Eligible households will receive up to $100 in U-Save rebate this month, depending on the type of their HDB flat.
About 930,000 Singaporean households living in Housing and Development Board (HDB) flats will receive GST Voucher – Utilities-Save (U-Save) rebates this month, revealed the Ministry of Finance on Wednesday (2 October).
A part of the permanent GST Voucher scheme, U-Save is distributed every three months to help offset part of the households’ utility bills and lower their overall household expenses.
According to the ministry, a total of $300 million in U-Save rebates will be given out this year.
It noted that eligible households will receive up to $100 in U-Save rebate this month, depending on the type of their HDB flat.
Families living in one- and two-room HDB flat will get $100 and $90 for those in three-room flats.
Homeowners living in four-room flats will receive $80, while those in five-room flats and executive or multi-generation flats will get $70 and $60, respectively.
“Households whose members own more than one property are not eligible for the GST Voucher – U-Save,” said the ministry.
Eligible households will continue to get U-Save rebates regardless of the provider of their electricity.
“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,” revealed 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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Victor Kang, Digital Content Specialist at PropertyGuru, edited this story. To contact him about this or other stories, email victorkang@propertyguru.com.sg