2.5 million Singaporeans to receive $800 cash assistance in December 

The government will disburse an additional $1.1b under its Cost-of-Living Support Package.

Whilst inflation has come down from its peak, the Singapore government will provide additional financial relief to Singaporeans under its $1.1b Cost-of-Living Support Package.

The package includes a $0.8b enhancement to the Assurance Package (AP), bringing the AP to over $10b.

The support package will provide relief to all Singaporean households, with more support for lower- to middle-income families.

With the additional relief, 2.5 million Singaporeans will receive a total of $800 one-off payment in December 2023.

Next year, the government will also disburse an additional $200 of CDC vouchers for every Singaporean household, bringing the total amount of CDC Vouchers to be given to $500.  

Also part of the package is the additional one-off 0.5-month Service & Conservancy Charges (S&CC) rebate for 950,000 Singaporean HDB households to be disbursed in January 2024, together with the regular S&CC rebates.

“This will, on average, fully offset the S&CC increase in the first year of increases for 1- to 4-room HDB flats and about 85% for larger HDB flats,” the Ministry of Finance (MoF) said.

To cushion the impact of increases in the carbon tax and water price, the government will also offer an additional $20 per quarter of U-Save rebates from January 2024 to December 2025, or a total of $80 per year for two years, for 950,000 Singaporean HDB households.