DBKL Now Forcing Property Investors to Register and Rent Out Their Units Legally

23 Jan 2018

 
Kuala Lumpur City Hall (DBKL) is urging property owners or operators who are looking to rent out their property for short-term accommodation via Airbnb and the like to register with them.

This comes as DBKL is studying the feasibility of short-term rental in various parts of Kuala Lumpur in order that operators may legally rent out their property.

“Short-term rental is widely marketed through websites such as AirBnB, HomeAway, as well as iBilik, and it may cause disturbance to other units and contribute to safety and cleanliness problems,” it said in a statement.

“The registration programme is done so that the Companies Commission of Malaysia (SSM) can conduct studies on the operators who rent out their properties for short-term stays legally and be placed under the supervision of DBKL.”

“Failure to register will be considered as an offence, and action will be taken by DBKL,” it added.

Open to individuals, companies or agents without any citizenship restrictions, the registration programme starts now and will run throughout 2018.

Interested parties can visit elesen.dbkl.gov.my to register for free.

 

Image sourced from The Star.

 

This article was edited by the editorial team of PropertyGuru. To contact them about this or other stories email editorialteam@propertyguru.com.my

 

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