930,000 HDB households to get U-Save rebates

Romesh Navaratnarajah3 Apr 2019

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.”

Find HDB flats for sale or read our HDB guides. Can you afford an HDB flat? Check your affordability now. 

 

Romesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email romesh@propertyguru.com.sg

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