Daud, Mahyuddin and Mat Isa, Norlaili
(2021)
The legality of operating short term rental accommodation in waqf housing.
Malayan Law Journal, 2.
xlii.
Abstract
Short term rental accommodation (‘STRA’) has become more popular, especially
when online hosting sites such as Airbnb have been introduced. STRA’s critical
popularity factor was based on the home-sharing economy.With the shared economy
being a larger segment of the housing market, the discern conventional ways
between activities to be regulated and activities that need to deal with without
regulatory leniency. As there lacks regulation over short term rental accommodation
business in Malaysia due to the technological convergence of platform operators has
created an uneven playing field that threatens the position of conventional hotels in
the market. The presence of STRA has also had an unprecedented impact on the
Malaysian housing landscape due to the thrust of this business, including waqf
housing. This paper proposed for the development of Waqf housing as a solution to
balance the growth of the community and individual economy. Despite the
unregulated STRA and issues surrounding, STRA has become an alternative source
of income. This paper examines the concept and scope of short-term rental
accommodation and analyse legal issues arising from the operationalisation of STRA in waqf housing. The research presents the inadequacies in present legislation
and suggests relevant policies to address them.
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