|
1.70 Rebates on rental have been given to HDB's
18,000 tenants and lessees, JTC Corp’s 7,000
tenants, and the Singapore Land Authority's (SLA)
commercial tenants. Some 2,900 stallholders in
ENV, HDB and JTC hawker centres are also enjoying
rental rebates. As business conditions remain
weak, the Government will extend the rebates by
another six months till the end of 2003. These
will lower business costs for tenants by another
$204 million, on top of the $200 million of rental
rebates already given for the first six months
of this year.
|