https://www.singhaestate.co.th/en/news-room/Help-office-tenants-during-the-COVID-19-crisis

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‘Singha Estate’ imposes additional measures to help office tenants during the COVID-19 crisis, supporting work-from-home policy

Bangkok – Singha Estate announces a series of additional measures to help tenants at all office projects managed by the company, focusing on suitability and flexibility based on situation of each tenant.

Following the escalating spread of COVID-19 and the government measure on social distancing, which have prompted several companies to implement a work-from-home policy in a bid to reduce travels and the spread of virus. Singha Estate, the operator of leading office-cum-retail complexes, foresees a business impact on its office tenants and imposes a series of measures which focus on suitability and flexibility based on the situation of each office tenant who has been affected during the COVID-19 crisis.

Mr. Naris Cheyklin, CEO of Singha Estate Public Company Limited or “S”, revealed that the company is very concerned about the impact from COVID-19 outbreak. So, it carries out a series of additional measures to help tenants at all office projects, including Suntowers, Singha Complex and Metropolis Building, survive the crisis at its best efficiency.

 
Infographic: Singha Estate


The additional measures, which focus on suitability and flexibility based on situation of each office tenant, are as following;

  • Giving some discounts on office space rent, service fee and parking rental fee in April 2020
  • Offering payment installment on rent, service fee, and parking rental fee in a range of 50-100% and extending the payment date from April 5 to April 30, 2020, without interest charge
  • Giving a cash back of parking rental fee, air-conditioning OT, and electricity between 5 to 20% 
  • Arranging free advertising media space for tenants in a bid to improve their businesses after the COVID 19 ends


Meanwhile, Singha Estate is well-aware about this incident and ready to support its tenants and business partners pass through this crisis together.

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