Penang, a popular tourist destination in Southeast Asia, has taken a bold step by becoming the first state in Malaysia to impose a ban on short-term holiday rentals, including Airbnb and similar platforms. This move, aimed at tackling issues related to the behavior of tourists, is part of a wider trend seen in various global cities. Initially announced on May 30, the ban was introduced to address concerns...
NCT Alliance Bhd is fortifying its presence in Penang, launching its newest residential project, Ion Vivace Residences in Batu Kawan. This is a significant step in the company's expansion strategy. Ion Vivace Residences is poised to redefine contemporary living, embodying NCT Alliance's ambition to craft cutting-edge, superior quality properties. This freehold serviced apartment complex, stretching over...
It has now dawned on tourists of Penang that the state authorities have imposed a ban on almost all types of short-stay accommodation. This came into force on May 25. “Housing premises, be it in the form of landed properties (housing estates) or strata (high rise) properties, are not allowed to operate as short-term rental (STR) accommodation,” Penang mayor Rajendran Antony said in a...
Airbnb announced that it has shared “detailed feedback and policy recommendations” with the Penang government’s executive committee in light of the state’s plan to regulate local short-term rental accommodation (STRA). Aimed at empowering local residents, these recommendations are focused on a balanced and simple approach towards regulating STRA, and are shaped by regulations that have been...
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