore Construction Market Size, Trends and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2022-2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Singapore Construction Market Size, Trends and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2022-2026" report has been added to ResearchAndMarkets.com's offering.
  • The construction industry in Singapore registered an annual growth of 20.1% in real terms in 2021 - up from a decline of 38.4% in 2020.
  • The industry's growth in 2021 was supported by the low base in 2020, coupled with an improvement in global economic conditions and investment in infrastructure and housing construction projects.
  • The industry is expected to register an annual average growth of 4.5% from 2023 to 2026, supported by a rise in the total value of contracts awarded for construction, coupled with investments in transport, housing, renewable energy and manufacturing infrastructure projects.

EXPLORING THE FACTS BEHIND THE ONGOING HOUSING AFFORDABILITY CRISIS

Retrieved on: 
Friday, May 20, 2022

WASHINGTON, May 20, 2022 /PRNewswire/ -- 

Key Points: 
  • Year-over-year, the prices for building materials increased 19.2% and have risen 35.6% since the start of the pandemic.
  • National Association of Home Builders (NAHB) Chairman Jerry Konter shares how supply chain price increases have added to the ongoing housing affordability crisis.
  • These historically high costs continue to imperil the U.S. housing sector and are dramatically affecting home prices and rental costs.
  • For-sale and rental housing affordability has been declining since the Great Recession due to underbuilding and now stands at more than a 10-year low.

Humming Homes Raises $8.1M To Take On Home Services Market With Recent $5.6M Seed Round Led By Greycroft

Retrieved on: 
Tuesday, October 12, 2021

Homes need constant maintenance, ranging from landscaping all the way through seasonal cleaning of HVAC, chimneys, windows, and siding.

Key Points: 
  • Homes need constant maintenance, ranging from landscaping all the way through seasonal cleaning of HVAC, chimneys, windows, and siding.
  • "Humming Homes solves the problem of how difficult it is for most people to manage their most valuable asset - their home."
  • Todays first-time homeowners have limited resources to help them through the transition from renting to owning, said Adeel Mallick, Humming Homes CEO.
  • Our target demographic, which represents just 10% of all homes in the U.S., spends close to 50% of the entire home services market.

FBFK Attorneys Honored By 2022 The Best Lawyers in America©

Retrieved on: 
Wednesday, August 25, 2021

DALLAS, Aug. 25, 2021 /PRNewswire-PRWeb/ -- The 2022 Best Lawyers in America report, based solely on peer review and the "gold standard" in the legal industry, announced that four attorneys at DFW-based FBFK law firm were included in this year's edition.

Key Points: 
  • DALLAS, Aug. 25, 2021 /PRNewswire-PRWeb/ -- The 2022 Best Lawyers in America report, based solely on peer review and the "gold standard" in the legal industry, announced that four attorneys at DFW-based FBFK law firm were included in this year's edition.
  • The report's "Ones to Watch" recognizes lawyers who are earlier in their careers for their outstanding professional excellence in private practice.
  • He is also a four-time The Best Lawyers in America honoree.
  • Kubasta is an eight-time The Best Lawyers in America honoree, currently serves as a Board Member of TeXchange DFW, and works with various non-profit organizations.

Hitachi Awarded Contract to Supply, Install 300 Lifts at HDB Blocks in Singapore

Retrieved on: 
Tuesday, May 19, 2020

SINGAPORE, May 19, 2020 - (JCN Newswire) - Hitachi, Ltd. (TSE: 6501) today announced that Hitachi Elevator Asia Pte.

Key Points: 
  • SINGAPORE, May 19, 2020 - (JCN Newswire) - Hitachi, Ltd. (TSE: 6501) today announced that Hitachi Elevator Asia Pte.
  • Ltd. has been awarded the 28th term contract for the supply and installation of lifts by the Housing & Development Board (HDB) of the Republic of Singapore (Singapore).
  • This is the largest single order for the Hitachi group's lifts and escalators business in Singapore.
  • Hitachi Elevator Asia will see the supply, delivery and installation of 300 lifts at HDB blocks.