The government is considering allowing short-term accommodations in Singapore, subject to proper safeguards and controls.
Short-term accommodations, such as those offered on Airbnb, may be allowed for private homes in Singapore but subject to proper safeguards and controls, said National Development Minister Lawrence Wong in Parliament on Tuesday (6 February).
“We are working out these regulatory parameters and will consult the public on the proposed measures before finalising them,” he said.
SEE ALSO: 20,000 people own 3 to 10 private homes in S’pore: Ministry
Wong revealed that his ministry and the Urban Redevelopment Authority (URA) have held meetings and discussions with various stakeholders on the issue of short-term accommodation.
“There are different views among homeowners who are keen to put out their units for short-term accommodation, and those who are concerned about privacy and safety in their homes. There are also competing interests between hotel operators and short-term stay platform operators like Airbnb,” he noted.
Based on these discussions, Wong believes “there is scope to allow short-term accommodations in Singapore, subject to proper safeguards and controls”.
Romesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email firstname.lastname@example.org