{"id":81994,"date":"2018-03-06T10:52:55","date_gmt":"2018-03-06T03:52:55","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/airbnb-ready-to-make-concessions-in-singapore\/"},"modified":"2018-03-06T11:02:50","modified_gmt":"2018-03-06T04:02:50","slug":"airbnb-ready-to-make-concessions-in-singapore","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/airbnb-ready-to-make-concessions-in-singapore\/","title":{"rendered":"Airbnb ready to make concessions in Singapore"},"content":{"rendered":"


\nA top executive at Airbnb said the home-booking company is willing to make concessions on short-term rentals within Singapore, which is one of the toughest markets in which it operates, reported Reuters.
\nThe move comes after two men were charged for unauthorized short-term rental of apartments late last year.
\nAirbnb global policy head Chris Lehane said the company may put a cap on the number of days hosts in the city-state can rent their homes, while a registration system for hosts could help the government address any issues that may arise.
\nIf asked, the company would not also list public housing on its platform.
\n\u00a0\u201cWe feel optimistic that as the government looks around and sees the 400 plus partnerships that have been done, that if we can figure this out in Cuba, we should be able to figure it out here in Singapore,\u201d explained Lehane, who noted that the company had managed to make great strides in other markets like Cuba and China.
\n\u00a0With majority of its 5.6 million people living in apartments, the city-state has strict rules on short-term rentals.
\n\u00a0Private homes may only be rented for a minimum period of three consecutive months while public housing may be rented for a minimum period of six months.
\n\u00a0Although it is not a large market for Airbnb, Singapore serves as the company\u2019s headquarters for Asia Pacific.
\n\u00a0
\nThis article was edited by Keshia Faculin.
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Airbnb ready to make concessions in Singapore<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A top executive at Airbnb said the home-booking company is willing to make concessions on...<\/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-81994","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-lku","jetpack-related-posts":[{"id":76974,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-airbnb-hosts-to-plead-guilty-to-illegal-home-sharing\/","url_meta":{"origin":81994,"position":0},"title":"Two Airbnb hosts to plead guilty to illegal home-sharing","date":"January 17, 2018","format":false,"excerpt":"\r The lawyer of two Airbnb hosts who were charged in Singapore with unauthorised short-term letting expects both men to plead guilty in February, reported Reuters. 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