Friday, October 28, 2022

Security & Utilities Deposit for Co-living Room Rental

There are many co-living or room rental operators in KL & Selangor (Klang Valley) that request for 1 month deposit or zero deposit to move in. 

However, for co-living room rental units under the management of Hex Resources Sdn Bhd or its affiliates, the deposit requirement is as below:

Security deposit: 2 months x rental fee

Utilities deposit: 0.5 months x rental fee

To move in, new tenant has to pay 2.5 months deposit + 1 month rental.

The reason we collect full deposit instead of low or zero deposit is to ensure the quality of tenants is somehow guaranteed.

Our co-living room rentals are targeting female tenants. We would like to offer lady tenants who prefer to stay in ladies only unit and also who plan to stay at least 12 months.

We believe by securing 2.5 months deposit and with our potential tenant profile screening process, the tenants of the co-living are more descent and the co-loving environment become comfortable and harmonies.

Our aims is to provide a safe and comfortable place to our tenants. While our tenants are working hard in their career or education, they can enjoy peace and comfortable living condition at affordable fee. 

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