Lawmaker-cum-banker Cheang Chi Keong said yesterday that the initiators of a rent-control bill had proposed a minimum three-year lease term for commercial units.
The proposal is part of the bill initiated by nine of the legislature’s 33 lawmakers.
The legislature’s 3rd Standing Committee yesterday held a closed-door meeting with government officials and some of the lawmakers who initiated the bill. Cheang briefed reporters on the meeting in the legislative chamber afterwards.
Lawmaker Cheang Chi Keong speaks to reporters after a closed-door meeting in the legislative chamber yesterday. – Photo: Leong Lok Ian