Two Singapore Airbnb hosts plead guilty to unauthorized short-term rentals
SINGAPORE (Reuters) - Two Singaporeans on trial for unauthorized short-term rentals posted on Airbnb pleaded guilty in court on Tuesday in the first such cases under the city-state's rules on short-term property letting introduced last year.
The two men were charged for letting four units in a condominium for less than six months without permission from Singapore's Urban Redevelopment Authority and face a fine of up to S$200,000 ($152,000) per offense.
Prosecutors however requested fines of S$20,000 per charge for a total of S$80,000 for each of the two defendants, who spoke in court to plead guilty to the charges. Defense lawyers sought fines of $5,000 per charge.
The Singapore government has pledged to seek public feedback on a regulatory framework covering such rentals after the cases of the two hosts prompted a plea from Airbnb that the existing framework was "untenable"……
Singapore Crime Illegal Property
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