Coastal Property Turnaround: From 40% to 75% Occupancy in 3 Months
When Mr. Lim contacted iHousing about his 2-bedroom condominium at Pantai Kundur, he was frustrated. Despite its prime beachfront location, his Airbnb was sitting empty 60% of the time. Three months later, his occupancy hit 75% and monthly revenue increased by 87%.
Here's exactly how we achieved this transformation—and how your coastal property can achieve similar results.
The Challenge: Underperforming Coastal Asset
Initial Situation (Month 1)
Property Details:- Location: Pantai Kundur, 5th floor, sea view
- Size: 850 sqft, 2 bedrooms, 2 bathrooms
- Condition: Recently renovated, modern furnishing
- Previous management: Self-managed by owner
| Metric | Performance | Industry Average |
|---|---|---|
| Occupancy rate | 40% | 65-75% |
| Average daily rate | RM280 | RM350-450 |
| Monthly revenue | RM3,360 | RM6,000-9,000 |
| Guest rating | 4.2★ | 4.7★+ |
| Platform presence | Airbnb only | Airbnb + Booking.com + Agoda |
- "Why isn't my beachfront property booking?"
- "I'm losing RM5,000+ monthly compared to neighbors"
- "I don't have time to manage this properly"
Diagnostic Phase: Identifying Issues
iHousing Property Assessment
We conducted a comprehensive audit and identified five critical problems:
Problem 1: Flat Pricing Strategy- Issue: Same rate (RM280) every night, regardless of season or demand
- Impact: Missing 40-60% premium on weekends and peak season
- Solution: Implement dynamic pricing (RM500 weekends, RM350 midweek)
- Issue: Listed only on Airbnb
- Impact: Missing Booking.com's last-minute business travelers and Agoda's Asian tourists
- Solution: Multi-platform listing (5 platforms total)
- Issue: 6 photos, all taken with smartphone, poor lighting
- Impact: Low click-through rate (1.2% vs 3.5% average)
- Solution: Professional photography session (20 photos)
- Issue: Listing described property features only
- Impact: Failed to highlight Pantai Kundur beach activities and attractions
- Solution: Created comprehensive activity guide and local experience packages
- Issue: Owner responded within 24 hours (too slow for instant-gratification travelers)
- Impact: Lost bookings to faster-responding competitors
- Solution: responsive professional response team (average 15-minute response time)
Transformation Strategy Implementation
Month 1: Foundation Building
Week 1-2: Platform Expansion| Action | Implementation | Result |
|---|---|---|
| Setup Booking.com | Optimized listing, competitive pricing | +6 bookings Month 1 |
| Setup Agoda | Asian market focus, Chinese language | +4 bookings Month 1 |
| Setup VRBO | Family-oriented positioning | +3 bookings Month 1 |
| Setup Expedia | Corporate traveler targeting | +2 bookings Month 1 |
- Hired professional real estate photographer (RM800 investment)
- 20 high-resolution photos taken at golden hour
- Drone photography for coastal context shots
- Result: Click-through rate increased 180% (1.2% → 3.4%)
- Occupancy: 40% → 52% (+30% improvement)
- Monthly revenue: RM3,360 → RM5,100 (+52%)
Month 2: Pricing & Content Optimization
Dynamic Pricing Implementation:| Period | Old Rate | New Rate | Impact |
|---|---|---|---|
| Fri-Sat (peak) | RM280 | RM450-500 | +70% revenue |
| Sun-Thu | RM280 | RM250-300 | Fill gaps |
| School holidays | RM280 | RM500-550 | +90% revenue |
- Rewrote listing description (300 words → 800 words)
- Added "Pantai Kundur Beach Activities" section
- Created in-room guest guidebook with local attraction map
- Result: 4.8★ guest rating (up from 4.2★)
- Occupancy: 52% → 68% (+31% improvement)
- Monthly revenue: RM5,100 → RM7,200 (+41%)
Month 3: Advanced Optimization
Multi-Platform Calendar Sync:- Implemented channel manager software
- Zero double-bookings across 5 platforms
- Automated minimum stay adjustments
| Promotion | Offer | th>Bookings Generated|
