Adults with annual assessable incomes of up to S$100,000 are eligible, regardless of the type of property they live in. 

Today-May 11

About 2.5 million adult Singaporeans will receive up to S$400 in cash each under this year’s Cost-of-Living Special Payment, with more support given to lower-to middle-income groups, said the Ministry of Finance (MOF) on Thursday (May 11).  In a press statement, MOF said that adults aged 21 and above in 2023 with annual assessable incomes of up to S$100,000 and who do not own more than one property are eligible. About 850,000 senior Singaporeans will also receive up to S$300 in cash each under the 2023 Cost-of-Living Seniors’ Bonus to provide additional cost-of-living support for seniors. This will be eligible to all senior citizens aged 55 and above with annual assessable incomes of not more than S$34,000, own only one property and whose residential address is a property with an annual value that does not exceed S$21,000.

Both payments will be disbursed together in June 2023, with eligible seniors receiving up to S$700 each in total.

These are part of the enhanced Assurance Package announced by Deputy Prime Minister Lawrence Wong during Budget 2023 to help cope with high inflation and the Goods and Services Tax (GST) hike. Read more at:

https://www.todayonline.com/singapore/25-million-singaporeans-receive-s400-under-cost-living-special-payment-june-2169056