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Press Releases

$48 Million Rebates For 700,000 HDB Households

28 Nov 2005

In 2006, the Government will give up to 4 months of Service and Conservancy Charges (S&CC) rebates and up to 3 months of rental rebates to eligible Singaporean HDB households. The rebates will cost Government $48 million and benefit more than 700,000 households.

2. The rebates will be given in the following months in 2006:

Schedule of S&CC and rental waivers for 2006 (in months)

 

S&CC Rebates

Rental Rebates

 

1-Room

2-Room

3-Room

4-Room

5-Room

1-Room

2-Room

January

1

1

0.5

0.5

0.5

1

0.5

March

1

1

0.5

0.5

--

1

0.5

June

1

0.5

0.5

0.5

--

0.5

0.5

September

1

0.5

0.5

--

--

0.5

--

December

--

--

--

--

--

--

--

Total

4

3

2

1.5

0.5

3

1.5


3. The rebates are given each year for 5 years between 2003 and 2007, as part of the Goods and Services Tax (GST) offset package announced in the 2002 Budget Statement. The rebates cost the Government a total of $340 million over 5 years. MND and HDB will be sending notification letters to all eligible households in December 2005.

Ministry of Finance