
Roughly 800,000 HDB households to get $80m worth of rebates
It will be received this year.
According to a statement from the MoF, around 800,000 Singaporean HDB households can expect to receive about $80 million worth of Service & Conservancy Charges (S&CC) rebates in 2014.
These S&CC rebates were announced during Budget 2014 to help households cope with increases in cost of living.
In total, each eligible Singaporean household will receive one to three months of S&CC rebates, depending on HDB flat type. Eligible households will receive a letter in April with more details of the S&CC rebates.The rebates will be disbursed over the months of April, July and October according to the table attached.
The S&CC rebates will be used to offset a household’s S&CC payment directly. For households who pay their S&CC through GIRO or any electronic mode of payment, Town Councils will arrange with the banks on the S&CC payments to take the rebates into account.