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This article, Singapore decides to keep short-term rentals of private homes illegal in major blow to Airbnb, originally appeared on Coconuts, Asia's leading alternative media company. Want more ...
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]
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.
Rome: Short-term rental sites are required to withhold a 21% rental income tax. [21] Venice: Hosts must collect and remit tourist taxes. [22] [23] Vienna: Short-term rentals are banned in specific "residential zones" within the city, with the exemption of apartments used primarily for the host's own residential needs. [24]
The Singapore Urban Redevelopment Authority (URA) had previously agreed that there were merits to conserving the apartments as it had been one of the pioneering high-rise residential projects of a developing Singapore as well as being the precedent of future high-rise residential developments. Pearl Bank Apartments demolition (shot in Feb 2020)
Singapore: This social networking site for accommodation and room rentals was founded in Singapore in 2012. [25] Receiving US$1 million in funding in 2012, [26] [27] [28] by late 2013 travelmob had an iOS app, [29] and a distribution agreement with Wego.com. [30] In May 2015, travelmob transitioned its brand and products to HomeAway. [31] 2013 ...
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.
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