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Hey landlords, do you know that when you sign up with BlueDuck Zero Deposit, you are supported with our complimentary software that helps to manage your tenancy? By using our Zero Deposit solution, you’re also able to access our system through your BD landlord portal! Let's check it out.

1. Document Storage

Imagine if you are still doing the traditional way of manual tracking on the rental, bill, and so on, many struggled to find the documents a few months down the road. With this portal, You, as the landlord, can store & retrieve your tenancy agreement utility bills statement & insurance certificates in the portal. Let the system assist to organize your property-related documents. This will help you save time in organizing these important documents.

2. Add on property listings

Imagine, you have properties, you have visited the properties, and have photos taken, but it's all in-camera storage. Here, with the BlueDuck portal, upload your photos and property details in the portal. can also add on the other investment properties you have on hand. Digitizing your property management, all in one portal by just logging in. The best part is, you can share the link with your agents and start promoting to get potential new tenants in the future. It's convenient!

3. Transparency

The portal has accessibility for you, appointed agents, and your tenant to check on the tenancy status inclusive of the tenancy arrangement, especially on payment status. This will lower the risk of any dispute if it occurs. There are scenarios where the tenant may have made the payment but did not send the receipt for the landlord’s reference, which causes misunderstandings. With that, a tenant is advised to pay through BD portal, with the transaction record & audit trail all in the system. This will be a good practice for both tenant & landlord to improve on trust level and accountability.

Conclusion

BlueDuck provides a dashboard view of the landlord’s property portfolio and assists in providing your tenancy-related information at your fingertips.  

With that, you can now share your referral code with anyone and if they successfully sign up with BlueDuck Zero Deposit, it is super easy.

Login to your landlord’s portal > My Profile to retrieve your Referral Code(Image below) and enjoy an RM10 Shopee voucher for free.

Do follow us on FB for the latest news and updates.

In the rental environment, a security deposit, a traditional deposit is collected to protect the unit's owner against any damage caused by a renter. In case there is any damage to the property, the unit owner has the right to deduct the cost of repairs from the deposit when the tenant moves out.

In Malaysia, it usually involves 2.5 months' worth of basic rent. The rental deposit guarantee service is entirely new to the SEA region; while Malaysia is the first country to roll out this solution, it is still pretty new for most property investors, tenants, and agents. 

Why CASH Rental Deposit Replacement Is In The Market 

The rental deposit guarantee is also called the zero deposit program in Malaysia or in some places like Germany. It started to roll out in Europe in 2017 or even earlier. These policies are available only at the beginning of a tenancy. Zero Deposit program comes in a package form and depends on the total rental deposit to be covered and the type of properties. 

What happens after the Landlord is Onboarded With BlueDuck Zero Deposit Program?

A landlord can offer NO DEPOSIT as an alternative to speed up the rental process. With the new development happening, many tenants would often look for newer development and the landlord is struggling with the ongoing loan services and getting “THE” tenant. With Rental Deposit Guarantee, the rental process is sped up as tenants do not have to fork out the initial upfront deposit while the landlord gets the rental income to ease their cash flow.  

IT IS AS EASY AS 3 SIMPLE STEPS!

Step 1: Tenant gets verified through www.blueduck.my/tenantprofilesignup

Step 2: Agents/landlords register a user account & update tenancy details.

Step 3: Zero Deposit Program activated! The Certificate is issued. All parties get to download from your BD user portal. 

What’s The Catch?

Before a tenant is onboard,  the tenant will need to get verified and qualified through our Tenant Profile.  A tenant’s profile will be verified with a supported credit check, and ready to be qualified by the BlueDuck team to proceed with Zero Deposit up front!

Tenants also need to agree on the T&C which are:

1) Tenant purchase tenant profile www.blueduck.my/tenantprofilesignup

2) Rental payment must be via BD Pay (sign up direct debit) 1% system fees charged on tenants.

3) Tenant records will be in credit agency if there’s a payout. Delist fee is involved.

Since a tenancy deal started with no deposit being collected, BlueDuck has implemented these ways to mitigate a landlord’s tenancy-related risks. This will eliminate the not-so-committed tenants and attract a committed tenant. 

So What’s Next? 

