24th February 2017
All Residents of East Meadows Condominium
Dear Sir / Madam
Private residential properties or the rooms within their premises should not be rented out on a short-term basis for less than six months on a daily/weekly/monthly basis.
Renting out the whole unit or individual rooms for residential purposes is only allowed for long-term stays of six months or more if these conditions are met:
• No internal partitioning works that alter the layout of the property to create more rooms. Such overcrowding can pose safety concerns
• In the case of master tenancies or en-bloc leasing-out, there should only be one single tenancy agreement per residential unit to cover the number of occupants for the unit. This does not apply to a single property or individual owner who rents out rooms within his unit to different tenants
• Each occupant should have at least 10 sqm of space. The maximum number of occupants in a residential unit is eight, no matter how big the unit is
o includes the owner if he is living within the premises
o does not apply if the unit is occupied by a family who is not renting out the premise in any way
Such short-term rentals of private property were already prohibited under guidelines by the Urban Redevelopment Authority (URA) and those who flout the rules face up S$200,000 fine or jail for up to a year if a private residence is rented or sublet for less than six months. The same penalties will apply going forward.
For More Information resident can log on to the following website:
https://www.ura.gov.sg/uol/buy-property/about/leasing/residential.aspx
http://www.straitstimes.com/politics/parliament-short-term-home-rental-illegal-under-new-law
http://www.channelnewsasia.com/news/singapore/short-term-rentals-of-private-property-illegal-but-govt-mulling/3496786.html
Thank you.
Yours faithfully,
The Management
PropNex Property Management Consultant Pte Ltd (Managing Agent)
For and on behalf of
MANAGEMENT CORPORATION STRATA TITKE PLAN NO
Managing Agent of East Meadows Condominium