Singapore Seeks Feedback On Proposal To Allow Airbnb-Style Rentals - FbiCables Network | The News that Shapes World Opinion

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Monday, April 16, 2018

Singapore Seeks Feedback On Proposal To Allow Airbnb-Style Rentals


FILE PHOTO: A woman talks on the phone at the Airbnb office headquarters in the SOMA district of San Francisco
FILE PHOTO: A woman talks on the phone at the Airbnb office headquarters in the SOMA district of San Francisco, California, U.S., August 2, 2016. REUTERS/Gabrielle Lurie/File Photo
April 16, 2018
SINGAPORE (Reuters) – Singapore began seeking public feedback on proposals to allow short-term rentals of private homes such as those on Airbnb.
The government is seeking feedback on issues such as what homes should qualify and the responsibilities of short-term accommodation platforms, the Urban Redevelopment Authority said on Monday.
The proposed rules require that a significant majority of owners in a condominium agree to the presence of short-term rentals in their development. The agency also proposed an annual rental cap of 90 days that a property can be used for short-term rentals.
Earlier this month, a Singapore court fined two Airbnb hosts a total of S$60,000 ($45,800) each for unauthorized short-term letting.

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