GEORGE TOWN (May 6): Despite recently announcing a ban on short-term rental homes or homestays, the Penang government is still open to the option of regulating the activity.
KUALA LUMPUR (Oct 15): Talks of proposed blanket bans on short-term rentals in strata buildings in Penang, Selangor and other states in Malaysia could pose a recovery threat on Malaysia’s tourism, says short-term rental accommodation company Airbnb.
KUALA LUMPUR (April 17): In a survey commissioned by Airbnb, half of the 880 respondents would prefer to have a national set of guidelines for short-term rentals.
PETALING JAYA (July 26): As residential property leasing market becomes challenging in the Kuala Lumpur city centre due to oversupply, Knight Frank Malaysia observed more owners turning to short-term leasing for higher yield in 1H18.
PETALING JAYA (April 16): Singapore (pictured) has begun seeking public feedback on allowing private rents to be rented on a short-term basis, similar to those on Airbnb, reported Reuters.