30 Apr '16, 1am

URA, CEA look into possible rental violations

View of high-rise apartments in Singapore. The Urban Redevelopment Authority (URA) and the Council for Estate Agencies (CEA) are currently investigating possible violations of the minimum rental period for private residential properties, reported The Business Times (BT) . “CEA and URA have been investigating the cases cited by The Business Times ,” Chua Geck Siang, CEA’s Acting Deputy Director (Licensing), told the newspaper. Under the URA’s guidelines, the leasing of an entire flat or rooms to residential tenants is only permitted for six months and above. Anything below that is only allowed for hotels and serviced apartments. However, a BT report earlier this month revealed that some accommodation service providers have been offering short-term stays in private residential properties. They were able to skirt the agency’s rules due to the clever wording of the tenancy agr...

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

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