KUCHING (Jan 4): The Sarawak government plans to carry out a study on the feasibility of property owners renting out their apartments and condominiums as accommodation for travellers, similar to that offered on Airbnb platform, to boost the state’s housing sector.
KUALA LUMPUR (Dec 30): Based on a Budget 2019 announcement, a 6% service tax would be imposed on foreign digital services effective Jan 1, 2020.
GEORGE TOWN (Aug 12): Home-sharing operators in Penang are enjoying “booming business” during the Hari Raya Haji weekend.
In a move that neighbours consider to be a taunt, a Manhattan Beach, Los Angeles homeowner has had her house painted a bright bubblegum pink with two emojis.
PETALING JAYA (July 12): The tourism tax is deemed a lopsided system because it is borne only by established hotels but not short stay platforms like Airbnb, said the Malaysian Association of Hotel Owners (MAHO) president Tan Sri Teo Chiang Hong.
KUALA LUMPUR (July 2): Airbnb is looking to expand into the transportation business, said its Genaral Manager, Southeast Asia, Hong Kong & Taiwan Mike Orgill.
With unsold completed residential properties at an all-time high in Malaysia and with landlords competing for tenants amidst a slowdown, there is one thing developers and property investors with empty homes could do — rent them out for short-term rentals instead of waiting for long-term leases.