For landlords interested in this solution, register an account now on the BlueDuck website while your agent shall help you post on the listing sites with “NO DEPOSIT REQUIRED” to attract tenants faster.  And.. you have begun the BlueDuck journey. For more, click the link here to learn what BlueDuck has to offer, and check out our latest news on BlueDuck's FB Page today.

As a person who is aim to have a good life in KL, we want to have a good place to stay with a budget that suits our needs. Here is the list of the top 5 new properties that are going to launch in 2023 that you can consider.

Bukit Bintang City Centre (BBCC) is a visionary, state-of-the-art integrated development designed to complement and enhance the city’s cosmopolitan vibe. Strategically situated on a 19.4-acre site within the Golden Triangle, BBCC offers a complete cosmopolitan lifestyle that encompasses modern residential suites, hotels, retail, an entertainment hub, and a transit hub. Green lungs are threaded through the development to create a series of parks, gardens, and green pockets. If you are working in Klang Valley, and have a cosmopolitan style, this is for you, my friend. Add to your wish list.

Benefits:

• City of Kuala Lumpur
• Nearby MRT, LRT Station
• Hot area for rent out

Dwitara Residences will be the first residential development in Surya PJ South. This condominium enclave features both elevated semi-detached and bungalow layouts with sizes ranging from 847 sq. ft (3 bedroom units) to 1,236 sq. ft (4 bedrooms dual-key units) with each unit comes with 2 carparks making them an ideal choice for individuals, growing families and multigenerational living. Dwitara Residences also come with an array of more than 30 specially designed facilities exclusively for residents. Surya PJ South's vision is to be the new landmark of Klang Valley upon completion of its 74 acres of master development. Its located between Petaling Jaya, Old Klang Road, and Sunway making it a desirable place for both owner occupiers and investors. Surya PJ South is the rising township comprising a mix of vibrant commercial hubs and modern residences. Its design concept helps to bring the new attraction of the city to the fore with the integration of communal spaces and public design to foster social interaction, where homes are designed for multigenerational living with lush greenery within the master development in the future. Another place to consider before you made your decision.

Benefits:

• Dual Key units
• Easy to rent out
• Affordable price - starting 300k in the heart of Klang Valley

Strategically sited in Setiawangsa - 5km away from Kuala Lumpur City Centre, The Valley Residences is an urban sanctuary combining conveniences and connectivity with breathtaking views of the city and mountain range, making it a sought-after haven where you get to live contently and call your home. This development offers a wealth of over 60 enriching facilities spread across five levels of facility decks to pamper, awakening every inch of your soul. The Valley Residences are affordably priced from only RM508k for a 3-bedded unit of 1,018 sq ft, with larger options of up to 1,318 sq ft with 3+1 or 4 rooms. Collectively, it all adds up to an impeccable sanctuary that is embraced by nature, inspired by modernity, and perfected by design. For those who love nature and a peaceful environment, don't look back, check out the official website now and if you have extra money, register and book now before it's gone by the wind.

Benefits

• Nearby KL City Centre
• MRT/LRT Station
• Crossfit Gym for gym junkies

This I can say is a strong contender in the market. The joy of green living is taken to the next level at Phase 2 of The ERA @ Duta North. A green and tranquil sanctuary is yours to access at any time of the day. It is the ultimate lifestyle landscape boasting 100 facilities including a 100-meter pool, a 1.26-acre wetlands sanctuary unique to the heart of the city, and a boutique retail space for convenience at your doorstep. A dedicated link bridge is also built exclusively for the residents enabling quick accessibility to sprawling neighboring areas.

The ERA @ Duta North is JKG Land’s flagship mixed commercial development located in the matured and well-connected township of Segambut and neighboring Mont’ Kiara, spanning over 14.8-acres. At just 8KM from KLCC, this FREEHOLD development provides an optimum balance satisfying lifestyle goals of living spaces to Work, Live, and Play.

Benefits:

• Beautiful green Scenery
• Awesome facilities like jungle tracking to Jelutong Forest
• Freehold

Another prestigious project by award-winning Sime Darby Property, Cantara Residences is all about exceeding expectations. Fitness buffs will love our aqua gym and yoga lawn; love birds can stroll and marvel at our landscaped sky bridge connecting all four residential towers; while families and friends can reconnect over Sunday barbecues on Cantara Residences' podium. All this and more in a luxurious integrated development in the heart of Ara Damansara.

