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Around 940,000 Singaporean Housing and Development Board (HDB) households will receive S$134 million worth of Service and Conservancy Charges (S&CC) rebates in the 2020 financial year (from April 2020 to March 2021).
This is part of the Government's Care and Support Package announced as part of Budget 2020 to help households with their expenses.
In a news release on Wednesday (March 25), the Ministry of Finance said that in total, each eligible household will receive 1.5 to 3.5 months of S&CC rebates, depending on flat type.
It will be disbursed every three months, starting in April.
Eligible households will receive a letter from the end of March with more details.
Real Estate Related News Stories from Singapore
- Co-founder Zenos Schmickrath parts with Hmlet
- Chart of the Day: Midsize condos took a bigger share in deals in Q4 2019
- COVID-19 Closures May hit Singapore Reits harder than the 2008 Financial Crisis
- Businesses push for fair tenancy law as grouses against landlords resurface amid Covid-19 outbreak
- 10 HDB flat rules in Singapore you are probably unaware of, and breaking!
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