Short-term condo rentals could soon be allowed in Singapore

Singapore’s Urban Redevelopment Authority (URA) have launched a public consultation exercise on a proposed regulatory framework for the use of private residential properties as short-term accommodation (STA).

“After studying the issue for some time, we think it is possible to allow such STAs in private residential properties, but subject to appropriate regulations and safeguards,” said minister for national development Lawrence Wong on Facebook, adding that the government has been “very cautious” about allowing STAs in Singapore.

In the proposed regulatory framework for public consultation revealed on April 16, the URA spelt out the qualifying criteria for homes to be used for short-term stays, conditions and requirements for homeowners, as well as the roles and responsibilities of stakeholders, such as management corporations (MCSTs) and STA platforms.

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