RentScore
we aim to simplify the entire rental process so landlords, agents, and renters can all get on with life with the latest technology.
VISION
We are revolutionizing the perception of property rental in Hong Kong.
As technology continues to revolutionize the way we live, from shopping to dating, the property sector has yet to fully embrace its benefits. Renting a property in Hong Kong remains a cumbersome and challenging process. At RentScore, we strive to simplify this process by leveraging cutting-edge technology, enabling landlords, agents, and renters to focus on their daily lives.
Accelerator and Community
The Hong Kong Science and Technology Parks Corporation
City University of Hong Kong
In Hong Kong
We offer solutions to the following issues.
Absence of a dependable and instantaneous system for screening tenant backgrounds.
The conventional tenant screening practice, which relies solely on payslips and bank statements as evidence of income, is not entirely trustworthy. Tenants may fabricate their income details, and even if their income figures are authentic, it does not guarantee timely rental payments. Consequently, this has led to the emergence of "rogue tenants," who jeopardize the interests of landlords.
Inadequate property management and a lack of rental income protection.
The annual rental yield for Hong Kong properties typically ranges from 1-2%. As a result, many landlords prioritize the potential capital appreciation of their property over passive rental income. Property investment necessitates active management, including maintenance and rental disputes, which can be burdensome for landlords.
Privacy concerns arise when providing proof of income
The conventional rental process mandates that prospective tenants furnish landlords with payslips, tax returns, and, in some cases, bank statements, as evidence of income. This process raises privacy concerns, as tenants may be reluctant to disclose their exact earnings to the landlord.
