Covid-19: New laws to compel landlords to pass on property tax rebate
Though rebate is welcome; tenants argue it's insufficient and mall operators have to go further, and will continue negotiating with landlords on this
Add BT as a preferred source
Singapore
BUSINESSES on Thursday hailed a newly proposed legislation that will ensure non-residential landlords pass on property tax rebates in full to all tenants, with some saying it's long overdue.
"We appreciate the harsh hand of the law in this matter, but we wished it did not have to come to this," the Singapore Retailers Association (SRA) said.
TRENDING NOW
Singapore at 61: How we can ensure opportunity, security and ownership for the next generation
With tech for fact-checking to cancer care, Singapore startups aim beyond home
Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks
Why Asean matters more than ever to the UK and Singapore
