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ECONOMIC SUPPORT

Tenants stand to benefit from 15% property tax rebates

Commercial property landlords looking to pass on rebate from the Stabilisation and Support Package

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Analysts note that the rebate can take some pressure off corporates, but add that off-budget measures could also be implemented.

Singapore

IN a bid to alleviate Covid-19's impact on businesses, landlords of private commercial properties are looking to pass on savings from the 15 per cent property tax rebate, which was part of the Budget package delivered on Tuesday, to their tenants.

The government will...

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