The COVID-19 (Temporary Measures) Act 2020 seeks to offer temporary relief to businesses and individuals who are unable to perform their contractual obligations due on or after 1 February 2020 because of COVID-19.
The Act covers relevant contractual obligations that are to be performed on or after 1 February 2020, for contracts that were entered into before 25 March 2020.
For buyers who entered into a contract with housing developer (private developers or HDB) before 25 Mar 2020, click here.
For non-residential tenants who entered into a lease or license before 25 Mar 2020, click here.