Short-Term Home Sharing In Singapore: Is It Here To Stay?

In recent times, there has been a rising trend of tourists using Airbnb and other homestay type accommodations as opposed to more traditional short-term accommodation options like hotels and service apartments while vacationing abroad. It is no surprise then that many property owners in Singapore are eager to get into the game and tap on this trend.

In Singapore, however, the use of private residential properties to provide short-term accommodation (i.e., for less than three months) remains illegal.

While the government of Singapore, an innovation-driven and entrepreneurial engine, is actively considering ways to regulate the home sharing market, interested parties should adopt a wait-and-see approach and operate with prudence, within the confines of the law.