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Singapore Tech

By Me Yesterday: Singapore’s Reviewing Airbnb-Related Regulations

The story begins:

Singapore is reviewing guidelines governing the kind of short-term rentals used by home sharing companies like Airbnb, underscoring the regulatory uncertainties the fast-growing startup faces as it expands abroad.

At question in wealthy, tightly controlled Singapore: Should home owners be allowed to rent out their residences for short periods of time, as Airbnb users typically do?

It’s a legal gray area that the San Francisco-based company — one of the world’s hottest startups, valued at $10 billion — has faced in various markets as it has expanded throughout Europe and Asia.

In Singapore, where Airbnb provides listings for hundreds of properties, the city-state’s Urban Redevelopment Authority, or URA, late last month began soliciting feedback from the public regarding existing regulations.

By Newley

Hi. I'm Newley Purnell. I cover technology and business for The Wall Street Journal. I use this site to share my stories and often blog about the books I'm reading, tech trends, sports, travel, and our dog Ginger. For updates, get my weekly email newsletter.

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