Residential Rental Relief and Lease Extension for Singapore Leaders' Consideration

Residential Rental Relief and Lease Extension for Singapore Leaders' Consideration

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TK Kwok started this petition to Finance Minister and Leaders of Singapore

Dear Ministers and Leaders of Singapore,

From the start of Covid-19 outbreak in early 2020, the Singapore government has rolled out several relief packages aimed at aiding Singapore Citizens and Residents. Among the packages are the Rental Relief Framework and the Extension Relief for the construction sector in the country.


These reliefs have saved many jobs and businesses. However, the tighter COVID-19 curbs on migrant workers have exacerbated the already delayed waiting time for homes. Citizens and residents who are currently renting while awaiting completion, will likely have to fork out more. This delay will also inextricably affect the 99 years lease especially for private properties which lease commencement dates are typically before completion of construction.

We hope that the government would look into this matter, be it to work out a rent relief of sorts and/or to allow a one-time concession to extend the lease period.

 

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