Property News: HDB households to get U-Save GST voucher in April

Ohmyhome

It’s not a late April Fool’s prank, HDB homeowners! The Ministry of Finance (MOF) announced on Tuesday that about 930,000 HDB households will get the next instalment of the GST voucher this month. If you’re eligible, you can look forward to a U-Save instalment of up to $100, as the amount disbursed will depend entirely on your flat type.

HDB Flat Type April 2019 Rebate
1- and 2-room $100
3-room $90
4-room $80
5-room $70
Executive/Multi-Generation $60

*information from Ministry of Finance

As part of the U-Save rebates component under the GST voucher scheme, U-Save rebates are meant to provide a helping hand for households to cover their monthly expenses particularly the utility bills and/or other household expenses. The Ministry said that U-Save is equivalent to 3-4 months worth of utility bills for 1- and 2- room households and about 1-2 months of utility bills for 3- and 4- room households.

According to MOF, the total amount of U-Save rebates set aside for eligible Singaporeans in 2019 alone amounts to $300 million.

While waiting for GST voucher updates, why not browse thousands of authentic listings on Ohmyhome? With just a glance, you’ll be up-to-date on the latest past transaction data of any unit. Go check it out!

Sources: MOF, GST Voucher


Related posts:

Consult an expert for free!

Send us your details and we’ll be in touch within 15 min (daily 9am to 9pm GMT +8).

or

Contact us your way

Talk to us today. Available daily 9 AM to 9 PM (GMT +8)

Subscribe Now

Get a notification every time we upload a new blog post.

Post your home in 2 minutes!

Rest assured, there are no hidden or success fee

Post your home in 2 minutes!

Rest assured, there are no hidden or success fee

SHARE WITH YOUR FRIENDS!

Consult an expert for free!

Send us your details and we’ll be in touch within 15 min (daily 9am to 9pm GMT +8).

or

Featured Blogs

Highlighting unique property views for every Singaporean

get an agent

Sell with an Agent

Dedicated experts at your service

Documentation Services

Leave the paperwork to us

do it yourself

Prefer to do-it-yourself?

Check out how our platform can help

Post a Listing for Free

Download the app and connect with buyers

RESOURCES

Ohmyhome E-Valuation

Know the value of your property in seconds!

Calculate Seller’s Stamp Duty

Find the amount payable when selling

How to Sell an HDB

A step-by-step guide to selling HDB

How to Sell my Private Property

A step-by-step guide to selling condo/landed

OHMYHOME E-VALUATION