In the last three years, Manila has seen an increase in the price of flats of 12.4 per cent annually, according to the CEO of Ohmyhome. Photo: Getty Images/iStockphoto
Singaporean online property portal Ohmyhome expands into Philippines, eyeing share of steady workers’ remittances
- The home sales site will have to compete with other online portals such as Carousell, Lamudi, and Hoppler that are already operating in the Philippines
- Remittances from a vast army of overseas workers, relatively unaffected by Covid-19, are driving sales of affordable to mid-priced flats in Manila, says Colliers
In the last three years, Manila has seen an increase in the price of flats of 12.4 per cent annually, according to the CEO of Ohmyhome. Photo: Getty Images/iStockphoto
