{"id":43293,"date":"2017-02-08T09:37:05","date_gmt":"2017-02-08T02:37:05","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/condos-pass-by-laws-to-curb-short-term-rentals\/"},"modified":"2017-02-08T09:40:39","modified_gmt":"2017-02-08T02:40:39","slug":"condos-pass-by-laws-to-curb-short-term-rentals","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/condos-pass-by-laws-to-curb-short-term-rentals\/","title":{"rendered":"Condos pass by-laws to curb short-term rentals"},"content":{"rendered":"


\nThe government is considering creating a new building-use category for private homes whose owners wish to offer their property for short-term rent.\u00a0
\nIn light of the growing number of homes offered for short-term rentals, the management committees of some condominiums have taken matters into their own hands by passing by-laws aimed at preventing the misuse of apartments, reported TODAYonline.
\nThe measures taken include forcing residents to present tenancy agreements, placing notices of short-term rental guidelines at lifts and lift lobbies, and limiting access to the condominium through the main lobby.
\nOn Monday (6 February), Parliament passed laws that disallows the use of private homes for short-term stay, effectively making it illegal for owners to rent out their property via online homestay portals like Roomorama and Airbnb, reported Channel NewsAsia.
\nNational Development Minister Lawrence Wong, however, revealed plans to create a new building-use category for private homes whose owners wish to offer their property for short-term rent. He noted that the authorities are also looking at reducing the six-month minimum rental period.
\n\u201cBut whatever adjustments we may make to this minimum period, it is clear that we will not accommodate residential homes that are put up for daily rental,\u201d said Wong.
\n\u201cSuch premises which are rented out daily ought to be regulated more like hotels rather than residential homes, and should be subject to relevant license and conditions to ensure proper standards.\u201d
\nIn a separate report by Channel NewsAsia, Airbnb said while it is \u201ccommitted to working with the government to adopt a model of home-sharing that works for Singapore\u201d, it is disappointed that discussion on the issue has not moved forward.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Condos pass by-laws to curb short-term rentals<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The government is considering creating a new building-use category for private homes whose owners wish...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-43293","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-bgh","jetpack-related-posts":[{"id":49825,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/london-luxury-homeowners-turn-to-airbnb-as-sales-slow\/","url_meta":{"origin":43293,"position":0},"title":"London luxury homeowners turn to Airbnb as sales slow","date":"March 27, 2017","format":false,"excerpt":"\r Luxury-home owners in London's best districts, of whom 41 per cent are from overseas, are turning to companies such as Airbnb and property brokers to secure income as their properties languish on the market. Others are trying to boost leasing income with shorter contracts after long-term rents in the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":15938,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/alternative-short-term-rentals-gaining-popularity-in-singapore\/","url_meta":{"origin":43293,"position":1},"title":"Alternative short-term rentals gaining popularity in Singapore","date":"June 9, 2016","format":false,"excerpt":"\r But the question remains: Is it legal there? The debate about whether short-term rentals should be permitted in Singapore continues to make news, after a public consultation conducted by the Urban Redevelopment Authority (URA) provided no clear consensus on the issue. Currently, it is illegal to rent out entire\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18720,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/crackdown-on-airbnb-style-holiday-rentals-in-phuket\/","url_meta":{"origin":43293,"position":2},"title":"Crackdown on Airbnb style holiday rentals in Phuket","date":"July 5, 2016","format":false,"excerpt":"\r Short term holiday rentals not only raise safety concerns and pose a nuisance for neighbors, they also fall foul of the law Many of Phuket\u2019s luxury hotels are being usurped by illegal hotel style rentals at luxury condos. Image credit: Roderick Eime (Flickr) Cape Panwa Hotel Short term \u201choliday\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":45318,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/news-roundup-february-2017\/","url_meta":{"origin":43293,"position":3},"title":"News Roundup (February 2017)","date":"February 24, 2017","format":false,"excerpt":"\r \u00a0 Our top Singapore property stories. Higher demand expected for HDB resale flats: experts HDB resale flats have become more appealing for first-time buyers in light of the higher CPF housing grants announced as part of Budget 2017, said Eugene Lim, Key Executive Officer at ERA Realty Network. \u201cBuyers\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2017\/02\/Luxury-apartments-in-Singapore-1024x680.jpg?fit=1024%2C680&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":62581,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/illegal-short-term-rentals-on-the-rise-neighbours-encouraged-to-report-suspicious-activity\/","url_meta":{"origin":43293,"position":4},"title":"Illegal short-term rentals on the rise, neighbours encouraged to report suspicious activity","date":"August 2, 2017","format":false,"excerpt":"\r View of high-end private apartments in the Orchard Road area. More private property owners in Singapore are renting out their units for short-term stays via apps such as Airbnb, which is illegal under the law. \u00a0 According to the Ministry of National Development (MND), the number of reported cases\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":61368,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/get-the-guru-view-shorter-lease-tenures-but-not-short-enough\/","url_meta":{"origin":43293,"position":5},"title":"Get the Guru View: Shorter lease tenures, but not short enough","date":"July 21, 2017","format":false,"excerpt":"\r Listing of HDB flats and private apartments on home sharing platforms is not legal, but some homeowners seem willing to take the risk due to the stagnant rental market.\u00a0 The state has reduced the minimum lease term to three months, rather than the previous six,\u00a0but continues to outlaw short-term\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2017\/07\/Figure-1-1024x556.jpg?fit=1024%2C556&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/43293"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=43293"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/43293\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=43293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=43293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=43293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}