There are other one-off support measures for families with children.
Families will receive S$500 in Child LifeSG credits for each child aged 12 and below this year.
Singaporean children aged 13 to 16 will get S$500 in top-ups to their Edusave accounts, while those aged 17 to 20 will get an additional S$500 in their Post-Secondary Education accounts.
4. Lower caps on preschool fees
Monthly childcare fees at anchor operator preschools will be capped at S$610, down from S$640.
Similarly, in partner operator preschools, fees will not go above S$650, down from a cap of S$680.
After subsidies, a dual-income family will pay about S$300 per child, with lower- and middle-income families paying less with additional subsidies.
5. Climate vouchers
Families living in public housing will get an additional S$100 in Climate Vouchers on top of the S$300 from last year.
Those living in private properties will also receive S$400 in Climate Vouchers to buy more efficient appliances.
The vouchers come in a mix of denominations – S$2, S$5, S$10 and S$50 – and can be used to buy 10 types of energy- and water-efficient household products.
6. More support for lower-income households
There will be more help for lower-income households.
The Fresh Start Housing Scheme will be enhanced, allowing second-timer families with children who live in public rental flats to get S$75,000 in grants for a new standard two-room Flexi or standard three-room flat on a shorter lease.
This is an increase from the S$50,000 in grants that eligible families under the scheme can currently receive.
Second-timer families refer to households that have previously enjoyed one housing subsidy.
ComCare Assistance scheme payouts will increase. For example, a one-person household on long-term assistance will get an extra S$120 a month, bringing the total cash assistance to S$760 a month.
