Hive Quarters - Reno Rent Manage
Kuala Lumpur, Malaysia
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Details
Hive Quarters provides a comprehensive CoLiving management system targeting property investors aiming for enhanced rental returns while minimizing management hassles. With a solid track record over 99 years, Hive Quarters manages over 386 units and 1,588 rooms, maintaining an impressive occupancy rate of 92%. Their strategy touts a 15% higher rental yield and anticipates a rental revenue of approximately RM 10,935,000 by September 2025.
The firm employs a tailored approach to renovation that focuses on different tenant demographics, offering specific renovation designs termed Hive LITE, Hive SUITE, and Hive HOME. Their properties are strategically located in various prime areas, such as Razak City and Novum Bangsar South, with rental prices starting around RM 2,500 for shared living arrangements.
Hive Quarters emphasizes a hassle-free property management service. Their all-inclusive service includes marketing and advertising through property agents to ensure a steady flow of tenant leads, a dedicated management team to handle tenant inquiries, and the coordination of interactions between developers, management offices, contractors, and tenants. They also provide detailed monthly financial statements and meticulous oversight of utilities management to alleviate owners of administrative burdens. Additionally, Hive Quarters commits to maintaining the properties through regular and on-demand servicing, ensuring a seamless experience for both property owners and tenants alike.