800,000 HDB households to receive $40 million of U-Save rebates

About 800,000 Singaporean households in Housing Board flats can expect to receive $40 million worth of Utilities-Save (U-Save) rebates in January 2012, said the Ministry of Finance (MOF) on Friday.

A Singaporean household may receive up to $90 in U-Save rebates, depending on the Housing Board flat type.

The U-Save rebates in January are the final tranche of the five years of rebates that were granted as part of the Goods and Services Tax (GST) Offset Package beginning in 2007.

Over the past five years, those living in Housing Board flats have received more than $800 million worth of utilities rebates, including additional rebates given under the Grow & Share Package this year.