2018 Budget Announcements
In Budget 2017, the Government announced a permanent increase to the GSTV – U-Save rebate by between $40 to $120 depending on flat type. The increase took effect from July 2017.
We will provide additional U-Save of $20 a year for 3 years, from 2019 to 2021, to eligible Housing and Development Board (HDB) households. On average, the increase in U-Save rebate will cover the increase in electricity and gas expenses for HDB households arising from the carbon tax. This will help households adjust to the carbon tax when this is first implemented as they take efforts to reduce their electricity and gas consumption over time. This will cost an additional $54 million over three years and benefit about 900,000 households.
|HDB Flat Type||Annual Rebate for 2018|
Annual Rebate for 2019 - 2021
(after $20 increase)
1- and 2-room||$380||$400|
Executive / Multi-Generation||$220||$240|
Note: Households whose members own more than one property are not eligible. The GST Voucher – U-Save is paid over four quarters, in January, April, July, October.
Please refer to the
2018 Budget Website for other Budget benefits that households would receive.