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COVID-19 Measures To Impact SREITs
By My Sweet Retirement  •  April 7, 2020

The stock market is irrational. With “Circuit Breaker” being announced on Friday, I was expecting the stock market to be in a sea of red however it was the reverse. The stock market went up today. Do not be too happy yet as a new Bill that was passed in Parliament today will most likely have a significant impact on S-REITs.

A new Bill for COVID-19 (Temporary Measures) was passed in Parliament today. Under the new bill, landlords will not be able to terminate the lease of tenants or claim back the rented premises if the tenant is unable to pay the rent during the relief period of 6 months. Under the new bill, the landlord is also not able to take legal action.

As part of the COVID-19 measures, landlord must pass the property tax rebates to the tenants. Those landlords that failed to do so will be

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By My Sweet Retirement
I am a working salaried professional in my mid 30s. Just like most Singaporeans, I worked long office working hours, often trying very hard to find some work life balance. The Sweet Retirement Blog was created to share my journey towards achieving a comfortable retirement life. I believe we cannot simply rely solely on our Central Provident Fund savings when reaching old age. Neither can we rely solely on our bank savings as we all know the interest rates cannot beat inflation.
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