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Airbnb-style short-term home sharing still illegal: URA

Property market watchers say mid-market hotels and economy options will benefit the most from URA's move to keep the status quo

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Most of more than 1,000 private home-owners in a URA survey last year backed the URA's proposed rules to restrict the leasing of private apartments for short stays.

Singapore

THE decision by the Urban Redevelopment Authority (URA) to keep the status quo for short-term stays in private homes has likely triggered a collective sigh of relief from among hospitality players, who have seen their business eaten into.

This development means that...

sentifi.com

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