27 Nov '17, 3am

More private homes investigated for flouting minimum stay law

The number of private residential properties investigated by Urban Redevelopment Authority (URA) for breaching the minimum stay law has risen from 1,000 between 2014 and 2016, or an average of around 330 properties per year, to 600 from January to September this year, reported Channel News Asia . Attributing the increase partly to “heightened public awareness of the regulations in place”, a URA spokesperson revealed that majority of the offences took place in condominiums. To protect the “living environment of neighbouring residents”, URA has set the minimum rental period for private residential properties in Singapore to three months, which means typical short-term letting on platforms such as Airbnb is prohibited. According to the spokesperson, URA is informed of potential violations either through feedback received from affected neighbours or a condominium’s managing ag...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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