Over 770,000 HDB households to get S$63m worth of rebates

Over 770,000 HDB households to get S$63m worth of rebates


SINGAPORE: More than 770,000 HDB households will be receiving S$63 million worth of rebates for their Service and Conservancy Charges (S&CC) and rents in fiscal year 2008.


The Finance Ministry said all eligible households will receive S&CC rebates.


Three and four-room households will receive two months worth of S&CC rebates.


And among low-income rental households, eligible one-room households will get four months of S&CC rebates as well as an additional three months worth of rental rebates.


These rebates are part of the S$4 billion GST Offset Package announced in 2007, to help Singaporeans, especially low and middle-income households, cope with the GST increase in July 2007.


The rebates will cost the government S$250 million over 5 years.


HDB will be sending notification letters to all eligible households by the end of this month to inform them of the amount of S&CC and rental rebates they will be receiving.


Source: Channel NewsAsia


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