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Are housing expenses causing financial strain? You are not alone. Many people in Malaysia struggle to manage the cost of rent each month. Even if you are careful with your budget, rent may be one of your biggest expenses. Luckily, there are ways to lower these costs with a bit of creativity. 

Here are some ways you can get started:

1. Look for apartments in less expensive areas

Rent prices can vary widely depending on the location of the apartment. Consider moving to a less expensive area or a neighbourhood that is up-and-coming, where rents may be lower but still on the rise.

2. Share the cost of rent with roommates

Sharing an apartment or house with roommates can significantly reduce the cost of rent. You can split the cost of rent, utilities, and other expenses, making it more affordable for everyone.

3. Negotiate the rent with your landlord

If you have a good rental history and have been a good tenant, your landlord may be willing to negotiate the rent with you. It never hurts to ask for a lower rent or to negotiate for other perks like a longer lease.

4. Live in a smaller apartment

A smaller apartment will typically be less expensive than a larger one. Consider downsizing your living space in order to save on rent. It will be worth it for long term!

5. Take on a longer lease to negotiate a lower monthly rate 

Landlords may be willing to offer a lower monthly rate in exchange for a longer lease. This can be a good option if you're planning to stay in one place for an extended period of time.

As the end of your tenancy agreement nears, you are faced with a decision: Renew your lease or search for a new place to call home?

The choice to renew your lease involves a thorough evaluation of various factors such as the neighbourhood, rental unit and its amenities, rental rate and more. The choice between renewing your lease and staying put or searching for a new living arrangement is a significant one and should not be made lightly.

1. Familiarity

One of the benefits is you don’t have to move. Moving to a new place can be an overwhelming experience, with the process of searching for a new rental unit, visiting listings, and deciding on a new home can be time-consuming. Once you have found a new place, packing your belongings, arranging for movers, and settling into your new home can add further stress and uncertainty to the moving process.

By renewing your tenancy, you can avoid all of these costs and heacheads. You can continue living in a familiar environment and maintain the sense of community that you’ve built.

2. Cost Savings

Aside from the costs of moving, you can also save money. Staying in your current rental unit means that you won't have to pay the security deposit,  which is required for securing a new rental home or apartment. This can save you a significant amount of money upfront. If you haven’t already used Zero Deposit, you might need to pay a double deposit while waiting to get back your deposit from the previous landlord. 

Furthermore, renewing your tenancy can also offer financial benefits. Moving can be expensive, with costs such as movers, deposits, and new furnishings adding up quickly. By renewing your tenancy, you can avoid these costs and continue to enjoy a more stable financial situation. For example, if you’ve been living in your current home for a while, you may have made some improvements or upgrades that would be expensive to duplicate if you had to move.

3. Stability & Security

Renewing your lease can provide consistency and stability in your life by allowing you to continue living in your current rental. Moving to a new place involves adjusting to new routines, neighbourhood, and potentially new roommates or neighbours. This can be stressful and overwhelming. Staying in your current rental, where you have established a routine and a sense of familiarity, can provide a safe and stable option. If what you have is working for you, there may not be a good reason to change. Well, just like the old saying—if it’s not broken, don’t fix it.

When faced with the decision of whether to renew your tenancy or find a new place to live, there is a lot to consider. Such as familiarity with the house, saving money and staying in your current rental can provide a sense of consistency and stability, allowing you to continue building roots in a location that you already know and love. It saves you time, money and energy!

Cheers,

BlueDuck Team!

We are proud to announce that we have been selected as one of the recipient of the CIP Sprint.

This accolade is a testament to the company's dedication to innovation, sustainability, and excellence in the technology industry. 

After months of due diligence processes, we are one of the recipients of Cradle CIP SPRINT program recipient which provides access to valuable business networking opportunities and other value-added services to aid in the development of business models, market validation skills, and market access. 
May this achievement bring more opportunities for us to go further and inspire the rest of the local startups to stay ahead of the game! 

Thank you SIDEC for celebrating the joy with us!!!🥳🥳

Check out  Cradle Fund to see their news update!

As we continue to grow and evolve, we remain committed to the core values of innovation, sustainability, and excellence. With the support of the CIP Sprint program, we want to make even greater contributions to the technology industry and create a more sustainable future for all.

We would like to extend our heartfelt thanks to Cradle for their recognition and support. We are looking forward to continuing our journey of innovation and success, and to making a positive impact in the fintech world for years to come! This cannot be accomplished without everyone's support! We are eagerly anticipating what 2023 has in store for us!

Cheers,
BlueDuck.

[Updated on 11 July 2023]

Your Zero Deposit Program subscription ending soon? Well, don’t go out; renew it online! Your BlueDuck can be renewed along with your tenancy renewal. 

A reminder 90 days before your policy expires, you can renew your coverage anytime before your tenancy is due, as the coverage period will be based on your tenancy date. Each resubscribe will get a surprise reward. Remember to check your email ;)  

Here’s how you can manually renew/ resubscribe:

Step 1: Log into your BD account

Step 2: Tenant Profiling

  

Step 3: Fill in your renewal rental details

Once you’ve filled in the previous information, choose the TENANT PROFILE ONLY and fill in your renewal details.

Step 4: Make Payment

Once all details are ready, click SUBMIT, which will lead to the FPX page! It’s the same as how you usually choose to pay in an e-commerce platform via FPX online banking ;)

Step 5: TA-DA, Done!

We will contact you and your agent!

