Tan Kiat How on COVID-19 (Temporary Measures) (Amendment No. 2) Bill
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Tan Kiat How on COVID-19 (Temporary Measures) (Amendment No. 2) Bill(Updated: )
A Bill was introduced in Parliament to extend temporary relief measures for those affected by delays in the construction sector due to COVID-19. For property developers and buyers unable to meet contractual obligations, relief from legal or enforcement action would be extended for three months till the end of June. Buyers would have many options to claim reimbursement of costs. Players in the construction chain would also have to co-share costs of delays for another six months, till end-September. Details were given by Minister of State for National Development Tan Kiat How on Monday (Apr 5).