Great news for shop renters: now tenants can rent a shop in Lo Wu Station from the comfort of their home, without ever setting foot in it! Thanks to the innovative smart leasing solution brought by MTR, there’s now a more time-saving option for prospective tenants who can rent their shops in a much easier way, without even a site visit.
Partnering with virtual reality (VR) innovators VIRTRIX and Appnovation, the smart leasing platform leverages #VR technology to streamline the shop leasing process. It provides tenants an effortless experience through a number of convenient smart features:
- Virtual station tours: Explore Lo Wu Station and Tung Chung Station’s shops seamlessly without spending a minute on transit
- Virtual staging for shop layout: Experience a tailored leasing journey with virtual staging to visualise your dream shop layout effortlessly
- Simplified process: Complete the deal in just 4 steps. The leasing process has been made quick and easy, so tenants can focus on what matters most – the business
- Instant communication: Tenants are connected with the leasing team anytime, anywhere, saving time on making in-person appointments
Since the launch of the pilot program in January, the leasing team has already seen incredible results. Conversions from inquiries to quality leads are up by 7% while saving 50% of manpower for the team. With shorter deal negotiation time and a focus on high-quality leads, this solution is here to make the leasing experience more efficient and successful.
"Previously, prospects had to shuttle between stations just for site visits, slowing down the entire leasing process. Now, they can browse listings and spaces in VR and connect directly with our team, saving everyone a lot of time and effort," says Jane Ho, Chief Station Retail Manager.
“The smart leasing platform has revolutionised the retail leasing process, offering a time-saving, seamless, and convenient virtual experience,” says Dr. Ricky Szeto, CEO & Executive Director of Hung Fook Tong Holdings Limited, one of the tenants.
This innovative solution would not have been possible without the invaluable contributions from the incredible partners, VIRTRIX and Appnovation, and MTR’s Station Retail Team, including Carey Chan and Samuel Lam.
As our parent company embraces innovation, MTR Lab is also at the forefront of driving solutions through strategic partnerships and investments in technology, and looks to collaborate with more like-minded partners in the future.