Benefits:

• Freehold
• Good surrounding amenities
• For Sports enthusiasm

To summarize, there are plenty of new developments in the market for you to consider. Purchasing a property is a long-term commitment, hence with a clear intention of WHY you want to purchase the property can save you a lot of hassle. Was it for investment purposes, or was it for your own stay? Always do homework on the developer, property location, the bank loan rate, neighborhood, and anything that could help in your decision-making. 

Stay tuned and check out our blog BlueDuck to get more good info and trends in the property market. 

Hello again BlueDuck awesome blog readers, we’ve brand new partnerships to announce. We are proud to announce our new partnerships as the official payment gateway provider for Vendfun- The Hospitality Kiosk Solution Provider.

BlueDuck x Vendfun

The MoU ceremony was held in KL Convention Centre on 9/9/22 with almost 200 pax in the hall to witness the event.  With this strategic partnership, BlueDuck is delighted to work with Vendfun in providing a digital payment platform with BD Pay in easing Vendfun’s monthly collection.Vendfun’s clients can rent the kiosks and start to kick-start their automation journey. With that, through the monthly kiosk rentals, businesses can now make payments via FPX online banking and credit card. BlueDuck is excited to be able to support Vendfun businesses with the latest payment technology. 

“Our vision is to automate & digitize the business operation for all businesses” - BlueDuck founder and CEO, Earnest Wong

Vendfun -The Hospitality  Kiosk Solution Provider

Industry’s First Hybrid Kiosk that helps hospitality operators to provide a unique check-in/out experience. In layman's terms, Vendfun is offering a robot or self-operating machine to ease the F&B & Hospitality business operation, in return for lower business operation costs & minimizing human dependency. 

Vendfun F&B Kiosk was introduced to help business owners to manage outlets more efficiently through payment automation. Besides check-in/check-out features, Vendfun offers kiosks that are simple for F&B businesses to access a digital menu, personally customize orders, and make secure payments directly into the system – all contactless. Eg likes McDonald's ordering kiosks. Super cool and great user experience.

“Vendfun F&B Kiosk was introduced to help business owners to manage outlets more efficiently using automation. Meanwhile, it makes it simple for customers to access a digital menu, personally customize orders, and make secure payments directly into the system – all contactless.” - Vendfun CEO, Benny Wee 

So, what is BD Pay? 

BD Pay is a white-label payment gateway that connects thru API. This innovative technology will help automate payment collection for businesses to create a seamless experience for customers. The benefit of this innovation is that it will help to improve businesses’ cash flow through auto debiting your customer’s account which helps to reduce businesses’ bad debts. Through collection automation, it will help in reducing administrative work which could help in increasing efficiency in revenue-generating tasks instead. 

Well, people love options! 

Through BD Pay, your customers can now choose to pay via credit card, or FPX online banking through different periods of installment agreed upon. For most businesses, your brand is the brand your customers are attracted to. With the payment gateway being white-label, you as the business owner will be portrayed as a modern and up-to-date business that empowers technology which will strengthen your position in the market. While the onboarding process is easy and seamless, it only takes a few working days for businesses to onboard. We aim to have businesses have personal merchant ID so that your businesses get your collectibles within 24 hours. Fast settlement!

Want to know more?

Check out https://www.vendfun.com/ to find out more. We believe that this partnership will bring the dimension of how payment collection is able to empower businesses. Vendfun has joined hands and laid its vision through technology with BlueDuck in bringing revolutionary standards to the Proptech industry together. With this, together, we embrace technology to a higher level of convenience and user experience for all of our customers.  

To know more about BD Pay, book an e-meet with us here. 

#blueduck #bdpay #fintech #paymentgateway #partnerships 

It takes special know-how to be a successful landlord, and with the tips below, you can be one yourself.

1. Manage Expectations on Rent from Tenants 

Since your rental income is the whole reason you do what you do (landlord), collecting it on time every month should be the priority. If the rent is due on the first of every month, each tenant should be paid by the first of each month – no excuses. Always manage expectations with your tenant and the rent arrangement. How will the rent be paid, by when a landlord should’ve received the rent, etc. It will always be good to include a clause on late rent payments! This is to protect your interest as a landlord a develop a mutual understanding of the rental arrangement.   

