JEN LEASE & RENT

1 WHAT IS LEASING?

  • Leasing is the form outlining the agreement between a lessor and lessee that dictates how long an asset or property will be rented.

  • Common practice for leasing period is 12 months but this is subject to mutual agreement between parties.


2. WHAT IS RENTNG?

  • Renting is entering into an agreement with the Tenant for a certain period to use an asset or property.

  • Common practice for renting period is 1-3 months but this is subject to mutual agreement between parties.


3 Your benefits when using JENGROUP Leasing & Renting (L&R) Services?

3.1 Benefits for Lessor/Landlord:

  1. Free of Charge advertising your asset or properties on JENGROUP website.

  2. Free of Charge for Deposit document preparation.

  3. Free of Charge for Contract document preparation with details terms & conditions.

  4. Eliminating waiting time pre-screening document present to both parties before signature.

  5. Support Lessor to register residency book with police department if required.

  6. Support outsourcing vendor to fix your asset or property before handover to Lessee.

  7. Support Lessor to work on utilities services & monitoring payment process each month.

  8. Closely monitoring renewal contract if both parties wish to continue.

  9. Align the best meet criteria between Lessor and Lessee.

  10. Receive JENGROUP Lunar new year gift.


3.2 What is the Leasing/Rent services fee?

  • Only One (1) month of monthly leasing fee from the leasing agreement of 12 months contract duration between Lessor & Lessee.

  • Only One and Half (1.5) month of monthly leasing fee from the leasing agreement of 24 months contract duration between Lessor & Lessee.

  • It’s mutual agreement for renting services due to short period of time and services.


3.3 Why do services fee apply to Lessor?

  • This is to support our infrastructure system running up to date.

  • This is to support our people to stay motivate and consistently looking for the best solution to serve you better.

  • This is to ensure your asset or property being utilized in order to improve the return of your investment.


3.4 Benefits for Lessee/Tenant:

  1. Free of Charge advertising your demands on our website.

  2. Free of Charge orientation services to help Lessee familiar with the living area.

  3. Free of Charge for Contract document preparation with details terms & conditions.

  4. Eliminating waiting time pre-screening document present to both parties before signature.

  5. Support Lessee to register residency book with police department if required.

  6. Support outsourcing vendor to fix asset or property before returning to Lessor at the end of each contract services agreement.

  7. Support Lessee to work on utilities services & monitoring deposit payment return process at the end of services agreement contract.

  8. Closely monitoring renewal contract if both parties wish to continue.

  9. Align the best meet criteria between Lessee and Lessor.

  10. Receive JENGROUP Lunar new year gift if Lessee signed agreement with at least 12 months duration.


3.5 What is the Leasing & Renting services fee?

  • Only six (3%) percent of monthly leasing fee from the leasing agreement of 12 months contract duration between Lessor & Lessee.

  • Only three (2%) percent of monthly leasing fee from the leasing agreement of 24 months contract duration between Lessor & Lessee.

  • It’s mutual agreement for renting services due to short period of time and services.


3.6 Why do services fee apply?

  • This is to support our infrastructure system running up to date.

  • This is to support our people to stay motivate and consistently looking various options in order to provide the best solution to serve you better.

  • This is to ensure you feel happy and comfortable with your leasing contract during the term of the period execution.