Since its global launch, Airbnb has gained popularity.
Singapore is one of the many favorite destinations and many home owners have registered to list their unit/rooms for short term leasing.
URA has a regulation that all leases has to have a minimum of 6 months.
I am sure URA is aware of Airbnb.
We have yet to hear from URA what is their stance on Airbnb.
I understand that URA is doing some market research on this.
Is it a violation to list one's unit for short term lease of less than 6 mths with Airbnb ?