You are here

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

nz_condo_140822.jpg
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.

Singapore

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...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes