Photo - HOOM VENTURE SDN BHD
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HOOM VENTURE SDN BHD

Online house rental platform that make renting fast and easy

Malaysia
Market: Internet and IT, Real estate
Stage of the project: Operating business

Date of last change: 31.07.2021
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Idea

An online house rental platform that connect landlord and tenants, improvise traditional rental process by providing feature such as online video viewing, E-payment, Insurance, making rent without physical viewing possible. Our goal is to digitalize traditional rental process

Current Status

Currently generating $2k per month

Market

Target Malaysia and Singapore tenants. Tenant age between 20-40.

Problem or Opportunity

Traditional house renting process involve a lot of offline work, we want digitalize the process and making house rental easy. We provide video viewing, online rental booking and payments.

Solution (product or service)

We focus on building confident for tenant to rent house online, such as online viewing, tenant protection and etc. This way, landlord can get their house rented out fast and easy

Competitors

Property agents, and other property platform such as PropertyGuru and Iproperty.

Advantages or differentiators

Having five years of experience in property management fields, we have more connections to get properties for rent.

Finance

Revenue from rental income.

Business model

We take 10% monthly from the rental amount

Money will be spent on

Web platform developments, increase sales force and marketing

Offer for investor

Open to negotiation for share value.

Team or Management

Risks

Not able to build trust for tenant to rent house online.

Photos

Photo 1 - Online house rental platform that make renting fast and easy
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Presentation