Singapore Airbnb hosts fined S$60,000 each over illegal rentals
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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 of the Urban Redevelopment Authority's (URA) rules on short-term rentals. Rules making home sharing illegal kicked in on May 15 last year.
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