Condo owners should go easy in exercising penalty clauses during Covid-19: MOM
Managing agents have been hit by the tightened supply of workers, says advisory
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THE Ministry of Manpower (MOM) and its tripartite partners have called on condominium owners and management corporations to exercise restraint in activating penalty clauses for delays to the delivery of services during the Covid-19 period.
In an advisory on Thursday, MOM and the partners noted that the pandemic has disrupted services related to the maintenance of condos and other private developments. Managing agents (MAs) and facility management companies (FMCs) generally require workers to be on-site to do the work, and, as service providers, have been hit by the tightening of the number of workers available.
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