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How Landlords Can Stay Ahead in the Competitive Malaysia Property Market

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Based on the National Property Information Centre (NAPIC), Malaysia had a large number of unsold homes in the second quarter of 2021, totaling 394,575 units. The states of Selangor and Johor had the highest number of unsold properties. To succeed in this situation, landlords must develop creative ideas to stand out from the crowd and attract potential tenants.


Zero Rental Deposit: A Winning Strategy for Landlords in Malaysia


In a recent survey conducted by YouGov , 85% of renters in Malaysia expressed a preference for renting without the burden of paying a security deposit. This shows that tenants want rental options that offer more flexibility with their finances. For example, zero deposit options.

Attract More Tenants and Boosting Cash Flow 


By embracing zero rental deposit options, landlords can attract more potential tenants faster and increase their occupancy rates sooner. The appeal of not having to pay a hefty deposit can be a significant selling point for many tenants. 


Being a property owner involves various financial responsibilities, including service bank instalments, maintenance expenses, management fees, quick rent, etc. This solution can help landlords reduce the vacancy period for their units, enabling them to start generating rental income faster. 


Curious about where to find a trustworthy zero-deposit provider? Look no further, BlueDuck Malaysia offers Zero Deposit Program personalized designed for all tenants, different types of assets in Malaysia.



Making Informed Decisions 


We ensure you find reliable tenants by checking their credit scores through our BlueDuck tenant profiles. This helps you select responsible tenants who fulfill their rental obligations and have a good track record. Feel confident in making informed decision with BlueDuck.


With our Zero Deposit Program, you have up to three months guarantee claimable from BlueDuck on behalf of tenant if your tenant runs away or unable to resolve in the event of early termination (rental defaulted). 


Having a tenant is crucial for maximizing rental yield and the overall financial performance of your property. By ensuring a reliable tenant, you can minimize the risk of prolonged vacancy periods and start generating rental income faster. This income can help cover your financial responsibilities and optimize the returns on your property investment.



To learn more about how this program can benefit you, visit https://www.blueduck.my/landlord.

Join us as a BD landlord today by registering a landlord account. Then our personnel will be in touch with you for a call. See you soon! 


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The Reasons Behind Paying Stamp Duty When Renting a House in Malaysia 2023 🔎

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Renting a house should be an adventure, but navigating stamp duty can feel like exploring uncharted territory.


WHAT IS STAMP DUTY? 🤔

Stamp duty is a fee imposed by the Malaysian government on certain legal and financial transactions. It is commonly applicable in property-related matters, such as buying or selling a house or land, renting a property through a tenancy agreement, and transferring shares in a company. 

When you rent a house, the Inland Revenue Board of Malaysia, also known as Lembaga Hasil Dalam Negeri (LHDN) is responsible for collecting stamp duty. You would need to submit the necessary documents and payment to the LHDN. It's important to ensure that you comply with the requirements and pay the stamp duty to the appropriate government authority to fulfill your legal obligations as a Malaysia tenant.

The amount you need to pay depends on how much you'll be paying in rent and how long the agreement will last. It's crucial to know this amount upfront so that you can budget accordingly. You should know your tenant rights now! 

LATEST STAMP DUTY RATES IN MALAYSIA 2023

In Malaysia, the stamp duty rates for tenancy agreements vary based on the rental amount and duration. Usual yearly rates are RM1 for every RM250 above RM2400, RM 2 for 1 to 3 years, and RM4 for over 3 years.

1-year tenancy agreement:

Annual rental: RM1,700 x 12 = RM20,400

Taxable rental amount: RM20,400 - RM2,400 = RM18,000

Stamp duty: [(RM18,000 / RM250) x RM1] = RM72

For tenancy agreements between 1 to 3 years:

Stamp duty: [(RM18,000 / RM250) x RM2] = RM144

For tenancy agreements over 3 years:

Stamp duty: [(RM18,000 / RM250) x RM4] = RM288


KEEP YOURSELF UPDATED

You shall always check with the latest Stamp Duty Rates (not limited to property related) in Malaysia from here: LDHN Tax Brochure (Under Stamp Duty section - No. 7)


EXEMPTIONS AND REDUCTIONS

Guess what? Sometimes you can catch a lucky break with stamp duty. If you're renting from a family member or participating in certain government-linked housing schemes, you might be eligible for exemptions or reduced rates.

SEEK PROFESSIONAL HELPℹ️

Lawyers and real estate agents are the knights in shining armor who can guide you through stamp duty's twists and turns. They'll ensure you're following the rules and dodging any hidden traps.

Quack! BlueDuck is here to help make your renting journey even more convenient with our Zero Deposit Program for renters in Malaysia. Say goodbye to hefty deposits and embrace a stress-free rental experience! 

Learn more on www.blueduck.my today!  


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[Special] : Just share to your friends! Latest BlueDuck Promotion you don’t want to missed 🙌

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Calling all BlueDuck tenants in Malaysia! BlueDuck has an exciting opportunity for you to save on rent in 2023. 


