Homeowners living in one- and two-room flats will receive a $100 rebate this month, $90 rebate for those in three-room flats and $80 rebate for those in four-room flats. The ministry of finance revealed that a total of $300 million in U-Save rebates will be given out this year.
About 930,000 Singaporean households living in HDB flats will receive GST Voucher – Utilities-Save (U-Save) rebates this month to offset part of their utilities bills, revealed the Ministry of Finance on Tuesday (April 2).
Distributed every three months, the U-Save rebates is part of the permanent Goods and Services Tax (GST) voucher scheme.
The ministry revealed that a total of $300 million in U-Save rebates will be given out this year.
Homeowners living in one- and two-room flats will receive a $100 rebate this month, $90 rebate for those in three-room flats and $80 rebate for those in four-room flats.
Those living in five-room flats, on the other hand, will get a $70 rebate and $60 rebate for those in executive and multi-generational flats.
Meanwhile, households whose members own more than one property are not qualified to receive the U-Save rebates.
“Annually, the GST Voucher – U-Save has enabled households in one- and two-room HDB flats to receive support which is equivalent to about three to four months of their utilities bills on average,” said the ministry.
“Those living in three- and four-room HDB flats receive support equivalent to about one to two months of their utilities bills.”
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Romesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email email@example.com