2 Airbnb hosts could be fined up to $148,000 for illegally renting out their apartments

Singapore hasn't eased up on Airbnb, taking action against two hosts here.

On Tuesday, two home owners were charged with illegally renting out four apartment units through Airbnb, and could face fines of up to $148,000.

SEE ALSO: How to check if your Airbnb host is secretly filming you

Under Singapore law, it is illegal to let out private apartments for less than three months, making most short-term lets on Airbnb illegal. 

This is the first time in Singapore anyone has actually been charged for renting out their homes on Airbnb.

Terence Tan and Yao Song Liang allegedly worked together to rent out four apartment units at a private condominium, and face four charges each under Singapore's Planning Act. Read more...

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