Singapore’s terms for rentals
Singapore yesterday proposed allowing private home owners to rent out their property for short-term stays but with stringent conditions, a move welcomed by home-sharing giant Airbnb.
It came after two Singaporean Airbnb hosts were fined S$60,000 (US$45,800) each this month for letting out apartments without official permission, underscoring the land-scarce city-state’s strict rules on short-term rentals. The prosecution prompted criticism from the firm, which is a popular and often cheaper alternative to hotels, and authorities decided to examine the issue.
Yesterday, the government’s Urban Redevelopment Authority published proposals for a regulatory framework for private home owners wanting to let out their properties for tourists. Members of the public are invited to provide their feedback until May 31. The proposal refers to private homes in the city-sate, which are usually gated, high-rise condominiums with strict security policies.
It does not cover the government-subsidized apartments where more than 80 percent of the population in the rich but land-starved country live.
The URA’s proposals included measures to safeguard the security and privacy of private home residents, including a short-term rental cap of 90 days per year and limiting the number of persons renting a unit to six. A person wanting to rent out his property for short-term accommodation must also get majority support from the other homeowners in a condominium complex, according to the proposal.
Airbnb welcomed the suggestions. “This public consultation is an important step for the significant number of locals who want to share their homes, and travellers who want a unique and authentic experience when they visit Singapore,” said Mich Goh, head of public policy for Airbnb Singapore.
- About Us
- |
- Terms of Use
- |
- RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证:沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证:31120180004
- |
- 网络视听许可证:0909346
- |
- 广播电视节目制作许可证:沪字第354号
- |
- 增值电信业务经营许可证:沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.