Malaysian End-to-end Rentals Platform Instahome Partners with Indonesian Counterpart Flokq

February 23, 2022
Share this Post: 

The Malaysian end-to-end rentals marketplace Instahome has announced that it has entered into a partnership with the Indonesian curated co-living specialist Flokq.

According to a joint statement, the partnership will see the two companies share inventory, tech know-how and advice with the aim of targeting a potential customer base of 14,000 Indonesian workers in Malaysia and 3,700 Malaysian students in Indonesia.

Founded by Patrick Grove and Eric Tan, who is the company’s CEO, Instahome is a rentals platform along the lines of Spotahome in Europe or QuintoAndar in Brazil. The company operates an end-to-end model and works to cut out fake and misleading listings, enhance images of listing and streamline the entire listing to rented process.

Flokq is one of a growing number of co-living startups in Indonesia that offer curated living experiences in furnished apartments in Jakarta. The company was founded in 2019 by Anand Janardhanan and Harmeet Singh and last year bought out YukStay for an undisclosed sum.

 

Watch OnlineMarketplaces founder, Simon baker interview Instahome co-founder Patrick Grove as part of Property portal Watch 2020 Bangkok conference...

February 23, 2022
Since March 2020 Edmund's job has been to read about, write about, collect data on, analyse and generally know about real estate marketplaces and the companies that run them. Before that he worked at the aggregator Mitula Group (which became Lifull Connect) for five years.

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Hemnet Vs Rea Group
Analysis: Hemnet Still Playing Catch-up to REA Group When It Comes to Vendor Paid Advertising

Vendor-paid markets are great for real estate portals. For more than a decade the leading Swedish player Hemnet has charged...

Read More
Ohmyhome Full Year Results Net Losses But Big Ambitions
OhMyHome 2023 Full-Year Results: Net Losses But Positive Outlook for Nasdaq-listed Marketplace

The Singapore-based publicly listed company OhMyHome has released its 2023 full-year financial results. Highlights include: Revenues totalled S$5.0 million (US$3.8...

Read More
Homely Financial Results
Australian Portal Homely Records 16% More Enquiries in 2023

Australian challenger portal Homely generated over 15.5 million enquiries in the 12 months from April 2023. Homely, which competes with...

Read More
Yandex Q1 Strong Performance From Divested Assets
Yandex Q1 2024: Net Losses for Remaining Assets After Large Scale Divestments

Yandex N.V., the Dutch holding company of the marketplace giant Yandex, has released its financial results for the first quarter...

Read More