![a general view of d 039 leedon condominium in singapore december 6 2017 photo reuters a general view of d 039 leedon condominium in singapore december 6 2017 photo reuters](https://i.tribune.com.pk/media/images/1645414-download-1519706405/1645414-download-1519706405.jpg)
The two men were charged for letting four units in a condominium for less than six months without permission from Singapore’s Urban Redevelopment Authority and face a fine of up to S$200,000 ($152,000) per offense.
US Supreme Court weighs Microsoft overseas data fight
Prosecutors however requested fines of S$20,000 per charge for a total of S$80,000 for each of the two defendants, who spoke in court to plead guilty to the charges. Defense lawyers sought fines of $5,000 per charge.
The Singapore government has pledged to seek public feedback on a regulatory framework covering such rentals after the cases of the two hosts prompted a plea from Airbnb that the existing framework was “untenable”.
Airbnb, founded in 2008 in San Francisco, matches people wishing to rent out all or part of their homes to temporary guests.
'Hey Mercedes' - Daimler takes on Silicon Valley with hi-tech A-Class
The firm has clashed with hoteliers and authorities in cities including New York, Amsterdam, Berlin, and Paris, which are limiting short-term rentals in some cases.
Critics blame Airbnb for exacerbating housing shortages and driving out lower-income residents.
COMMENTS
Comments are moderated and generally will be posted if they are on-topic and not abusive.
For more information, please see our Comments FAQ