Singapore peer-to-peer travel website PandaBed has just been launched—by avid local travelers James Chua and Lester Kang—offering two kinds of rentals: single rooms (around US$80 (S$98)) and whole homes (around US$140 (S$170)).

PandaBed also offers special on-location training for homeowners who want to rent their homes out and need professional photographs taken of their property. The website cliental is currently based mostly in the United States, Europe and Australia but the business is looking to grow in Asia. PandaBed joins other social travel sites like Travelmob and Airbnb.

For more details, head to the PandaBed website.