It's a great way to honor your deal with the landlord, as no deposits were made when you moved in. It’s a great show of confidentiality of how responsible a tenant you are. Plus, having a renewed policy gives you the peace of mind you deserve.

If you have any questions or need help with the renewal process, you can contact us @ http://bit.ly/heyBD email us support@blueduck.my !

⏬ See more :

• 3 Malaysia Property Listings Platform to Rent with Zero Deposit Program
  
• Best Personalised Zero Deposit Program in Malaysia with BlueDuck
• [Special] ! Latest BlueDuck Promotion you don’t want to missed 🙌

The Chinese New Year was probably the most beautiful, colourful, and significant of all the traditional holidays. The Chinese used this occasion to congratulate one another and themselves on making it through another year, to say goodbye to the previous one and welcome the new one. 

There are several traditions associated with Chinese New Year, going from little domestic ceremonies to significant public celebrations. Every little detail and tradition now plays a significant and essential role in Chinese culture.

 Here are some CNY traditions:

1. Cleaning: A week before the New Year, families usually gather together to clean their homes thoroughly to symbolically sweep away bad luck and make room for good luck.

2. Decorations: Red decorations, such as lanterns, banners, and posters, are used to decorate homes and streets. The colour red is considered lucky in Chinese culture and is believed to ward off evil spirits.

3. New Year's Eve dinner: A family reunion dinner is typically held on New Year's Eve where they will have Yee Sang. Yee Sang is a salad made with different vegetables, salmon, dumpling wrappers and seasoned with hoisin sauce and other condiments. The salad in itself is delicious, but it is also part of a ritual that families love. The salad plate is placed on the middle of the table and everyone is supposed to take their chopsticks and toss it up in the air. People will try to toss it as high as possible to attract good fortune. So toss it as high as you canlah to attract fortunes 😂

4. Angpao: Everyone loves angpao. Well, will you be receiving the angpao or giving the angpao? Usually married adults give red envelopes filled with money to unmarried children and teenagers as gifts, which is a way to give blessings and good luck.

5. Lion and dragon dance: Lion and dragon dances, which are performed by teams of dancers wearing elaborate lion or dragon costumes, are a traditional and colourful way to celebrate Chinese New Year.

6. Giving visits: People will visit their families, friends and neighbours to exchange greetings and good wishes during Chinese New Year. Another good thing for the singles, kids are more ANGPAO 😂

The rabbit is the symbol of longevity, peace, and prosperity in Chinese Culture, thus 2023 is predicted to be a year of hope! Overall Chinese New Year is a time for families to come together, to celebrate, and to reflect on the past year while looking forward to the new one. 

So, how are you celebrating Chinese New Year this year? Whatever the rituals, feasts, or parades are, the most important thing is that everyone comes together in harmony and expresses gratitude for the year that has passed, the new opportunities, and the people who have always been there with you on this great journey. Well I hope you hop hop throughout the rest of the year like a rabbit! 🐇🐇

Cheers & Gongxi Fa Cai!🧧

Do you own, or do you rent a property?

Oftentimes a tenant is hard to identify. 

The barrier of a tenant/landlord relationship is like strangers on tinder that met for the first time. So many questions, but yet so personal. Just like on Tinder, both parties have to make an effort to get to know each other, ask the right questions, establish clear expectations, and build a sense of trust. It's important for both the tenant and the landlord to be upfront about their needs, concerns and expectations to ensure that their relationship runs smoothly.

A tenant profile is THE WAY to break the barriers.

Your tinder is Agent, and your date is the Landlord.

People rent for many reasons, such as studying, job relocation, financial planning, etc. A tenant profile is a tenant’s passport. A quick glance at a profile generated by a simple process verifies your identity. Send to potential landlords to reduce the back and forth between your agents. 

BlueDuck Tenant Profile serves as a unified profiling that is recognised by Malaysia’s landlord. All you need to do is to fill up the details.

You can watch the video here: How to purchase Tenant Profile in BlueDuck website?

Here’s the gateway to freedom:

1. Go to www.blueduck.my/tenantprofilesignup

2. Update your personal details like IC copies, employment details and 

3. Decide your emergency contact - will it be your spouse? Parents? Siblings?

4. Decide on a package - You can choose only Tenant Profile, or Tenant Profile with Zero Deposit package. (You may leave this out if you have yet to find your desired house.)

5. Finally make payment via your online banking

          

A tenant profile is a passport to enter your desired home. With that you get to retrieve your CTOS report. CTOS’ core function is to collect and process credit information about individuals’ and businesses’ borrowings and repayments and provide this information to credit grantors. It typically includes information about the tenant's employment, income, and credit history.

A healthy credit score shows how responsible and diligent you are about paying your bills, which significantly reflects your reputation as a borrower (tenant). A bad credit score would indicate a poor payment record, and few banks and lenders would take the risk of doing business with you if your credit score is on the low side

Well, do you have a healthy score? When was the last time you checked your credibility?

If you buy the individual application to CTOS, the price is RM26.50. But with BlueDuck Tenant Profile, it is only at the cost of a boba, which is only RM15?! You may not purchase the insurance package before finding your desired house, no problem!

You have the option to purchase a tenant profile through the BlueDuck system with inclusive your CTOS report!Time is precious.

Apply one time, and this shall be valid for your next 11 months tenancy! 😉

For more reach out to hello@blueduck.my or drop us a WhatsApp at bit.ly/heyBD.

Cheers!