Speedrent

What Speedrent does

Speedrent operates a Malaysian residential rental marketplace under the consumer-facing brand Speedhome (speedhome.com), connecting tenants with landlords across Kuala Lumpur, Selangor, Johor, Penang, and other Malaysian urban markets. The platform's core differentiator is a 'Zero Deposit' feature that allows eligible tenants to reduce upfront move-in costs, addressing the friction created by Malaysia's traditional 2-3 month rental deposit norm. The product is delivered as a single self-serve web and mobile-accessible platform offering property search and shortlisting, verified listing badges, direct owner-tenant chat, virtual or physical viewing scheduling, and rental application and move-in coordination. The platform supports English, Bahasa Malaysia, and Chinese, targeting Malaysia's principal demographic segments, and lists properties across a wide price band (RM 350 to RM 5,500 per month) spanning rooms, apartments, condominiums, and houses.

The business operates on a product-led growth model, with the website serving as the primary acquisition funnel for both tenants and landlords via organic search and SEO-driven discovery. Revenue is generated through transaction fees tied to completed rental agreements facilitated on the platform, though specific commission rates, take rates, and contract terms are not publicly disclosed. Customer segments are organized horizontally into two personas: tenants seeking rental properties with reduced friction and landlords seeking verified tenants with reduced vacancy risk. Distribution is exclusively digital and direct-to-consumer, with no third-party channel partnerships, physical retail, or enterprise sales motion evidenced in the source material.

The company is a private entity founded in 2015, headquartered in Kuala Lumpur, Malaysia, and led by co-founder and CEO Wong Whei Meng. No funding rounds, acquisitions, partnerships, patents, awards, or AI/ML capabilities are disclosed in the available source data, representing material information gaps for an investment assessment. The reported headcount of 1-10 employees is inconsistent with active marketplace operations across multiple Malaysian cities and likely reflects a data limitation rather than actual organizational scale.

Name

Speedrent

Legal name

Speedhome

Website

https://speedrent.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

Speedrent (Speedhome) operates a Malaysian residential rental marketplace connecting tenants and landlords, differentiated by a zero-deposit feature, with coverage across Kuala Lumpur, Selangor, Johor, and Penang.

Ownership category

akta.pro rank

Headquarters

HQ city

Kuala Lumpur

HQ country

Malaysia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Digital Commerce or Content

Cost components

Technology or R&D, Operations, Marketing or Sales, Personnel

Revenue model

1. Rental transaction facilitation: Facilitates rental transactions between tenants and landlords. Revenue appears to derive from service fees or commissions on completed rental agreements. The platform enables zero deposit options on eligible listings, suggesting a revenue model tied to rental volume.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Speedrent (operating under the brand Speedhome) is a Malaysian residential rental marketplace platform that connects individual tenants with landlords. It offers property listings for rooms, apartments, condominiums, and houses, with a distinctive zero deposit feature on eligible properties, verified listing badges, and direct in-app chat between owners and prospective tenants. The platform enables search by location, budget, and property type, along with viewing scheduling and move-in coordination.

Product overview

Speedrent (operates under the brand Speedhome) is a unified rental marketplace platform serving the Malaysian residential market. The core offering consists of a property listing and tenant-landlord matching service with a distinctive 'Zero Deposit' feature that allows eligible tenants to reduce upfront move-in costs. The platform also provides verified property badges, direct owner chat functionality, and comprehensive listing details including furnishing status, room types, and availability. The product is delivered as a single web and mobile-accessible platform without modular components or separate product tiers.

Differentiator

Problem solved

Functional benefit

Products and services

• Speedhome (Speedrent) Rental Marketplace

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves4 records

Expansion highlights3 records

Direct peers

• PropertyGuru Malaysia: PropertyGuru is the leading property marketplace in Malaysia, connecting landlords, agents, and tenants for rentals and sales. It directly competes with Speedhome in the Malaysian long-term residential rental listings space, with broader scope including sales and agent-led transactions.
• iBilik: iBilik is a Malaysia-focused room and property rental platform serving tenants and landlords. It competes head-to-head with Speedhome in the budget and mid-market rental segment, especially for room rentals in Kuala Lumpur and surrounding areas.
• Zumper: Zumper is a North American rental marketplace connecting landlords and tenants with verified listings and application tools. It is comparable to Speedhome as a digital-first rental marketplace focused on the landlord-to-tenant transaction flow.

Regional players

• EdgeProp Malaysia: EdgeProp is a Malaysian property media and listings platform offering residential and commercial property data, news, and listings. It is comparable as a regional rental-listing and property-information competitor serving Malaysian landlords and tenants.
• Brickz.my: Brickz is a Malaysian property data and analytics platform that provides transaction history and valuation insights. It is comparable as a Malaysian real-estate data ecosystem player that intersects with the landlord/tenant research workflow Speedhome supports.
• 99.co: 99.co is a Southeast Asian property marketplace with strong presence in Singapore and listings across the region. It is comparable as a regional rental-listing marketplace targeting urban tenants, though it primarily serves Singapore rather than Malaysia.

Broad incumbents

• Zillow: Zillow is the largest US-based residential real estate marketplace, offering rentals, sales, and home-financing tools. It is comparable as a broad incumbent in online residential rental marketplaces, providing a useful reference for platform monetization, scale, and competitive dynamics.
• Zillow Rental Manager / Zillow Apartments: Zillow's rental arm provides landlord listing tools and tenant search across the US. It is comparable to Speedhome as an online rental listing platform with landlord self-serve tools, though operating at vastly larger scale and in a different geography.
• Apartments.com: Apartments.com is a large US apartment rental marketplace with broad landlord tools and tenant search functionality. It is comparable to Speedhome as an established rental-listing platform serving individual landlords and tenants, with a much broader portfolio.

Others

• Rentomojo: Rentomojo is an India-based rental platform offering furniture, appliances, and other consumer goods on subscription. It is comparable to Speedhome as a peer in the broader rental/subscription economy tackling upfront cost friction, though focused on consumer goods rather than housing.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key highlights6 records

Customer concentration

• Xx.com/speedrentapp
• Facebookfacebook.com/speedrent
• LinkedInlinkedin.com/company/speedrent-com

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Speedrent