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