$440m disbursed to property sector

July 25, 2020

More than 10,600 applications under the Anti-epidemic Support Scheme for Property Management Sector have been approved, involving subsidies of over $440 million, the Government announced today.

 

This will benefit over 38,000 building blocks and around 95,900 frontline property management workers.

 

The scheme, which has received about 13,000 applications, 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 will also provide the Anti-epidemic Cleansing Subsidy to owners' organisations or property management companies.

 

The application period for the scheme ended on July 15.

 

Click here for the list of properties approved for the subsidy.

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