|---|---|---|
| Last-minute midweek | 25% off 48h before | +8 nights filled |
| Monthly stays | 40% off 28 nights | 2 month-long bookings |
| Family package | Free beach toys | +12 weekend bookings |
- Occupancy: 68% → 75% (+10% improvement)
- Monthly revenue: RM7,200 → RM9,350 (+30%)
Results: 3-Month Transformation Summary
Performance Comparison
| Metric | Before | After | Improvement |
|---|---|---|---|
| Occupancy rate | 40% | 75% | +87.5% |
| Average daily rate | RM280 | RM415 | +48% |
| Monthly revenue | RM3,360 | RM9,350 | +178% |
| Annual projection | RM40,320 | RM112,200 | +178% |
| Guest rating | 4.2★ | 4.8★ | +14% |
| Platform presence | 1 | 5 | +400% |
| Owner time required | 15-20 hrs/week | 0 hrs | -100% |
Financial Impact Breakdown
Additional Revenue Generated:- Monthly increase: RM5,990
- Annual increase:RM71,880
- Investment in improvements:RM2,500 (photography + setup)
- ROI on improvements:2,875% in first year
- iHousing flat fee:RM250/month
- Commission saved:RM1,400/month vs competitors (20%)
- Net owner income:RM9,100/month
Key Success Factors
What Made the Difference
1. Multi-Platform Presence (+40% bookings) Listing on 5 platforms instead of 1 captured diverse guest segments:
- Airbnb: International tourists, families
- Booking.com: Last-minute business travelers
- Agoda: Asian tourists (Singapore, China, Indonesia)
- VRBO: Extended family stays
- Expedia: Corporate contracts
- Weekend premiums: 60-70% above midweek rates
- Seasonal adjustments: 80-100% higher during peak periods
- Last-minute discounts: 25% off to fill gaps
- Monthly stay incentives: 40% off for 28-night bookings
- Professional photography (worth the RM800 investment 10x over)
- Detailed local activity guide
- Keyword-optimized description
- Compelling guest reviews showcased prominently
- Average 15-minute response time (vs 24 hours before)
- Professional, friendly communication in English + Malay
- Proactive pre-arrival information
- During-stay support for any issues
Owner's Testimonial
From Frustrated to Thriving
"Before iHousing: I was ready to sell the property. It was losing money every month and I couldn't keep up with guest messages. I dreaded the phone notifications."
After iHousing: "Now I look forward to the monthly reports. Seeing RM9,000+ in revenue when I used to get RM3,000—it's incredible. And I haven't replied to a guest message in 3 months because iHousing handles everything."
- Mr. Lim, Property Owner since 2023
Your Property Can Achieve Similar Results
iHousing's Proven System
Every coastal property we manage receives:
Complete Platform Setup:- Optimized listings on 5 platforms
- Professional photography included
- SEO-enhanced descriptions
- Dynamic pricing adjustments
- Calendar synchronization (no double-bookings)
- Strategic promotions for low-demand periods
- responsive communication in multiple languages
- Check-in/check-out coordination
- Cleaning and maintenance supervision
- Review management and responses
- Monthly revenue breakdown by platform
- Occupancy and ADR analysis
- Optimization recommendations
Start Your Transformation Today
Ready to turn your underperforming coastal property into a revenue-generating asset?
WhatsApp iHousing Melaka for:- Free property assessment and revenue potential analysis
- Custom transformation plan tailored to your property's challenges
- ROI projection based on similar Pantai Kundur properties
- No obligation consultation—we earn our fee through results
Don't let your coastal property sit empty another month. Let iHousing implement the same proven strategies that took Mr. Lim's property from 40% to 75% occupancy in just 90 days.
Our coastal properties average 75%+ occupancy within 3 months. What could your property achieve?[WhatsApp iHousing Melaka for Free Property Assessment]
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