Relief period to help property buyers extended
The New Paper TNP FILE PHOTO 0 Engagements The relief period for options to purchase and sale and purchase agreements with developers will be extended for an additional three months to June 30. This will help buyers of residential, commercial and industrial properties who require more time to make their payments, following amendments to the Covid-19 Temporary Measures Act, which were passed yesterday to provide further reprieve for the built environment sector. The relief measures, which took effect from April 20 last year, are being extended for the third time. At the same time, construction...