Ohmyhome Limited shares rise 2.59% intraday as demand for older resale HDB flats increases.

Friday, Aug 22, 2025 10:04 am ET1min read
Ohmyhome Limited rose 2.59% in intraday trading, with recent news highlighting the demand for older resale HDB flats and the Home Improvement Programme (HIP) by HDB. The Business Times reported that the number of older resale HDB flats sold in 2022 more than doubled over the last decade, indicating a growing market for such properties. Additionally, the Selective En Bloc Redevelopment Scheme (SERS) by HDB allows for the redevelopment of aging HDB estates, which could positively impact the company's business prospects.

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