Of these, around 155,000 larger families will enjoy 2.5 times their regular U-Save rebates in the financial year 2020.
About 940,000 Singaporean households living in Housing and Development Board (HDB) flats will receive GST Voucher U-Save rebates this month, announced the Ministry of Finance (MOF) on Saturday (2 January).
Of these, around 155,000 larger families will enjoy 2.5 times their regular U-Save rebates in the financial year 2020.
Households staying in one- and two-room HDB flats typically receive U-Save rebates amounting to around three to four months of their utility bills.
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“Together with the GSTV – U-Save Special Payment given last year, these households will receive rebates equivalent to at least six to eight months of their utility bills,” said MOF.
Households living in three- and four-room HDB flats typically receive U-Save rebates amounting to around one to two months of their utility bills.
The support that they will receive now will work out to at least two to four months of their utility bills.
Suggested read: HDB Home Protection Scheme Guide: Annual Premiums, Rebates, Exemptions & More
Meanwhile, households with members who own more than one property are not eligible for the U-Save rebates.
Overall, the government will disburse $630 million of U-Save rebates for the financial year 2020 to help households, especially the lower- and middle-income households, manage their household expenses.
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