1 of 2
2 of 2
Good Response for Shore's Airbnb Approved Units
Daily Express, Photo Credit to Daily Express
clock 27-08-2018
hit 1,463

The Shore's commercial apartment units, located beside Bank Negara Building, are selling well among private accommodation providers for tourists like Airbnb operators.

news-banner


Malaysia is moving on to approve Airbnb business operating only from commercial property, not residential property where privacy and safety issues were controversial leading to court, enforcement and management actions against Airbnb operations in recent times.

The Shore project, with another block comprising the Citadines Hotel, is scheduled for completion by mid-2021.

It was redesigned from 16 floors to the present planned 25 storeys, with a commercial title eligible for Airbnb or booking.com businesses to operate.

According to The Shore's General Manager Henry Fo of Titijaya Land Berhad, many of the buyers were people born in the 1980s, followed by those born in the 1970s and senior citizens. These business-minded people are taking advantage of the lack of 3,000 hotel rooms in the State capital to accommodate tourists, he said.

"Tourists prefer the centre of Kota Kinabalu when they seek Airbnb accommodation over those located out of the CBD as they would incur taxi or Grab expenses to commute to and fro the city centre where most of the experiential food is focused," said Ting Yi Hang, one of the speakers at an event at The Shore sales office, Saturday.

He claimed that young people are into Airbnb business earning five-figure income, unfettered by a 9 to 5 job, free to travel and enjoy life to pursue their interests.

Ting was speaking on how to register an Airbnb company on the Internet and how to be a super host.

He said good location Airbnb home commands better rental returns as the listings here are in over 700 pages on the Internet, adding that a super host gets higher listing priority on the Airbnb website.




WHAT DO YOU FEEL ABOUT THIS?

0
LOVE
0
HAPPY
0
SURPRISED
0
SAD
0
ANGRY


COMMENTS
Use a Facebook account to add a comment, subject to Facebook's Terms of Service and Privacy Policy. Your Facebook name, photo & other personal information you make public on Facebook will appear with your comment.

SIGN UP NEWSLETTER

logo
Monthly Column
The staple of your property-related materials. It's all about being ahead of the game and with The Column, you get carefully selected information that will keep you informed and running with the pack. The best news, articles and properties on the market from the Property Hunter portal, conveniently wrapped and ready, just for you.

logo
Weekly Window
Your weekly dose of what's hot and what's not in property. The window is your view into the realm of real estate in Malaysia, curated from our portal based on the most popular pieces over the week. For those who just can't get enough, this is for you. Ain't nobody got time for dailies anymore, weekly is the new daily.