It was in the tumultuous 2020 when Filipinos increasingly saw that property ownership can be a steadfast source of passive income even when facing an uncertain future.
Ohmyhome, a leading property solutions platform and an expert on real estate, believes that Filipinos, whether they are starting a family, as young professionals, or as property investors, will still include homeownership in their priority list for 2021.
Race and Rhonda Wong, co-founders of Ohmyhome, said this view is supported by data culled from the Ohmyhome application and website, which were launched in the Philippines in September. “In December 2020,” they relate, “house and lot properties in Cavite and in Novaliches, Quezon City, garnered significant levels of interest. These locations being north and south” and on the fringes “of Metro Manila is a pleasant contradiction.”
Real estate boost seen
The company anticipates a boost in real estate activity this year, noting that forecasts for real estate show a positive outlook for 2021, as upcoming business developments and national infrastructures are set for completion within the next two years.
Ohmyhome believes that every Filipino deserves to own a home that they can eventually pass on to the next generation and serve as an investment that helps them build their wealth.
One of the company’s primary objectives is to help customers reach their life’s goal with ease by providing a wide range of property listings in an easy-to-use platform, complemented by comprehensive agent services.
Currently, the Ohmyhome application can be downloaded via Google Play or the Apple Store, while the Ohmyhome website can be visited via any platform. Both the app and the site have user-friendly interfaces fit for prospective Filipino homebuyers.