16 Apr '18, 3am

Singapore seeks feedback on proposal to allow Airbnb-style rentals

SINGAPORE (Reuters) - Singapore began seeking public feedback on proposals to allow short-term rentals of private homes such as those on Airbnb. 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 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 unauthori...

Full article: https://www.reuters.com/article/us-singapore-airbnb/singa...

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