URA orders detailed survey on Airbnb-type rents

Romesh Navaratnarajah24 Jul 2018

IMF Singapore property foreign buyer

URA received mixed reviews during an earlier public consultation and will continue to study the matter carefully.

Given the mixed results of the public consultation earlier this year, the Urban Redevelopment Authority (URA) has commissioned a research firm to conduct a more detailed survey of Singaporeans’ views on short-term accommodation, reported the Straits Times.

URA explained that the results of the survey will complement feedback obtained from stakeholders via the public consultation exercise and meetings conducted earlier in the year.

More: Over a thousand unauthorised short-term stays reported between 2015 – 2017  

URA received mixed views during the public consultation with some saying that the proposed regulations were overly stringent, while others felt that “tighter regulations were needed, especially to address the concerns of those who might not be willing to have their residential apartments let out for short-term accommodation”.

“We will continue to study the matter carefully, before deciding on the next steps forward,” said a URA spokesperson.

National Development Minister Lawrence Wong had earlier said in Parliament that new laws allowing for Airbnb-style stays are unlikely to be implemented anytime soon.

In fact, the three-month minimum stay for private housing remains applicable, he said in response to questions relating to the ongoing review of a proposed framework for regulating short-term rents of private homes.

Among the proposals made was to allow private housing to be used for short-term stays for up to 90 days, provided owners who hold 80 percent of the share value consent to the change.

Wong revealed that the public consultation ended in May with mixed feedback.

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Romesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email romesh@propertyguru.com.sg


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