Singapore govt to disburse S$80m of S&CC rebate to HDB households
ABOUT 800,000 Singaporean HDB households can expect to receive around S$80 million worth of service & conservancy charges (S&CC) rebate in 2015.
In total, each eligible Singaporean household will receive one to three months of S&CC rebate, depending on HDB flat type.
The rebate will be disbursed over the months of April, July, and October, with one- and two-room HDB flats getting three months; three- and four-room ones getting two months; five-room flats getting 1.5 months; and executive/multi-generation ones getting one month of S&CC rebate.
Eligible households will receive a letter in April with more details, said the Ministry of Finance on Wednesday.
The S&CC rebate was announced during Budget 2015 to help households cope with increases in the cost of living.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Laid-back vibe, stunning beaches, rich cuisine and low cost of living lure more expat retirees to Malaysia
Vietnam tycoon appeals against US$27 billion fraud death sentence
US announces new restrictions on firearm exports
Central banks will probably only cut half as much as they hiked
US consumer sentiment falls as inflation expectations climb
HSBC wins £1.3 billion suit over Disney film finance scandal