Two Airbnb hosts fined in Singapore's first such case

Original Source    2018-04-03 06:04

SINGAPORE (Reuters) – A Singapore court fined two Airbnb hosts a total of S$60,000 ($45,800) each on Tuesday for unauthorized short-term letting, in the first such case under the city-state’s rules on short-term property rentals introduced last year. FILE PHOTO: A general view of d’Leedon condominium in Singapore December 6, 2017. REUTERS/Edgar Su/File Photo The two men had pleaded guilty to four charges each for letting four flats in a condominium for less than six months without permission from the Urban Redevelopment Authority (URA). They faced a fine of up to S$200,000 per offense under Singapore law. Prosecutors sought fines of S$20,000 per charge for a total of S$80,000 for each of the two defendants. The defense sought fines of S$5,000 per charge. Judge Kenneth Choo on Tuesday fined the two hosts S$15,000 per charge each, saying this would also serve as a signal to …

Original Source

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