World

More than 2.4 million Singaporeans to receive up to S$600 to ease rising costs

Singapore’s Government steps up support for households facing higher living and energy costs

Updated 1 month ago · Published on 13 Aug 2026 11:49AM

More than 2.4 million Singaporeans to receive up to S$600 to ease rising costs
More than 2.4 million eligible Singaporeans will receive a one-off cash payment of S$400 to S$600 from Sept 9 - August 13, 2026

OVER 2.4 million Singaporeans will receive a one-off cash payout of up to S$600 from Sept 9 as the Government steps up efforts to cushion households from rising living costs.

The Cost-of-Living Special Payment, announced in Parliament in April, is part of a nearly S$1 billion support package targeted at households and businesses affected by higher prices.

Eligible recipients must be Singapore citizens living in Singapore and aged at least 21 in 2026. They must also have an assessable income of no more than S$100,000 for the 2025 year of assessment and own no more than one property.

No application is required.

The Straits Times, on Thursday, reported that the payment ranges from S$400 to S$600 and is tiered according to the annual value of the recipient’s home, based on the property information recorded in their NRIC as at Dec 31, 2025.

The system is designed to provide greater support to Singaporeans with lower incomes and lower-value homes.

An adult Singaporean with an annual home value of more than S$31,000 and assessable income of up to S$100,000, for instance, will receive S$400.

An adult with an annual home value of up to S$15,000 and assessable income of up to S$22,000 will receive the maximum S$600.

Eligible citizens can check their status through the Government’s benefits portal using Singpass.

They are encouraged to link their NRIC to PayNow by Aug 30 to receive the payment earlier.

Those who do not receive the payout through PayNow will receive it via GIRO from Sept 17, while payments through GovCash will be made from Sept 24.

The Ministry of Finance (MOF) said eligible recipients would receive SMS notifications before and after their payments were credited.

Those without a mobile number registered with Singpass will instead be notified by letter sent to their NRIC-registered address.

MOF also warned Singaporeans to be vigilant against scams.

Official SMS notifications from "gov.sg" will only provide information about benefits. Recipients will not be asked to reply, click on links or provide personal information.

The ministry stressed that government officials would never ask members of the public to transfer money or disclose bank login details over the telephone.

The payout is part of a broader package of measures introduced this year to help Singaporeans cope with higher costs.

The nearly S$1 billion package comes on top of S$155 billion allocated under Budget 2026, Singapore’s largest Budget on record.

Active platform workers, private-hire car drivers and taxi drivers also began receiving S$200 in cash from the end of April to cushion the impact of higher fuel costs following US and Israeli strikes against Iran.

In June, the Government brought forward by six months the distribution of S$500 in Community Development Council vouchers to about 1.38 million Singaporean households to help with daily expenses.

On July 29, Second Minister for Finance Jeffrey Siow announced a further S$900 million support package for households and businesses amid continued uncertainty over energy prices stemming from the conflict in the Middle East.

The package includes an additional S$300 in CDC vouchers for every household, along with rebates in October 2026 and January 2027 to help offset higher utility bills. - August 13, 2026

Spotlight

Malaysia

Zahid: BN’s Unity Government pact ends with parliament’s dissolution

Malaysia

IGP: Negeri Sembilan remains calm amid disputed ruler proclamation

By Ian McIntyre

Malaysia

Families seek answers as 55 Malaysians remain missing in Nepal floods

Malaysia

Four foreign men held in raid on KL ‘same-sex’ entertainment centre

Malaysia

PH Melaka keeps eight seats for Amanah as state poll talks near finalisation

World

Bangkok floodwaters recede but heavy rain threat remains

Malaysia

Malaysia Airlines team did not know MH370 had turned back in crucial first hours

Malaysia

Anwar: Respect for King’s decision does not bar legal advice on Najib

World

ICC panel found no misconduct by Karim Khan, report says

You may be interested

World

Interpol: Scam networks evolve into global criminal enterprises

World

Myanmar drug fugitive arrested in Vietnam after regional manhunt

World

Hamas says Palestinian suffering could become Israeli election campaign tool

World

ICC panel found no misconduct by Karim Khan, report says

World

UN Security Council Veto must be abolished - Foreign Minister says

World

Iran offers seven-day plan to reopen Strait of Hormuz

World

Foreign Minister: West Asia escalation will hit families worldwide

World

Iran awaits formal US response despite Trump rejection of Hormuz proposal