MilikiRumah: A New Chapter in Rent-to-Own Housing with $1.4M Boost

Deal News | Jan 29, 2025 | Aim Group

Indonesia-based MilikiRumah, launched last year, is making waves in the real estate market with its innovative rent-to-own housing solution. The startup has successfully raised $1.4 million in a seed funding round, showcasing the growing investor interest in alternative housing models. This financial boost comes from a notable figure in the property market, Steve Melhuish, co-founder of PropertyGuru. The founders of MilikiRumah, Winston Lee and Marine Novi, are now poised to advance their vision of making home ownership more accessible. As the housing market evolves, MilikiRumah stands out as a promising player, potentially leading to shifts in how housing can be acquired by the masses in Indonesia.

Sectors

  • Real Estate
  • Financial Services

Geography

  • Indonesia – MilikiRumah is based in Indonesia, and the housing market trends discussed in the article pertain to this country.

Industry

  • Real Estate – The article discusses MilikiRumah, a company involved in providing housing solutions, indicative of the real estate industry.
  • Financial Services – The article highlights a seed funding round, a part of the financial services industry which involves investing and raising capital for companies.

Financials

  • $1.4M – The amount raised by MilikiRumah in its seed funding round.

Participants

NameRoleTypeDescription
MilikiRumahTarget CompanyCompanyAn Indonesia-based startup providing rent-to-own housing solutions.
Steve MelhuishInvestorPersonCo-founder of PropertyGuru and investor in MilikiRumah's seed funding round.
Winston LeeFounderPersonCo-founder of MilikiRumah.
Marine NoviFounderPersonCo-founder of MilikiRumah.