Join our #QUACKPack referral program and share your unique code with friends and family. When they sign up for BlueDuck's services, they'll receive 5% off their first purchase, and you'll enjoy 5% discounts on your next tenancy renewal. It's a win-win for everyone involved!



Easy Steps to Join: Start Saving Today

Participating in the #QUACKPack referral program is easy. 

Follow these simple steps:

Step 1: Retrieve your unique referral code by logging into BD Portal .

Step 2: Reap the rewards! Your loved ones will enjoy 5% savings on their first BlueDuck Zero Deposit Subscription, and you'll receive 5% discounts on your next tenancy renewal.*

*Applicable to new subscribers or resubscription of Zero Deposit Program RM900 and above with Direct Debit Sign Up.



Limited-Time Offer: Act Now for 2023 Savings

Time is of the essence! Don't miss out on this limited-time offer for 2023, which is only valid from ‘May 2023’ to ‘June 2023’

Any questions? reach out to us at bit.ly/heyBD , and don’t forget to visit our website too! Cheers!


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Why Every MALAYSIA TENANT Needs BlueDuck Tenant Profile in 2023?🇲🇾✅

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Are you a tenant searching for a good place to stay temporarily or an office with nice “Feng Shui’ to operate your business in Malaysia in 2023? 

Tenant profiles are the key to unlocking a stress-free renting experience. In this blog post, we will explore why having a BlueDuck tenant profile is essential for every tenant in Malaysia. Discover how this tool can assist you in finding your dream rental space in 2023.



  1. Smart Verification: Trustworthy Renting Made Easy! 

Tenant profiles in Malaysia prioritize smart verification, which assesses renters based on their credit history rather than personal factors like race or occupation. This approach creates a fair and unbiased process that builds trust between tenants and landlords. By emphasizing credit history, tenants can showcase their reliability, demonstrating their ability to make timely rent payments and fulfill their rental obligations.


      2. BlueDuck Zero Deposit Program: Minimize Financial Burden!

Renting a house or offices often requires a substantial security deposit upfront. However, tenant profiles offer the convenience to join BlueDuck Zero Deposit Program. This alternative allows tenants to reduce their financial burden by providing an alternative to traditional security deposits, which are usually up to 2.5 to 5 months, depending if the type of the rental property (house/commercial). 

With Zero Deposit, tenants can find their dream rental space in Malaysia without worrying about a hefty upfront payment. This extra cash flow can be used for various purposes related to the rental space, such as office maintenance, repairs, renovations, or even expanding the business.


    3. Show off your profile: Stand Out and Secure Your Rental!

A verified tenant is an invaluable asset when searching for a rental property in Malaysia. By showcasing a verified profile, tenants demonstrate their responsibility and commitment to a seamless renting experience. Landlords appreciate tenants who have undergone the verification process. By showcasing a verified profile and responsible credit management, tenants present themselves as individuals who prioritize their financial commitments and take proper care of the property, making them desirable candidates for landlords.


Ready to get started with Tenant Profile? Here’s how: 

Step 1 - Go to www.blueduck.my/tenantprofilesignup. Get verified with supporting details (Eg. IC copies, Employment/ Company registration letter, show of Malaysian online banking availability via a statement upload/ letter..).

Step 2 - Expect a call from our personnel in a simple verification process. .

Step 3 - An official status update via email will be sent to you in 3 hours. That’s all. 

➡️ Watch the full video to understand what is ZDP in 2mins! ⬅️

By leveraging the advantages of smart verification, BlueDuck Zero Deposit Program, and showcasing verified profiles, tenants can experience stress-free renting! Ensure a seamless and reliable rental experience by embracing tenant profiles in Malaysia. Find your dream rental space through your property agents in Malaysia in 2023 by creating and showcasing your verified profile, and embark on a hassle-free renting journey. Let’s be the smartest tenant today!


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零定金,零烦恼:租户该如何享受更多的安心

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想象一下,你想在新城市开始新的生活。准备租房子时,需要支付租金,另外还要支付定金(Deposit),以确保你将保持房子的状况。但是,这种方式真的会给你带来巨大的压力!因为在签约前就要支付大量资金,肯定会让你的生活造成财务压力。

但现在,有了零租赁定金(Zero Deposit) 的解决方案,这一切都不再是问题了。好消息是BlueDuck Malaysia提供着全马最好的Zero Deposit Program。先别急,让我们告诉你为什么一定要开始用这个方案!


