More rental help for sub-tenants on State properties, non-SMEs
Master tenants must waive April-July rents for SME and non-profit subtenants
Singapore
THE Singapore Land Authority (SLA) said on Thursday that it has notified master tenants on State properties of their part in passing on rental relief to their sub-tenants, in line with the Covid-19 (Temporary Measures) (Amendment) Bill passed in Parliament last week.
This includes requiring master tenants to waive rents for April to July for sub-tenants that are eligible small and medium-sized enterprises (SMEs) and non-profit organisations.
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