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.
The Singapore government has passed legislation reinforcing a ban on Airbnb-style short-term home rentals. Homeowners are banned from subletting their homes for less than six months, under current guidelines set by the Urban Redevelopment Authority (URA). 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.