The Singapore government has passed legislation reinforcing a ban on Airbnb-style short-term home rentals. Photograph: — Image Credit: Those found to be breaking the rules can be fined up to SGD200,000 ($141,000) or jailed for up to 12 months. The new law will give URA officials increased powers to question and investigate suspected rule violators. Airbnb sent a statement to Channel NewsAsia in which it said it was disappointed by the legislation.
The Singapore government has passed legislation reinforcing a ban on Airbnb-style short-term home rentals. Photograph: Those found to be breaking the rules can be fined up to SGD200,000 ($141,000) or jailed for up to 12 months. The new law will give URA officials increased powers to question and investigate suspected rule violators. Airbnb sent a statement to Channel NewsAsia in which it said it was disappointed by the legislation.