Rent hikes at Goodman Arts Centre to be deferred amid increased economic uncertainty from Middle East conflict
newsare.net
Higher rental rates at Goodman Arts Centre initially planned for 2026 will be deferred to support tenants amid heightened economic uncertainty due to ongoing Middle East tensions, said Minister of State for Culture, Community and Youth Baey Yam Keng.SpeakingRent hikes at Goodman Arts Centre to be deferred amid increased economic uncertainty from Middle East conflict
Higher rental rates at Goodman Arts Centre initially planned for 2026 will be deferred to support tenants amid heightened economic uncertainty due to ongoing Middle East tensions, said Minister of State for Culture, Community and Youth Baey Yam Keng.Speaking in Parliament on Wednesday (April 8), Baey was responding to a question by Mountbatten MP Gho Sze Kee who asked if there were any measures in place to help tenants as rental prices were set to «increase significantly».Rental rates at Goodman Arts Centre are decided by Arts House Group (AHG), a public company under the National Arts Council (NAC).Goodman Arts Centre houses a total of 77 units — including short-term venues and longer-term housing options. Out of the lot, 26 are project studios offering flexible short-term tenancies of up to 12 months for artists who have project-specific needs. The remaining 51 units are under the Framework for Arts Spaces scheme, which supports arts groups for up to nine years, and is subsidised by NAC by up to 80 per cent.














