“The measures to keep Covid-19 transmission low in the construction sector are bound to increase costs for contractors, which they will have to bear in principle. National Development Minister Lawrence Wong said at a press conference yesterday that construction costs will rise as a result, and all in Singapore must be prepared to bear them.”Continue reading “COVID-19 Special: Steps to curb coronavirus transmission will raise construction costs”
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COVID-19 Special: Property buyers get temporary reprieve from making payments under Covid-19 law
“Property buyers who have difficulties in making payments because of the Covid-19 pandemic can get temporary reprieve under a new law to.. defer making progress payments to developers and HDB from Feb 1 until Oct 19.” Quote from The Straits Times This is actually a very good initiative by the Government to protect buyers who purchased aContinue reading “COVID-19 Special: Property buyers get temporary reprieve from making payments under Covid-19 law”
COVID-19 Special: Individuals can apply to defer property loan
“Individuals can apply to their banks and insurers to defer repayment of property loans, as well as premium payments for life and health insurance plans.. until 31 December 2020″ Quote from The Straits Times Perhaps one of the most important policy rolled out by the Singapore Government, this policy helps property owners who have purchasedContinue reading “COVID-19 Special: Individuals can apply to defer property loan”
Reuel Eugene Tay 