Innovation That Matters

Peer-to-peer housing site connects foreign tenants with landlords

Property & Construction

Boxyroom hopes to help future tenants moving to a new country find landlords and vice versa.

The peer-to-peer model has proved useful in the past for communities wanting to better organize parking spaces and car sharing. Based in Singapore, Boxyroom is using this same method to help future tenants moving to a new country find landlords and vice versa. Tenants first type in the location they are moving to and browse any available houses. After picking a potential property, they then fill out an application form which is sent to the landlord. Landlords choose the most suitable tenant, who then pays a one-month security deposit to Boxyroom and receives a payment code. On the move-in date, the tenant hands the payment code to the landlord so they can retrieve their deposit. The site provides a safe and easy way for tenants to find a home in a new country – which can otherwise be a daunting task – while landlords benefit from greater security and less interference from middle men. How else can directly connecting customers and providers offer a more fruitful way of doing business? Spotted by: Murray Orange

Email: contact@boxyroom.com

Website: www.boxyroom.com