$350m disbursed to property sector

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About 10,400 applications for the Anti-epidemic Support Scheme for Property Management Sector have been approved, involving subsidies of about $350 million, the Government announced.

 

The approved applications will benefit about 38,000 building blocks and around 88,200 frontline property management workers.

 

The scheme, which has received about 11,500 applications as of today, was launched under the Anti-epidemic Fund to subsidise owners’ organisations or property management companies of buildings to provide the Anti-epidemic Hardship Allowance to frontline property management workers.

 

It also provides the Anti-epidemic Cleansing Subsidy to owners’ organisations or property management companies.

 

The scheme’s application deadline is July 15.

 

Click here for details.





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