Two males have been charged in Singapore for illegally renting out their properties for short-term stays by way of Airbnb, based on native media.
It’s the first recognized case of its sort since new legal guidelines in opposition to house sharing got here into impact in June.
Beneath the modifications, it’s unlawful to hire out, sublet or share a residential property for lower than three months.
Property brokers, Terence Tan En Wei and Tao Songliang, are anticipated to plead responsible, the Straits Occasions reported.
Studies say the accused labored collectively to hire out 4 residences for short-term stays with out permission from native authorities.
If convicted, the 2 males might face fines as much as $200,000 Singapore ($149,000; £110,000).
Singapore’s City Redevelopment Authority (URA) earlier this 12 months lowered the minimal rental interval for personal properties from six to a few months.
Whereas house homeowners can search the URA’s approval for shorter time period stays, the rules successfully render most Airbnb leases unlawful.
Airbnb wouldn’t touch upon the case however mentioned it remained dedicated to “working alongside the federal government to discover a means ahead for house sharing”.
The agency lists greater than eight,000 Singaporeproperties on its house sharing platform, which have hosted greater than 330,000 travellers over the previous 12 months.
It added that the present framework stands “in distinction with Singapore’s dedication to innovation” and “doesn’t replicate how Singaporeans journey or use their properties right now”.