2. Learn Everything You Can And Know Your Rights

Landlording requires more than just collecting the rent once a month. Know your obligations and rights through news & articles about the property, building management, taxes, and insurance coverage. Psst, remember to maintain relationships with your tenant & property management team too! The more you know, the better equipped you are to tackle tricky situations, if there are.

3. Make Appropriate Renovations & keep it in a good hand

Landlords have a duty to maintain the overall structure and exterior of the property, make sure the property’s covered with the necessary insurance, as well as resolve any issues related to utilities (gas, water, electricity). In the event that any of the appliances break down or the furniture requires care, the landlord should be responsible for it – unless the items were blatantly spoiled by the tenant. Repairs should be carried out on malfunctioning appliances fast, so as to not inconvenience the tenant.

4. Get an Agent to assist you

As an investor and landlord, you probably look for every way possible to save money. This might include getting your property rented out early to avoid forking out cash from your pocket to finance the installment. An agent will help to rent out your property faster based on their networking and how they promote social media and listing platforms like PropertyGuru and many more.

5. Keep Organized

One of the keys to any successful business is organization. This holds especially true for landlords. With that, you need software or a proper place to keep up your tenancy and property-related documents! Fully utilize your BlueDuck landlord portal today. All you need to do is only to register an account and use it for free. You can keep all your forms, receipts, or even insurance certificates in the portal. Easy access anywhere, any time! 

So, how do you keep good tenants? By having clear communication and managing expectations with your tenant, honoring the agreement with mutual respect.  Through managing expectations, you can easily avoid the costs and headaches of unnecessary tenant turnover. By having mutual respect  and attending to relevant property maintenance needs, you can hold onto those dream tenants for years to come

If you’re still looking for ways to rent out your property faster, check out our BlueDuck Zero Deposit, covering both residential and commercial properties! 

Sometimes when back in the old days when you rent a house and you pay the monthly rental via cash, or online transfer, some are using Cash Deposit Machine. I can say the method nowadays can be improved or the right word, have a better way to tackle that traditional method.

The good thing about when you purchase a Zero Deposit Package with BlueDuck is it not only save your cash flow and secure your deposit, another good value that tenants have is the BD Pay Eg; the last time tenant can only pay with cash, and they may forget. Now they have options to do direct debit and pay using a credit card.BD Pay is a payment gateway with the intention of simplifying complex payment structures, and digitizing collection, which means you don't need to make payments outside the ecosystem, just use BD Pay for your monthly rental and it will save all the records and time and it will benefit you as tenants in terms of timing and traditional payment process. The most convenient and seamless experience for your monthly payment is to sign up with recurring payments. 

What is a recurring payment?

Recurring payment with BD pay means you just sign up for Direct Debit as one-time authorization, your monthly rental will auto deduct from your FPX/Credit Card. So you don't need to repeat the same way every month. Here are the steps for tenants to automate their monthly rental with BD Pay;

The benefit of recurring Payment

Seamless experience

Enhance a positive user experience by reducing the friction that occurs with repeated manual payments and delays, but it also ensures rental income is for landlords.

Reduce Late Payments & Collection Time

Late payments are detrimental to the cash flow for Landlords, as they affect both tenants' and landlords' relationships. With recurring payments, you can set up the system once, and rest assured that your pay rent, based on a predefined schedule by BD Pay. With easy direct debit from your online banking, Debit card, and also Credit card with your convenience. Your rental commitment will spend less time chasing down payments and having awkward conversations about late payments.

Minimize Effort

Automated recurring payments cut down the cost and effort associated with manual payments like receipt safekeeping and payment processing. All you need to do is establish the original payment plan once, and then the software handles payment processing for you. Your intervention will be required only when changes need to be made to the payment type or amount charged.

Key Takeaways

The recurring payment system is convenient for both tenants and landlords. Not only does it enhance a positive experience by reducing the friction that occurs with repeated manual payments and delays, but it also ensures a stable cash flow for the landlords and rental commitment from tenants.