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One Month Rental Waiver Granted to Commercial State Property Tenants in Office, Industrial and Agriculture Sectors
1. Following the “Solidarity Budget” announced by the Government on 6 April 2020 to further support businesses with costs during the Covid-19 crisis, the Singapore Land Authority (SLA) will increase the rental waiver for eligible commercial office, industrial and agriculture sector tenants of State properties to one month, up from the current 0.5 month which was announced in the Resilience Budget.[1]
2. About 1,200 commercial offices, industrial and agriculture sector tenants of State properties will be granted one month of rental waiver for the rent payable in April 2020.
3. Eligible tenants in commercial accommodation, F&B, retail, recreation/entertainment, healthcare and other services, as well as social sector tenants of State properties will continue to receive two months of rental waiver as announced in the Unity Budget[2] and Resilience Budget.
4. SLA’s past announcements on the rental waivers can be found at:
SLA grants 0.5 Month of rental rebates to eligible tenants