The first tech-based real estate portal in Malaysia called Bumbung, which was launched recently, is looking to provide long-term solutions to home seekers and real estate agents.
The website, www.bumbung.co, is designed to aid property hunters by allowing them to make informed decisions with established and reputable real-estate agents.
The local startup is co-founded by Gadiy Lim and Claire Berneron, who said the concept was based on their personal experiences and observations on the purchasing process, and the hurdles faced in renting and selling property.
Lim said the proposition was to create a bridge between homeseekers looking for their dream homes and match them to the hardest working agents in the country who may have them.
“In pursuit of bridging that gap, our KPI is to ensure each transaction and request is convenient, transparent and innovative,” he said.
He said one of the most unique points about Bumbung is that real estate agents will only be charged based on the number of confirmed viewings, which ensures a fair and equal opportunity for every property that is listed on the site.
“Other key things that make Bumbung stand out include a rating system for real estate agents, ensuring only the best real estate property agents are on the platform, and professional photography services for those looking to make their listings more presentable,” he said.
Lim said that safety, trust and privacy are also priorities when it comes to vetting both users and real estate agents, and a lot of attention was focused on ensuring only licensed real estate agents are listed in Bumbung.
“Our long-term goal is to become more than just a platform for our users. As Malaysia’s first tech-based real estate agency, we see it as our duty to ensure users enjoy the process when looking for their dream homes,” he said.
In the months leading up to its official launch, Bumbung has gained attention and support from a number of prominent real estate companies, including Chester Properties Sdn Bhd, Metro Homes Sdn Bhd, Homegates Realty Sdn Bhd, MegaHarta Real Estate Sdn Bhd, Re/Max Malaysia, and some of the local Reapfield Properties Sdn Bhd’s branches.