MetroResidences set to transform industry with introduction of fully digital rental experience
MetroResidences makes headway in the residential rental market by being the first in the industry to provide users with a fully digital rental experience. The Singapore-headquartered hospitality management company announces a series of product upgrades to its platform that significantly reduces the time taken for users to rent a residential accommodation, breaking the mould of the standard rental process of serviced apartments and residential accommodation providers.
The launch of these features extends to Instant Booking, Immediate Payment, Live Availability, and a Guest Dashboard. With the introduction of these features, MetroResidences continues its mission of simplifying how users make their next online accommodation rental.
Traditional leasing companies usually see apartment rental processes range from one to two weeks, with the bulk of the waiting time resulting from payment confirmation, tenant screening, and contract signing. With the new digitalised rental system, MetroResidences is able to compress this waiting duration to just two minutes.
While considering the demands of a changing global landscape, MetroResidences recognizes the need for instant confirmation. The Live Availability tool is available on all listings on its platform, enabling users to rent apartments that are available, removing the need to call in to check for availability.
MetroResidences is also providing users the flexible option of tailoring their stay with add-on services such as housecleaning, airport transfers, unlimited utilities, and much more. For payments, users have the option to pay either via credit card or bank transfer - a first in the industry which helps users avoid high admin charges.
The new Guest Dashboard offers a transparent view of rental charges and allows users to fully manage their future rentals. The dashboard also allows users to easily upload required identification and travel documents, such as passport details and bank deposit slips, to be approved within 24 hours.
“By keeping abreast with trends and listening to the needs of our now volatile market, the launch of these features establishes MetroResidences as one of the few platforms that offer a truly digital rental experience for residential leases greater than a month. Such additions to the rental processes allow us to remain steadfast in our pursuit to simplify leasing.” said Lester Kang, Co-founder and COO MetroResidences.
To date, over 50 percent of MetroResidences’ transactions are made instantly via this automated system. The company’s vision in the next three years is to move 100 percent of rental transactions online, making MetroResidences the easiest way to rent an apartment.
Click here to learn more about MetroResidences.