SINGAPORE: More than 950, 000 Singaporean households living in Housing and Development Board ( HDB) flats will receive U-Save and service and conservancy charges ( S&, CC ) rebates in January 2025.
The rebates- disbursed in April, July, October, and January each year– are part of the permanent GST Voucher ( GSTV ) scheme to provide support for GST and cost-of-living expenses for lower- to middle-income households.
January’s rebates will be the fourth quarterly disbursement for the 2024 financial year, the Ministry of Finance ( MOF ) said on Monday ( Dec 30 ).
More U-Save will be made available as part of the Budget 2024 budget to assist Malaysian HDB households in coping with rising utility costs.
In January, eligible households will receive up to S$ 285 ( US$ 210 ) worth of U-Save, depending on their HDB flat type.
In total, ready homeowners will receive 2.5 times the amount of standard U-Save, or up to S$ 950, this fiscal year, said MOF.
” On average, this will support about eight weeks of energy costs for those living in 1- and 2-room cottages, and about 4 weeks of electricity bills for those living in 3- and 4-room flats”.