Is the Long-Awaited Short-Term Rental Guideline Finally Here?
The Department of Town and Country Planning (PLANMalaysia) under the Ministry of Housing and Local Government (KPKT) undertook a public consultation on the national Guideline on Short Term Rental Accommodation in Malaysia through the Unified Public Consultation platform. While efforts to create a national framework for STRA has been in motion since 2019, the questions remains: Is the Government finally ready to provide regulatory certainty for STRA activities?
Our Partner and Head of the Government Advisory Department, Mohamad Izahar bin Mohamad Izham and Associate, Muhamad Hilmy bin Mohd Yazid outline the key elements of the proposed guideline and examines the potential way forward for better regulation of Short-Term Rental Accommodation or “STRA” in Malaysia.