Welcome!
Thank you for choosing Rentlab, Malaysia’s first property rental bidding platform. This “How Rentlab Works” page will walk you through how Rentlab works and benefits you as the Property Owners (Landlords), Property Agents and Tenants.
Are you a Property Owner looking to rent out your property fast?
Are you a Property Agent looking to do more rental deals in less time?
Are you a Tenant looking for a good and fair deal?
3 Key Benefits Of Using RentLaB
1. For Tenants
- Full Property Details - All listings listed are accurate and present clear, up-to-date information about the property.
- Fair Rental Rate - The real-time bidding process ensures a true and fair rental rate based on market sentiments.
- Renting at your Fingertips - Search, view, submit offers and have them accepted online for a wide range of properties at the comfort of your home.
2. For Landlords
- Total Control - The minimum rent, rental terms, and bidding period for your property are all under your control.
- Potential Higher Rent - The fair and transparent bidding process encourages healthy competition.
- Complete Transparency - Have full knowledge on how many offers received for your properties and how much the potential tenants are offering.
3. For Property Agents
- Income Booster - Have your listings stand out and list exclusively on RentLaB.
- More Efficient - Monitor and complete the whole renting & bidding process on your devices anywhere, anytime.
- Time Saving - Skip the need for physical property viewings until qualified tenants are identified to reduce time spent fighting through traffic and entertaining non-serious renters
Reasons to Choose RentLaB
Fair & Transparent
Rentlab's unique rental bidding mechanism encourages healthy market dynamic to determine the true & final rent.
Accurate & Unique
Properties listed on Rentlab are actual properties available for rent. No duplicate of listing are allowed.
No Up Front Cost
It is free to list and bid on Rentlab. We only charge a nominal fee upon successful bidding transactions.
Designed For New Normal
Contactless renting can be completed on Rentlab regardless of any movement restriction.
Comprehensive Services
Rentlab offers a full range of services to ease the property listing and renting process.
Seamless Process
Rentlab improves renting experience by digitalising and automating a variety of the renting processes.
Real Time Engagement
Search property listing, make offers, and bid in real time.
Fair & Transparent
Rentlab's unique rental bidding mechanism encourages healthy market dynamic to determine the true & final rent.
Accurate & Unique
Properties listed on Rentlab are actual properties available for rent. No duplicate of listing are allowed.
No Up Front Cost
It is free to list and bid on Rentlab. We only charge a nominal fee upon successful bidding transactions.
Designed For New Normal
Contactless renting can be completed on Rentlab regardless of any movement restriction.
Comprehensive Services
Rentlab offers a full range of services to ease the property listing and renting process.
Seamless Process
Rentlab improves renting experience by digitalising and automating a variety of the renting processes.
Real Time Engagement
Search property listing, make offers, and bid in real time.
4 Simple Steps to use RentLaB
Step 1
Landlords or property agents list properties and set a bidding time frame.
Step 2
Tenants submit offers and bid from the comfort of their homes.
Step 3
Landlord review and accept the most suitable offer.
Step 4
Landlord and successful bidder execute the Tenancy Agreement.
Step 1
Landlords or property agents list properties and set a bidding time frame
Step 2
Tenants submit offers and bid from the comfort of their homes
Step 3
Landlord review and accept the most suitable offer
Step 4
Landlord and successful bidder execute the Tenancy Agreement
How RentLaB 's Bidding Works
- Rentlab's unique rental bidding mechanism encourages healthy competition to get the fair and best rental from the market for the property at any point of time.
- The bidding only goes upwards, not lower.
- The bidding will always be above the set minimum asking rent.
Explore RentLaB
Testimonials
4 Simple Steps to Use RentLaB
