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.

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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