有效的省钱方案

传统的租赁要求付一笔大额定金。根据马来西亚的市场,定金通常等于2.5个月的租金。比如你的原租赁是RM1000,相等于你一开始租房就必须要支付大约RM2500的定金,这还不包括其他的额外费用,因此你一开始租房的总额甚至可能会超过RM4000了。

事实上,这个解决方案提供了更大的财务安全和灵活性,让你可以用目前的储蓄来支付其他更加重要的生活费用,比如想开始新的工作或继续学习,这将为你的未来打下坚实的基础。然后就是轻松地享受新生活,而不必一直担心财务状况。


更多,更多,更多的房屋选择

在选择住所时,你肯定会考虑房屋的地理位置、价格和设施等因素。但是,如果因为这个因素而需要支付高昂的租赁费用,那么你的选择将受到限制。

BlueDuck零定金解决方案也将帮助你拥有了更多的租房选择,因为你必定少了大笔金钱的支出,选房会更加方便和灵活。你只需要向你的房地产中介,提出使用BlueDuck Zero Deposit Program,又或者在任意一个产业网站 (property listing platform) (如:mudah.my, PropertyGuru. iProperty 等), 搜索关键词 ‘Zero Deposit, 便可轻松使用BlueDuck美妙的解决方案了! 


省下宝贵的时间

其次,零定金方案不仅能够给租客提供更多的房屋选择,还可以使租房流程更加快捷。传统的定金制度可能需要租客准备大笔的资金。这个是具有极大挑战性的,因此导致租房过程变得很耗时。而BlueDuck零定金方案则消除了这种财务压力,让租客能够快速签订合同并入住新家。


最后,我们深知,不愿意交定金,不代表一定是坏租客,代表你懂得好好策划生活消费,定金不是你生活中的必需品。BlueDuck也想要提醒你,一定要努力成为一个好房客。不仅要遵守租房合同和社区规定,还要尊重房主和其他邻居的权利和隐私。保持房屋整洁和有秩序,不会破坏或损坏财产,以及按时支付房租和水电费用都是一些基本的好习惯。最重要的是,所有在租房合约里的一方都应该明白,租客与房主的关系不应该仅仅以金钱的多少为准,而是应该建立在互相尊重和理解的基础上。

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👋Selamat Tinggal Masalah Pembayaran: Mengapa BD Pay Auto-Debit Adalah Cara Paling Cool Untuk Bayar Sewa Anda

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Adakah anda pernah mengalami kesukaran dalam menguruskan pembayaran sewa setiap bulan? Adakah anda sentiasa lupa membayar tepat pada masanya dan akhirnya terpaksa membayar untuk denda? Ataupun mungkin anda sudah letih dengan proses pindah wang secara manual ke akaun tuan rumah pada setiap bulan? 

Jangan risau, BlueDuck menyediakan satu penyelesaian yang paling sesuai untuk masalah ini: BD Pay auto-debit, bermaksud pembayaran akan dipotong secara automatik dari akaun bank anda setiap bulan. 

Marilah kami mengenai kelebihan BD Pay auto-debit dan mengapakah ia adalah cara paling cool untuk membayar sewa anda.


Kemudahan

BD Pay auto-debit membolehkan penyewa tidak perlu lagi menguruskan pembayaran secara manual setiap bulan. Selain itu, penyewa tidak perlu lagi melakukan proses penghantaran bayaran melalui mesin deposit tunai. Ini telah  menjimatkan masa dan juga lebih selamat kerana tidak perlu membawa wang tunai dalam jumlah besar. Oleh itu, process pembayaran akan menjadi susah dan kurang selamat.

Keselamatan

Auto-debit memastikan pembayaran dilakukan secara automatik dari akaun bank penyewa Malaysia, yang dapat mengurangkan risiko tertunggak atau kelewatan dalam pembayaran sewa. Hal ini membantu memastikan bahawa penyewa tidak dikenakan denda atau hukuman atas pembayaran lewat. 

Membangunkan Skor Kredit

Selain itu, auto-debit juga membantu membangunkan skor kredit penyewa, yang dapat memberikan kemudahan kewangan yang lebih baik untuk masa depan seperti berpeluang lebih tinggi untuk mendapatkan pinjaman membeli rumah atau kereta.

Mengurangkan Stres

Auto-debit juga dapat mengurangkan tekanan dan stres penyewa dalam menguruskan kewangan mereka. Penyewa dapat menumpukan perhatian pada perkara lain seperti kerja atau aktiviti sosial yang lebih bermakna. 


Mudah Dikendalikan

Akhir sekali, auto-debit adalah sangat mudah dikendalikan melalui portal pembayaran dalam talian, membolehkan penyewa memeriksa pembayaran, mengubah tarikh atau jumlah pembayaran, atau menamatkan auto-debit dengan mudah. Penyewa BlueDuck hanya perlu log masuk melalui laman utama BlueDuck (www.blueduck.my), dan menguruskan akaun bank yang digunakan untuk BD Pay.

Jika anda ingin menghindari kesulitan dan kelewatan dalam pembayaran sewa, serta ingin memastikan kestabilan kewangan anda, pilihan yang paling bijak adalah dengan menetapkan auto-debit untuk pembayaran sewa anda. Berita baik! 

Anda hanya perlu mendaftar BD Pay melalui www.blueduck.my/tenantprofilesignup dan memberitahu tuan rumah anda bahawa anda ingin membuat pembayaran sewa anda melalui BD Pay. 


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