The Problem With AirBnB In Singapore
Most of us are familiar with AirBnB, if only by reputation alone. The home-sharing site allows users to rent out rooms or even entire apartments and houses to those willing to pay up. This may mean that you have the owner as a room-mate or that you strike lucky and have the entire home to yourself. Prices are generally lower than hotels and you get to stay in relative comfort. Couple this with some local knowledge imparted by your landlord and it sounds great, right? However, AirBnB has come under fire in Singapore recently and amid claims that this type of renting is illegal, we ask ‘what exactly is the problem with AirBnB?’
Illegal breaches and overstayingThe first legal issue that rears it’s ugly head is that of guests overstaying their welcome.
AirBnB should not technically be used in place of renting an apartment for the long-term, but that is invariably what happens. Hundreds of properties were investigated over the last couple of years and in 2017, over 600 were looked into by the URA (Urban Redevelopment Authority). In Singapore, the minimum rental period for private residences is three months. So if you are staying in someone’s home for a couple of weeks, it is technically illegal. This rule is designed to protect rental agencies and also the residents of Singapore. Interestingly, the URA relies on testimony from neighbours and residents in order to investigate the misuse of private properties. Rental agencies are also weighing in on the situation and routinely report on illegal lets and sublets.
[caption id="attachment_17234" align="alignnone" width="300"] AirBnB in Singapore