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Bank loans (Tables)

6 Months Ended

Jun. 30, 2024

Debt Disclosure [Abstract]

Schedule of bank loans

Outstanding balances of bank loans consist of the following:

Schedule of bank loans 

Bank Name		Drawn/ Maturities		Interest Rate				Collateral/Guarantee		December 31, 2022 SGD				December 31, 2023 SGD				June 30, 2024 SGD				June 30, 2024 USD
CIMB Bank Berhad, Singapore Branch		August 2020 /August 2023			3.00	%		Guaranteed by Ms. Rhonda Wong, Chief Executive Officer and Director of the Company and Ms. Race Wong, Chief Operating Officer and Director of the Company			23,005				-				-				-
DBS Bank Ltd.		June 2020 /June 2025			3.00	%		Guaranteed by Ms. Rhonda Wong, Chief Executive Officer and Director of the Company and Anthill, major shareholder of the Company			518,715				315,878				212,158				156,551
Maybank Singapore Limited		November 2020/November 2025			2.75	%		Guaranteed by Ms. Rhonda Wong, Chief Executive Officer and Director of the Company and Ms. Race Wong, Chief Operating Officer and Director of the Company			239,982				159,859				118,964				87,784
United Overseas Bank Limited		November 2020/November 2025			2.25	%		Guaranteed by Mr. Kenneth Chong, Chief Executive Officer and Director of Ohmyhome Property Management Pte Ltd			-				82,018				61,927				45,695
ORIX Leasing Singapore Limited		April 2024/April 2029			7.50	%		Guaranteed by Ms. Rhonda Wong, Chief Executive Officer and Director of the Company and Ms. Race Wong, Chief Operating Officer and Director of the Company			-				-				430,435				317,617
Total											781,702				557,755				823,484				607,647
Bank loans, current portion											305,965				331,528				344,835				254,453
Bank loans, non-current portion											475,737				226,227				478,649				353,194

Schedule of maturities schedule long term debt

Twelve months ending June 30,

Schedule of maturities schedule long term debt 

		SGD				USD
2025			344,705				254,357
2026			69,406				51,215
2027			11,088				8182
2028			11,088				8182
2029			387,197				285,712
Total			823,484				607,648

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- Definition

Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.

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- Definition

Tabular disclosure of maturity and sinking fund requirement for long-term debt.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 470
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481544/470-10-50-1

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