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Malaysian hoteliers refute Airbnb's claim on short-term rental accommodation

The Malaysia Budget and Business Hotel Association (MyBHA) said it disagrees with and refutes Airbnb Inc's claim that Penang's proposed law on short-term rental accommodation (STRA) may affect, among others, the Malaysian tourism industry and Penang's economic growth as the proposed law will instead show that the country has laws to protect all parties within the tourism sector.

DONE DEAL: Condo unit at Jalan U-Thant, Kuala Lumpur

Noteworthy:

  • Freehold
  • Built up: 4,240 sq ft
  • 4 bedrooms, 5 bathrooms
  • Low-floor location
  • Semi-furnished
  • Nearby amenities: Royal Selangor Golf Course, THE LINC KL, Petronas Twin Towers, Pavilion Bukit Bintang, Prince Court Medical Centre, KLLCC and Ampang Park light rail transit (LRT) stations
  • Accessibility: KESAS Highway, Ampang-Kuala Lumpur Elevated Highway (AKLEH)

When: April 2022