Penang plans to regulate short-term rentals, homestays

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GEORGE TOWN: 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.

State Tourism and Creative Economy Committee chairman Yeoh Soon Hin said for this, many parties such as the Tourism, Art and Cultural Ministry , the Housing and Local Government Ministry and local councils would need to be involved.

"We will discuss with all the ministries and agencies involved to set up new rules and regulations to regulate short-term rental homes or homestays in the state," he told reporters after launching the"High Fun Penang Project", an initiative to stimulate Penang tourism's industry here on Thursday . However, Yeoh explained that the ban will solely be imposed on high-rise buildings with residential titles, which prohibits owners from renting out on a short-term basis.

 

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