Singapore Airbnb hosts fined S$60,000 each over illegal rentals

Singapore

THE two men who ran a business providing unauthorised short-term stays in a condominium in the Holland Village area were fined S$60,000 each on Tuesday.

Former property agents Terence Tan En Wei, 35, and Yao Songliang, 34, had pleaded guilty to four charges earlier in February and on Tuesday were fined S$15,000 per charge. This is the first case of prosecution for a breach…