Flat Monthly and OYO Homes

Flat Monthly and OYO partner for innovative long-term room rental

Flat Monthly (www.flatmonthly.com), a revolutionary web platform for renting apartments, condos and co-living arrangements in southeast Asia, has announced a far-ranging partnership with OYO Rooms Hospitality SDN BHD for listing medium to long term home rentals in Malaysia.

The initial Malaysian roll out will make available 1100 properties in Kuala Lumpur, Malacca, Penang and Johar Baru, showcasing high-end condos and apartments with a digital leasing process to facilitate location of suitable flats and expedite closing deals online.

The new month-or-more rental platform launched in August and currently focuses on property rentals in Malaysia, Singapore, and Thailand.

Flat Monthly is expected to enable OYO Homes to rent its properties more easily and efficiently.

The platform features an all-digital lease-signing, invoicing, and bill-payment process as well as virtual-reality tours and 3D photography to eliminate the needs for physical home inspections, saving time and money for property developers, owners and agents.

Renters in the region will also benefit from a faster and easier search and instant-book capability.

For OYO the new partnership filled a gap in his company’s sales and marketing efforts. While Booking.com, Agoda, and Expedia have contributed significantly to OYO Rooms revenues for short-term accommodation, this new channel partnership with Flat Monthly enables them to expand online marketing of homes to medium- and long-term rentals, enabling them to rent more effectively online and extend their impact throughout the region.

Flat Monthly co-founder Michael Hogg concurred that the OYO partnership was an important breakthrough expected to pave the way for the revolutionary platform to extend into Indonesia, Philippines and Vietnam. 

Mr. Hogg noted that FM commits, at its own expense, to film each home in high definition 3D photos, creating walk-through Virtual Tours that eliminate the need for time-consuming inspection visits.

Renters can confidently choose properties online, check for availability, ask any questions, and book a month-or-more rental instantly. OYO is a perfect partner due to its fast-growing international footprint, its reputation for stylish homes, and its openness to marketing innovation.

About OYO Homes

OYO (www.oyorooms.com) is one of the world’s fastest growing property and hospitality chains, ranking as the 6th largest operator of hotels, homes, managed living and workspaces, comprising more than 23,000 hotels in 800-plus cities and 18 countries across the globe.

About Flat Monthly

Flat Monthly (www.flatmonthly.com) is a revolutionary platform for landlords, agents and tenants to expedite listing, searching and transacting agreements for the medium- to long-term rental of condominiums and apartments.

By moving the rental process wholly online, automating many routine tasks, and adding cutting edge features like 3D photography Virtual Reality tours and digital signing, we offer all parties an innovative way to streamline the rental process end-to-end, saving time and money while achieving more satisfactory results — quicker, easier, and more efficiently.

In short, we make the long-term rental process Beyond Easy! The business currently operates in Thailand, Malaysia, and Singapore.

 

Further Information
Mr. Michael Hogg
Chief Executive Officer
[email protected]

Website: www.flatmonthly.com

Phone:  +65 90303643


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