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Lift Modernisation Subsidy Scheme

LIMSS banner

Lift Modernisation Subsidy Scheme

The Government has partnered with Urban Renewal Authority (URA) to implement a $2.5 billion “Lift Modernisation Subsidy Scheme” (“LIMSS”) over six years starting from 2019-20 to promote lift modernisation in the community through provision of financial incentive with appropriate professional support to building owners in need, thereby enhancing lift safety of old buildings. Application for the LIMSS will be invited in end March 2019 and close in Q3 2019 tentatively. URA will invite target building owners to attend the mass briefings to be held in April and May 2019 by separate letter later for application details of the LIMSS. 

For more details, please browse at  BRP logo.