Published:
Gov’t extends rental concessions on its properties, short-term tenancies
The extension will benefit 24,000 tenants.
The government said it will extend the 75% rental or fee concessions to its properties, and short-term tenancies until 31 December to benefit 24,000 tenants.
Granting of waivers has likewise been extended, which means that until 31 December, tenants who have tenants who have to close their properties at the government's request will continue to receive a full rental waiver during the closure.
READ MORE: HK grants relief measures for public rental housing tenants
Following the extension, the estimated government revenue forgone will be about $700 million.
The 75% rental or fee concession has been granted since 1 April 2020 and was supposed to expire on 1 October.
Read Here
Advertise
Sign Up
