SINGAPORE: A Singaporean man has been fined US$845,000 (RM3.69mil) for providing illegal short-term rentals on Airbnb and other platforms, authorities said on May 31, a record penalty for the offence in the city-state.
Housing is a sensitive issue in space-starved Singapore, where most live in apartments, and it is illegal to rent out accommodation for less than three consecutive months.
Already a subscriber? Log in
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
