Malaysia · 21h ago
Penang's new short-term rental licensing fee unsustainable for operators
The Malaysia Short-Term Rental Accommodation Association (MySTRA) has voiced strong support for a formal licensing framework in Penang, but warned that newly introduced annual fees totaling at least RM2,800 per unit will place an unsustainable financial burden on operators, hosts, and property owners. Under the new fee structure, an operator faces an annual license fee […]