Do you have any residential property in KL and you’re renting out the units for a short-term period? If yes, you need to know this news as starting from now you’re required to register your property with Kuala Lumpur City Hall (DBKL).
In a statement released today, DBKL mentioned that it was important for them to take such measure of registration and studying the practicality of such business in different parts of Kuala Lumpur so that hosts could do any renting according to the legislation.
Nowadays, short-term rental becoming so famous with the emerging of digital booking platforms such as Airbnb, HomeAway, as well as iBilik, and this situation may cause a nuisance to the surrounding community and contribute to safety and cleanliness problems.
The registration is for the Companies Commission of Malaysia (SSM) to conduct studies on the host who rent out their houses for short-term and to be supervised by DBKL.
“Failure to register will become an offence, and action will be taken on the hosts by DBKL,” the statement said.
The registration will commence from now and will continue throughout the year.
If you want to register your property, you can visit elesen.dbkl.gov.my. Registration is opened to any individuals, agents or companies that conduct such activity without any citizenship restrictions. Registration is free.