How It Works


Welcome to Rent Tycoons - the first portal dedicated to promote peer-to-peer renting in Singapore! 

Any registered user in Rent Tycoons is both an owner and renter. You are able to do the following: 

Post your item in Rent Tycoons for free!Create an account to rent your desired item!If you cannot find your desired item, just request for it!

At Rent Tycoons, we empower you:

Rent With Confidence

This portal is specially designed to facilitate the entire renting process.

  • Owners determine their own rental fees (daily, weekly and monthly rates).
  • Owners can set the security deposit amount required for their items.
  • Owners and renters are binded by a contractual agreement upon a successful rental transaction. 

Pay Only After A Successful Rental Agreement

Our payment mechanism is designed to offer our customers a peace of mind. 

  • Renters have absolute control over their renting decisions -
    renters reserve their desired items by making their payment to Rent Tycoons. 
  • Rent Tycoons releases payment only when renters have confirmed to proceed with renting. 
  • Refunds will be processed if the rental agreement was called off between owner and renter.
  • Owners claim their rental income from Rent Tycoons only after a successful rental agreement.
  • Rent Tycoons claims a small amount of fee from owners only on successful transactions.

Evaluate Your Renting Experience

Our evaluation system is to promote a responsible renting community.

  • Both owners and renters will evaluate each other after the renting process is completed.
  • Renters can make renting decisions based on the owner's ratings and item's ratings.
  • Owners can decide whether to proceed with renters based on their ratings. 
  • You could report items or behaviors of owners that appear to violate our rules and policies.

 

The Step-By-Step Process in Rent Tycoons:

Step-by-step guide on how peer-to-peer renting works in Rent Tycoons - the leading online peer-to-peer renting community in Singapore

Request Upgrade to Business Account
Upgrade to Business Account will allow you to enjoy multiple benefits such as:
  • Dedicated account manager 7x24 ready to serve you.
  • Upload your items in bulk
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