Government Cash Payout (2021 Rental Support Scheme)

Find out more information on the Government Rental Support (Cash Payout) on this webpage.

Rental support for qualifying tenants of commercial properties

As announced by the Ministry of Finance on 28 May 2021, to support businesses with rental costs, the Government will provide rental relief to small and medium enterprises (SMEs), and eligible non-profit organisations (NPOs) with an annual revenue not exceeding $100 million1, who are tenant-occupiers of qualifying commercial properties. 

For Government-owned commercial properties, the Government will grant one-month of rental relief for qualifying tenants. This is aligned to the rental waiver for hawker stalls and coffee shops provided during this Phase 2 (Heightened Alert) (“P2(HA)”) period. Tenants will be required to pass down the rental relief received to qualifying sub-tenants, if any.

For privately-owned commercial properties, some landlords have given rental waivers or rebates to support their tenants during this P2(HA) period. To provide additional support, IRAS will disburse a 0.5-month rental relief cash payout directly to qualifying tenants as part of a new Rental Support Scheme. The payout will be disbursed starting from mid-August 2021 and computed based on the latest contracted gross rent within the period 14 May 2021 to 29 May 2021.

Separately, property owners who run an SME business or NPO on their own property will also be eligible for the cash payout, computed based on the Annual Value of the property (or part of) for Year 2021 as at 14 May 2021. 

Most qualifying tenants and owner-occupiers will receive the cash payout automatically without needing to submit an application. The cash payout will not be disbursed automatically to tenants who only rent part of a property, or to tenants who rent a mixed-use property (e.g. a shophouse for both retail and residential use), and/or to licensees. Such businesses should submit an application to IRAS, and provide supporting documents. 

1 Computed based on Financial Year 2019 or a later appropriate period. 

Eligibility

You must fulfil the following conditions to be eligible for the rental support:

1) SME or NPO with not more than S$100 million in annual turnover (based on FY2019 or a later appropriate period) at the individual or entity level; 

   a) SMEs are defined as the following types of entities:
         • A specified person; or
         • Any of the following (including when acting as a trustee of a trust) that is not a specified person:
            o Corporation registered under section 19 or 368 of the Companies Act
            o Sole proprietorship
            o Partnership
            o Limited partnership
            o Limited liability partnership
            o Co-operative society


    b) NPOs are defined as the following types of entities: 
          • Registered or exempt charities (as provided in the Charities Act); 
          • Members of the National Council of Social Service; 
          • National sports associations; 
          • National disability sports associations; 
          • Specified arts and culture societies; or 
          • Specified trade associations.

2) Tenant or owner-occupier of a qualifying commercial property (either privately-owned or Government-owned); and 

3) Entered into or renewed a qualifying lease or licence before 14 May 2021 (note: lease must have been stamped before 28 May 2021).

Qualifying Commercial Properties

Please refer to the table below for the list of qualifying commercial properties.

List of Qualifying Commercial Properties Examples
Hotel room or function room of a hotel registered under the Hotels Act (“registered hotel”) -
Serviced apartment or serviced apartment function room -
Meetings, Incentive Travel, Conventions and Exhibitions (MICE) venues, namely Suntec Singapore Convention and Exhibition Centre, Singapore EXPO, and Changi Exhibition Centre; -
Premises of a prescribed international cruise or regional ferry terminal, namely Singapore Cruise Centre, Marina Bay Cruise Centre Singapore, and Tanah Merah Ferry Terminal -
Premises of tourist attractions Singapore Zoological Gardens, Singapore Flyer, and Haw Par Villa
Shop Retail shop, furniture shop, pet shop, supermarket, take-away food shop, bakery & confectionery, pawnshop, dispensary, beauty salon, gym, spa, ticket agency, travel agency, laundry or dry-cleaning shop, department store, post office, showroom, bank, and vet clinic
Warehouse retail -
Restaurant Restaurant, café, cybercafé, food court, coffeeshop, market & hawker stalls, bar, and night club
Amusement centre Video games arcade, computer gaming centre, and billiard saloon
Cinema or theatre -
Sports and recreational building Social club, golf club, clan and association, skating rink, and bowling alley
Childcare centre or kindergarten -
School Tuition centre, language school, computer school, art school, dancing school, speech and drama school, child development centre, play school, foreign system school, training or vocation training institute, other private education institution, and driving school
Health and medical care building Medical clinic, medical centre, dental clinic, hospital, nursing home, hospice, place of rehabilitation or convalescent home
Backpackers’ hostel, boarding house, guest house, hotel or students’ hostel that is not a registered hotel -
Carpark used in connection with the operation of the qualifying properties listed in this table -
Spaces used in connection with the operation of the qualifying properties listed in this table but excluding certain premises^. -
Shophouses that are used for the purposes listed in this table but excluding certain premises^. -

^ Prescribed properties exclude the following: 
(a) Premises used or intended to be used, whether wholly or partly, for an excluded purpose such as:
      (i) For any residential purpose; or
      (ii) As a facility for exclusive use of residents of residential premises such as gym, function and meeting space and club lounge, whether with or without their guests
(b) The part of a carpark in the same building or development as the premises mentioned in paragraph (a) that corresponds to those premises; and
(c) Any other premises in the same building or development as the premises mentioned in paragraph (a), that are used or intended to be used for or in connection with the enjoyment of those premises such as space for base station and vending machine in a residential condominium.
(d) Vacant land or land under redevelopment
(e) Any property that is exempt from payment of property tax under section 6(6), (6A) or (7) of the Property Tax Act.

Cash Payout

 

Amount of Cash Payout
1) For privately-owned commercial properties
For eligible tenants, the 0.5-month cash payout will be computed based on the latest gross contracted rent within the period of 14 May to 29 May 2021, as determined by IRAS based on stamp duty records. 

For owner-occupiers, the 0.5-month cash payout will be computed based on the Annual Value of the property (or part of) for 2021 determined by IRAS as at 14 May 2021. 

2) For Government-owned commercial properties
For eligible tenants, the landlord agency will grant a 1-month rental waiver. There will not be a cash payout. 


Date of Cash Payout
Most qualifying tenants and owner-occupiers will receive the cash payout automatically from IRAS starting from mid-August 2021 onwards. 

If you are eligible and have not received the cash payout by 1 September 2021, please submit an application to us. Applications will open on 1 September 2021 and more details on the application process will be provided then. 


Disbursement of Cash Payout
The cash payout will be disbursed directly to the qualifying tenant/owner-occupier based on their mode of payment registered with IRAS (e.g. bank account used to pay income tax via GIRO or PayNow). 

If the qualifying tenant/owner-occupier does not have a bank account registered with IRAS, a cheque will be sent to the qualifying tenant/owner-occupier’s registered address within two weeks from the date of the cash payout notice. 


Application for Cash Payout
Most qualifying tenants and owner-occupiers do not need to apply for the cash payout, except for the following groups:

1) Tenants who rent part of a property;
2) Tenants who rent a mixed-use property (e.g. a shophouse for both retail and residential use); and
3) Licensees

Such businesses should submit an application to IRAS and provide supporting documents. 

Applications will open on 1 September 2021 and more details on the application process will be provided then. 

FAQs