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Tussle over rent rebates thrusts unequal landlord-tenant relationship under spotlight

About 300 mall tenants have united to press for a more level playing field and a review of the Fair Tenancy Framework

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Most rental agreements comprise a high fixed-base rent and a small component - typically 1 to 2% - based on a business' variable gross turnover. This formula shields landlords in times of low sales. Some mall tenants think they could go under with the tepid sales during this virus outbreak.

Singapore

THE ongoing tussle between tenants and landlords over rental rebates and support through the Covid-19 outbreak has thrown the spotlight on what is seen as an uneven relationship between the two; some quarters have called for more fair play through a review of the Fair Tenancy...

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