S’pore landlords must pass on rental waivers to tenants with revenue drops under new bill

S’pore landlords must pass on rental waivers to tenants with revenue drops under new bill

MustShareNews·2020-05-26 16:54

Landlords & Government To Help SMEs Tide Through Covid-19 Through Rental Waivers

On Wednesday (26 May), Deputy Prime Minister Heng Swee Keat introduced the Fortitude Budget to help Singapore tide through the difficult times ahead.

Amounting to $23.5 billion in total, $2 billion of the Fortitude Budget will go towards local small-and-medium enterprises (SMEs) in the form of rental waivers.

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