Property360Digest E-MAGAZINE Issue #8 | Page 41

Understanding this , BlueDuck verifies tenants ’ eligibility through first conducting a background CTOS screening , followed by e-tenancy agreement and e- stamping , eliminating the need for physical contact as more steps in the rental process are made contactless . BlueDuck takes this a step further , introducing BlueDuck Pay , a direct debit solution that turns monthly payments cashless . Together , these features allow for the whole rental process to be made digital , doing away with contact of any form and in turn , making renting safe in a time when efforts by other industries are being taken to curb the spread of the virus .

“ The past few years have hit the property industry rather badly . Even before the pandemic arrived , the industry had seen a downturn . With landlords and tenants alike suffering , we were inspired to develop BlueDuck into the solution it is today , hoping to help as many people as possible . We are proud to say that we have more than 200 tenants across five states and have managed to save more than RM 600,000 for our customers . This level of growth in a short time is only made possible through our great relationship with property agents , as we ’ ve hit a new milestone of 2000 in our network from over 30 major property agencies . Through technology , we strive to constantly innovate and find new ways to make the rental process more efficient .

In fact , we are currently working on ways to refine our Zero Deposit solution so stay tuned for that !” added Earnest Wong .

Property360Digest e-magazine Issue # 8 - 2021