Relief extended to industrial, commercial property under Covid-19 law

Source: https://www.straitstimes.com/business/property/relief-extended-to-industrial-commercial-property

Given the uncertainty of the economy at the moment, Singapore’s government has extended option to purchase periods so that buyers are able to hold onto their purchases, making sure that they are able to commit to their deals. Buyers of The Florence Residences are also able to enjoy this privilege which is only available during Covid-19 situations. The Florence Residences is expected to gain much attention from the Temporary Measures Act which does not require buyers to pay the option to purchase amount immediately, giving more time for buyers to accumulate wealth and savings.

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