Singapore will issue a large sum of up to S$700 cash payout to its eligible citizens in 2025, in the Assurance Package (AP), to assist households in managing increases in costs due to rising Goods and Services Tax (GST) and inflation. This program is based on other earlier programs that support the same initiative with the aim of alleviating the burden of middle- and low-income families. This is a breakdown of the recipients, eligibility criteria, amount of payout, and schedule of the 2025 SG 700 government payout in Singapore.
Who Qualifies to Get the S$700 Payout?
– Citizens of 21 and over at the end of 2024.
– Individuals whose assessable income (AI) is up to S100,000 annually; the amount of payout is determined depending on income and property ownership.
Singapore Citizens in Singapore who hold the ownership of residential property(s) of no more than one are the ones who are paid more substantial payout amounts.
– Citizens who own more than one residential property are paid fixed amount of S$200 less.
Payout Amount Breakdown
| Income Range | Property Ownership | Payout Amount (S$) |
|---|---|---|
| Up to S$34,000 | Own 0 or 1 property | S$600 |
| Between S$34,001 and S$100,000 | Own 0 or 1 property | S$350 |
| Any income | Own more than 1 property | S$200 |
The pay out will be progressive to make sure that the poor will have the biggest share although some support will be given to the middle-income earners.
Distribution Method and Dates of payment
– The 25-pay will be paid in December 2025.
Payments to eligible citizens will happen immediately via PayNow or linked bank transfers or via GovCash in the instance of individuals without linked bank accounts.
– The payments will be automatically credited and no separate application should be made.
– Payments are advised to be made through Singpass as citizens are encouraged to verify and update their bank account or PayNow details to make sure they are not faced with delays.
Further Measures and Background
This payment is included in the larger Assurance Package, which includes, cash payouts, utility rebates (U-Save), grocery vouchers and other forms of assistance which are aimed at reducing the cost-of-living pressure created by GST increases – between 7-9% in 2023 – and inflation trends. This multi-layered strategy has seen the government spend billions of dollars in supporting the disadvantaged and the middle-income groups in the coming few years.
FAQs
Q1: Am I to apply in order to receive the S$700 payout?
No, the payouts will be given automatically to eligible citizens on the basis of their tax and property records.
Q2: How do I find out whether I am eligible or revise my details?
You can verify your eligibility and payment through the portal of GST Voucher e- Services through your Singpass.
Q3: I have more than one property.
The more you own a residential house, the lesser you payout a flat S$200 irrespective of the income.