4Hoteliers
SEARCH
SHARE THIS PAGE
NEWSLETTERS
CONTACT US
SUBMIT CONTENT
ADVERTISING
Home-sharing platforms take a hit as Singapore government bans short-term rentals.
Monday, 13th February 2017
Source : Marissa Trew

Singapore has moved to ban short-term home rentals in the city, directly impacting popular ‘alternative accommodation’ companies like Airbnb and HomeAway Asia.

The Urban Redevelopment Authority (URA) introduced new ‘guidelines’ into the Planning (Amendment) Bill that was passed in Parliament on February 6, 2017, two years after starting public consultations on short-term rentals.

Laws surrounding subletting homes remain largely unchanged, stipulating that homeowners do not have the right to lease their properties as accommodation for periods under six months (unless permission has been obtained by the URA).

However, the new legislation grants a rather intimidating level of authority to URA officers to ensure that rules are properly observed. URA officers will be permitted to call any potential ‘violators’ for questioning, demand any information or documents deemed relevant to the case, take on-site video evidence and even conduct forced entry into suspected homes.

Those found guilty face fines of up to S$200,000 or a maximum jail term of one year.

Read the full story here.

 Latest News  (Click title to read article)




 Latest Articles  (Click title to read)




 Most Read Articles  (Click title to read)




~ Important Notice ~
Articles appearing on 4Hoteliers contain copyright material. They are meant for your personal use and may not be reproduced or redistributed. While 4Hoteliers makes every effort to ensure accuracy, we can not be held responsible for the content nor the views expressed, which may not necessarily be those of either the original author or 4Hoteliers or its agents.
© Copyright 4Hoteliers 2001-2024 ~ unless stated otherwise, all rights reserved.
You can read more about 4Hoteliers and our company here
Use of this web site is subject to our
terms & conditions of service and privacy policy