Kuala Lumpur, 21 June 2022 - Leading rental management company, iBilik, is making new waves in the industry after a robust revamp of its operations and leadership team. Aiming to make the local room rental scene stronger than ever before, the company has entered into strategic merger with Malaysia's largest IoT-enabled rental management system, SpacePlus. To mark this momentous occasion, the new and improved platform has announced the first of many offerings, iBilikPreferred, to the market’s co-living ecosystem to elevate the rental standards for landlords and tenants alike.
iBilikPreferred: A New Gateway to Elevated & Comfortable Residency
With landlords and tenants across the nation respectively reporting rental-related difficulties whether it be unpaid rent, subpar living conditions, and multiple accounts of a lack of accountability to each other, it is clear that a higher standard is needed to ensure that this ecosystem is properly safeguarded and managed.
To ensure that this becomes a reality, the iBilikPreferred feature offers tenants a multitude of benefits and functions including a Virtual Advisor that provides assistance to users online, an enhanced verification system for listings to ensure the quality and comfort of the accommodation options, the removal of security deposits as a prerequisite for renting, a 100% money guarantee to be provided for 24-hours, and a wider selection of Rent-To-Own options which sanctions an alternative method for property acquisition. More than that, rooms under iBilikPreferred are verified, furnished, and equipped based on a 30-step guideline that promises a high standard of living for tenants.
Essentially, this enhanced feature aims to set the iBilik standard as a new level of excellence in rental management, raising the bar for industry players nationwide when creating memorable living experiences for tenants. Simultaneously, this enables tenants to maintain high expectations when looking for a place to live and have them be met with exacting levels of service, comfort, and safety.
“In achieving this new level of industry excellence, we aim to not only endear tenants to their chosen rentals, but also be the preferred choice when they begin their renting journeys. We firmly believe in a love-where-you-live mentality and like our new logo suggests, we aim to put a smile on the faces of all our customers. This is what drives us to constantly innovate under our revitalised banner so that our offerings have the power to redefine the standards of demand within the rental market,”says Lee Seng Hee, Co-Founder and CEO of the revamped iBilik.
Having recently received a RM7 million injection from its internal stakeholders, iBilik plans to unveil more features in its continuous efforts to ensure that home-seekers across Southeast Asia will find a place where they can return to and have peace of mind as they unwind and de-stress. Having merged with SpacePlus, which houses more than 15,000 rooms and has processed more than RM 53 million in rentals, the company has also expanded and improved its integrated ecosystem for the benefit of its users.
Innovation, The New Way
Following iBilik’s acquisition by GFG Group and previously, Star Media Group, iBilik has undergone diverse stages of change and remodeling to reach its current position as a market leader in the rental management field.
“We would like to thank our partners, past and present, as well as our customers for the support given thus far. Our company’s rebrand is a promise to all our stakeholders that we recognise the need to innovate given the evolving market, both from a tech and accommodation perspective. Ultimately, we aim to enhance our tenants’ overall homestay experience, including the process from which they search for a suitable option which fits their needs accordingly,” adds Lee.
iBilik.com is currently the only rental platform in Malaysia that is integrated with an end-to-end IoT-enabled Rental Management System which allows Tenants, Landlords, and Co-Living Operators to achieve a satisfactory tenancy experience and communicate with each party seamlessly. To date, the platform boasts over 100,000 listings for rooms, homestays, and short-term rentals across the region. With its recent win of the Consumers' Choice Award 2022 from Majlis Tindakan Pengguna Negara (MTPN), iBilik is determined to deliver excellence and quality services for their users.
In August, iBilik will be launching its #iBilikPreferred, baru deal campaign to provide its tenants with greater, more affordable access to their dream rentals. To find out more, please visit https://www.ibilik.com.
