News analysis

Proposed home-stay rules set the bar high for owners

Proposals seem to facilitate rentals, but requirements present hurdles

After several years in the pipeline, a framework trying to balance Airbnb-style short-term stays and the associated disamenities is up for public consultation.

The main takeaway from the Urban Redevelopment Authority's (URA) suggestions yesterday was a 90-day rental cap, as long as owners holding 80 per cent of the share value give the nod to a change in land use.

TO READ THE FULL ARTICLE

Thank you for reading The Straits Times

You have reached one of our Premium stories. To continue reading, get access now or log in if you are a subscriber.

What is Premium?

A version of this article appeared in the print edition of The Straits Times on April 17, 2018, with the headline 'Proposed home-stay rules set the bar high for owners'. Print Edition | Subscribe