Using Tech to Strike a Balance Between Tenants and Landlords

Earnest Wong, Founder & CEO, Blue Duck Tech

30-Jun-23 10:00

Using Tech to Strike a Balance Between Tenants and Landlords

Pause
Embed

There’s a key issue that many tenants or potential renters face when they’re looking to rent a property - that’s the initial cash deposit that can significantly impact a renter’s liquidity position. At the same time, landlords want that deposit to help financially protect themselves and their properties.

And the answer to this conundrum is? Well, tech it seems.

Founded in 2018, Blue Duck Tech is a fintech company that provides financial services in the real estate landscape in Malaysia. Their key offering, a Zero Deposit Program to help replace the old rental deposit model with one that strikes a balance between tenants and landlords.

Earnest Wong, Founder and CEO of Blue Duck Tech, joins us to get into the business model and technology that drives this startup, how they manage the associated risks, and what’s next for them.

Produced by: Roshan Kanesan

Presented by: Roshan Kanesan

This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories: technology, entrepreneurs, SME, property, financial wellness

Tags: proptech, real estate, fintech, digital financial services,

Today’s Shows

6:00 AM

The 6AM Stretch

Thought-provoking discussions on ideas, people and events shaping our lives.

7:00 AM

World Market Watch

Vishnu Varathan, Head of Economics & Strategy, Mizuho Bank tells us where international markets are heading.

7:15 AM

Morning Brief

We recap global and local headlines from today's papers and portals.

7:30 AM

Morning Brief

Dr Kathryn Robison, Lecturer in American Studies, United States Studies Centre, University of Sydney on the United Stated partial government shutdown and political tension.

7:45 AM

Morning Brief

Danesh Prakash Chacko of TINDAK weighs in on whether limiting the PM’s tenure and electing KL’s mayor could strengthen governance and trust.

8:00 AM

The Breakfast Grille

Alex Ong, Executive Director of Hock Soon Capital, discusses the future of its poultry business on its way to the Main Market.

8:30 AM

Morning Brief

Ravi Kittane, Partner at Ernst & Young Consulting, discusses the digital banks' business in Malaysia and the region.

8:45 AM

Morning Brief

(REPEAT) We dive into the local and international news that matters to you.

9:00 AM

Opening Bell

(REPEAT) Vishnu Varathan, Head of Economics & Strategy, Mizuho Bank tells us where international markets are heading.

9:15 AM

Opening Bell

Mohd Fadzerin Arrifin, Equity Analyst, BIMB Securities Research discusses Malaysia's property and REIT sectors.

9:35 AM

The Property Show

Dr. Tan Loke Mun, Principal of DrTanLM Architect, assesses KL's River of Life project 15 years on.

10:05 AM

Open For Business

Buzz ditched its green-tech BeeBag idea after hitting a scaling wall, for “commerce media,” turning fintech apps into ad channels. We unpack the kill signal behind the pivot, why item-level purchase data is the real moat, and whether your banking app is about to become the next big billboard

11:00 AM

The Workplace

Sharmini Ann Jacob, Executive Director of Business Transformation (People & Change), KPMG Malaysia

12:00 PM

Enterprise Explores

What happens when the cost of intelligence hits zero? Peng T. Ong joins us to explore the "Economic Singularity." From the "Star Trek vs. Wall-E" future to the death of inflation, we ask: how do we survive the end of work, and what is the "human premium" in a world of automated abundance?

1:00 PM

The Breakfast Grille Repeat

Alex Ong, Executive Director of Hock Soon Capital, discusses the future of its poultry business on its way to the Main Market.

2:05 PM

Discovery Hour

An eclectic selection of BBC shows, curated with variety in mind.

3:05 PM

Earth Matters

This World Wetlands Day, we explore Kuala Selangor Nature Park, where mangroves, mudflats, and wildlife thrive just minutes from the city.

4:05 PM

Health & Living

“I’m overstimulated”. By now, we’ve probably heard or seen someone say this but what does it actually mean to be overstimulated? How do you know if that’s what you’re feeling like?

5:00 PM

Top 5 at 5

A countdown of the 5 biggest stories of the day, to catch you up on all you need to know!

6:00 PM

Big Issue

7:00 PM

Stories of KL

We learn about the art of Kavadi making with father-son artisans K Sivarajah and Sathish Raja.

8:00 PM

Cruise Control

Daniel took the new 2026 Proton Saga MC3 out for a ride and share his thoughts on this car and its larger meaning to Malaysians.

PROGRAMMES