Mind to share what is the highest paid out so far by speedrent?
RM30k is the limit, assuming 2 months deposit the rental is worth rm15k permonth. From my quick browsing of speedrent, it seems I couldn't find any of these properties in speedrent.

I beg to differ. Really. There is a lot of misconception about no deposit.

Yes, we do attract 'financially' bad tenants, but we also attract financially stable tenants. And we perform credit checking on every transaction, which means if tenants that are financially bad, they won't be accepted to rent through SPEEDHOME.

Put yourself in the shoe of tenant - even if you were able to pay deposit, would you like NOT to pay deposit if there is an option?
Put yourself in the shoe of tenant - you have just graduated, your saving in bank is low, unable to pay deposit, but does that mean you are financially bad?
Put yourself in the shoe of a property buyer - is downpayment hard? And if the prop developers gives 0 downpayment - would it suddenly become super easy to own a house? (that happened in 2009-ish, and that's why a lot of people 'got rich' with it). Same logic for 0 deposit for renting a house.

I presume you would understand the pain the tenant goes through. And understand that there tons of upside for owners to gain through enlarged tenant pool of choices, speedier because your neighbours want deposit, and you get insurance protection.

We should objectively analyse the situation, not just looking at one aspect of the situation without looking at other opportunities that arise from that.

It's easy to think like that.

Trend:
1. BNM has surveyed that and 75% of Malaysians couldn't fork out RM1000 for emergency.
2. Gen Y/Z prefer spending on lifestyle to saving.
3. Even Mobile phones/Gadgets (only RM1-5k) can buy with installment instead of cash.

In early 1970s buy house is cash down, don't even have loan, so should we be thankful that now that we can get loan to buy house? Owners always think that tenant "oh 6k also don't have, don't rent laaa". Should property developers think "50k also don't have, don't buy house la"?

We would think logically prop owners are at the better end of income level (T10); hence has the capability to save RM50k. But on tenant side, they are generally at the lower end of income level, maybe M40. So different earning levels have different capabilities to save.

RM10k/mo is easier to save RM2k/mo than RM3k/mo to save RM2k/mo.

Is installment on phones bad? Well yes if you are not managing your debt ratio well. But does it helps drastically improve access to purchase? Yes. So long it's debt is managed properly, what's wrong with installment vs buy outright after all, a lot is going 0% installment anyway.
Waiver of downpayment/deposit = ease of purchase for you to buy and developer to sell / ease for tenant to rent, faster for you to transact.
Developer = owner. If developer is easy to sell, then owner can easily rent out.
Risk = Filtered through credit checking, and if checking failed, you have insurance to cover deposit. Risk is born by Allianz at the worst.

Take note that the insurance has 3 components:
1. Rental loss - if tenant default or early terminate and runaway - 2 months - that is equivalent to your traditional 2 months of deposit.
2. Inconvenience benefits (RM1000/RM2000 depending on insurance plan) - claims for cleaning / utility bills - that is equivalent to 0.5 - 1 month worth of deposit

1 + 2 is already sufficiently match what traditional deposit covers. But what's on TOP of your traditional deposit, the insurance also cover:

3. Damage or theft to household content - RM15k/RM30k depending on insurancep lan. Technically anything extra you claim from this portion is already better than deposit. Bonus.

The reason I came here because I have registered on their website to advertise my property. There are few potential tenants requesting for view purposes. But I have yet to make a reply. Still worry of the risks. I think next time if you want to make a claim which is hard to prove and without a receipt, you have to make a lengthy argument in here for months, with heartbroken and all then only you will be reimbursed.
Somemore if you look at the wear&tear sample shown on the website, it's quite unreasonable.

But the conventional way of getting a deposit, you can deduct from it for whatever defective items or damages in the property.

So what do you think?
You made me feel that it's your own company disbursement rather than from Allianz. That's why I asked if you can disclose some proof that it's indeed disbursement from Allianz. Because it's very unlikely that Allianz will pay in such circumstances that had been discussed in recent posts.

I'm sorry I haven't been able to convince you. And this is a forum where it is open for opinion and debate, and I admittedly said deposit has its pros, so is insurance. For further transparency.

Stats:
50th percentile - all claims* taken care by Basic package.
~85th percentile - all claims* can be taken care of with Extended package.
* means the submitted claim vs approved claim = 100% match.

Remaining 2% - Allianz approved less, we pay from our pocket to subsidize when we think it is reasonable for landlord to claim it.

We do what's right and fair, I'm a landlord as well, so I know the pain. And where ever Allianz didn't payout as much as landlord expected but we thought that it warrant assistance we subsidize, most if not all landlords were satisfied with the outcome. And those we subsidise is in excess of 2% sample size stated. So in other words, we will make sure landlord is better protected, and certainly making sure it has a better outcome than taking deposit. 

So you can choose to bombard on our extreme cases, which is super rare. When extreme cases happen to you when you take deposit, I'm absolutely 100% sure without a doubt that you will be better off with insurance. One way or another, Allianz or SPEEDHOME will make it right to you because we are here to protect both landlord and tenant.