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Short-term rental (STR) describes furnished self-contained apartments or houses that are rented for short periods of time. [1] They are usually seen as an alternative to hotels. "Short stay" rentals are an offshoot of the corporate housing market, [2] and are also offered by private owners and investors via online platforms such as Airbnb. [1]
Marina Bay Suites is a condominium in Marina Bay, Singapore. It is one of six towers of the Marina Bay Financial Centre. It was developed by Keppel Land, Cheung Kong Holdings and Hongkong Land. [1] It stands at 227 metres (745 ft), with 66 floors, making it Singapore's 14th tallest tower.
Vacation rentals can also negatively affect local communities in a number of ways. While not the major cause of limited affordable housing, vacation rentals negatively affect the long-term housing market in local communities, especially tourism communities. As more short-term rentals increase, the availability of long-term units decreases.
38 Oxley Road is an eight-bedroom two-storey bungalow located near Orchard Road, Singapore. The house was built in the late 19th century and was the residence of the first prime minister of Singapore, Lee Kuan Yew, from the 1940s until his death in 2015. [1] The first meeting of the People's Action Party (PAP) occurred in the basement. [1]
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HDB residences in Bishan town. Public housing in Singapore is subsidised, built, and managed by the government of Singapore.Starting in the 1930s, the country's first public housing was built by the Singapore Improvement Trust (SIT) in a similar fashion to contemporaneous British public housing projects, and housing for the resettlement of squatters was built from the late 1950s.
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