SINGAPORE: About 1.2 million Singaporean households will receive a one-off S$100 household utilities credit by next month.
The payout, which will be given to households in both public and private residential properties, is part of a S$1.5 billion package announced by Deputy Prime Minister Lawrence Wong in June to help Singaporeans cope with higher inflation.
The utilities credit is on top of the permanent GST Voucher U-Save scheme which benefits about 950,000 HDB households, said the Ministry of Finance in a press release on Friday (Aug 26).
HDB households will receive double their regular U-Save this financial year through the regular GSTV scheme and Household Support Package announced at Budget 2022.
The Household Support Package worth S$560 million is aimed at helping Singaporeans with utility bills, children’s education and daily essentials.
In all, households in four-room HDB flats will receive rebates equivalent to about five months of their utilities bills for this financial year.
Those living in three-room HDB flats will receive about seven months’ worth of rebates.