In December 2024, Singapore officials began to pay $700 to help residents with increasing housing expenses. This initiative is part of the Comprehensive Assurance Package (AP) and Goods and Services Tax Voucher (GSTV) schemes, aimed at providing financial relief to the people of Singapore, especially those who reduce income.
Assurance Package (AP) and GSTV Overview
The AP and GSTV are government tasks designed to offset the effect of the Goods and Services Tax (GST) on Singaporeans. These packages offer coin payouts, MediSave pinnacle-ups, and software rebates to eligible citizens. The S$700 payout is a component of these ongoing efforts to support the populace amidst economic challenges.
Details of the S$700 Payout

The S$700 payout is structured as follows:
- GSTV—Cash (Seniors’ Bonus): Lower-income Singaporean seniors receive additional cash payments ranging from S$600 to S$900. These payments are disbursed over three years, from 2023 to 2025. cite turn search
- AP Cash: Every Singaporean aged 21 and above receives cash benefits ranging from S$700 to S$1,600, depending on income and property ownership. These payments are spread over five years, from 2022 to 2026. cite turn 0 search 6
Eligibility Criteria
To qualify for the S$700 payout, applicants must meet the following criteria:
- Citizenship: Must be a Singapore citizen residing in Singapore.
- Age: Must be aged 21 and above in 2024.
- Assessable Income: Must have an annual assessable income not exceeding S$100,000 for the Year of Assessment 2022.
- Property Ownership: Must not own more than one property.
These criteria ensure that the assistance reaches those who are most in need, particularly lower- and middle-income households.
Disbursement Details
The S$700 payout is scheduled for disbursement in December 2024. Eligible citizens will get hold of the funds via direct bank transfers or their preferred fee approach. No software is needed, as the authorities will pick out recipients primarily based on existing statistics. However, residents are encouraged to affirm and update their non-public information, which includes bank account records, via the reputable government portal to make sure of a clean and well-timed transfer.
Additional Support Measures
Beyond the S$700 payout, the government has introduced several other initiatives to support citizens:
- Community Development Council (CDC) Vouchers: Every Singaporean household gets S$800 in CDC Vouchers, with S$500 distributed in May 2025 and S$300 in January 2026. These vouchers may be used at participating heartland merchants, hawker stalls, and supermarkets, promoting neighbourhood agencies and easing day-by-day prices.
- U-Save Rebates: Eligible Housing and Development Board (HDB) households receive up to S$760 in U-Save rebates to help offset utility bills. These rebates are credited quarterly throughout 2025.
- LifeSG Credits: Families with Singaporean children aged 12 and below receive S$500 in LifeSG credits per child. These credits can be used at merchants accepting Nets QR and PayNow UEN QR payments.
- Edusave and Post-Secondary Education Account Top-Ups: Singaporeans aged 13 to 20 in 2025 receive a S$500 top-up to their Edusave accounts or Post-Secondary Education Accounts.
- Enhanced ComCare Assistance: ComCare Assistance schemes had been better to provide more assistance to lower-income families with basic dwelling costs.
- Singapore Allowance Increase: The Singapore Allowance, an ex-gratia payment for some pensioners, is increased from S$350 to S$390 in keeping with the month to support people with smaller pensions.
How to Check Your Eligibility
Singaporeans can check their eligibility for the various support measures through the SupportGoWhere portal:
- Visit the Portal: Go to the SupportGoWhere website.
- Log In: Use your SingPass credentials to log in securely.
- Verify Details: Review your eligibility by checking your income and property status.
- Update Information: Ensure your contact and bank details are current to avoid delays.
The cutoff date for updating your details is November 30, 2025. Missing this deadline may result in delays or forfeiture of your payout. Late registrations may still be processed on a case-by-case basis, but it’s advisable to act promptly.
Payment Schedule Overview

To provide a clear understanding of the payment schedule, the following table summarizes the various payouts and their disbursement periods:
Payment Type | Amount | Disbursement Period |
---|---|---|
GSTV – Cash (Seniors’ Bonus) | Up to S$900 | 2023–2025 |
AP Cash | S$700–S$1,600 | 2022–2026 |
CDC Vouchers | S$800 | May 2025, Jan 2026 |
U-Save Rebates | Up to S$760 | Quarterly in 2025 |
LifeSG Credits | S$500 per child | 2025 |
Edusave/Post-Secondary Account Top-Ups | S$500 | 2025 |
Enhanced ComCare Assistance | Varies | Ongoing |
Singapore Allowance Increase | S$390 | Ongoing |
Expert Insights: Navigating the Government Support Measures
To provide further clarity on the government support measures, we spoke with Ms. Serene Lee, a senior economist at the Singapore Centre for Economic Research. She emphasizes that these initiatives are designed to provide targeted support to those who need.
FAQs
1. Who is eligible for the S$700 payout?
Singaporean citizens aged 21 and above, with an annual assessable income not exceeding S$100,000 and owning no more than one property, are eligible for the S$700 payout.
2. When will the S$700 payout be disbursed?
The S$700 payout is scheduled for disbursement in December 2024. Eligible citizens will receive the funds directly through their registered bank accounts without needing to apply.
3. What is the purpose of the S$700 payout?
The S$700 payout is part of the Assurance Package (AP) and GSTV schemes, providing financial relief to Singaporeans, especially lower- and middle-income households, to offset rising living expenses and GST impact.