The Singapore Government has announced a 2025 Cash Boost ranging from S$400 to S$850 to help households manage rising living costs. This direct payout will be given to eligible citizens as part of a larger Cost-of-Living Support Package.
Purpose of the Cash Boost
This payout aims to:
- Offset higher daily expenses caused by inflation.
- Provide targeted support for lower- and middle-income households.
- Enhance financial stability in 2025 alongside other subsidies and vouchers.
Who Qualifies
Eligibility is based on citizenship, age, income, and property ownership.
| Criteria | Details |
|---|---|
| Citizenship | Must be a Singapore citizen |
| Age | 21 years and above in 2025 |
| Income | Assessable income of not more than S$100,000 in 2024 |
| Property Ownership | Must not own more than one property |
Payout Structure
The payout amount depends on your household income and property status.
| Household Income / Property Status | Payout Amount (S$) |
|---|---|
| Lower-income (≤ S$34,000 income, 1 property) | S$850 |
| Middle-income (S$34,001 – S$100,000 income, 1 property) | S$400 |
| More than 1 property owned | Not eligible |
When and How You’ll Get Paid
- Payment Mode: Directly credited to your PayNow NRIC bank account or via cheque if PayNow is not linked.
- Payout Date: Expected mid-2025 (exact date to be announced closer to the time).
- No Application Required: Eligible citizens are automatically included.
Why This Matters to Families
This cash payout is particularly beneficial for households facing increased expenses on food, utilities, and transport. It offers:
- Immediate cash relief for essentials.
- Flexibility – unlike vouchers, it can be used for any household need.
- Higher support for lower-income families to bridge cost gaps.
Overview Table
| Detail | Information |
|---|---|
| Scheme Name | 2025 Cash Boost |
| Amount Range | S$400–S$850 |
| Payment Type | One-time cash payout |
| Eligible Group | Singapore citizens aged 21+ |
| Payment Mode | PayNow NRIC / Cheque |
| Official Source | Gov.sg |
FAQs
Q1: Is the payout taxable?
A: No, it is a government support payment and not taxable.
Q2: Can permanent residents apply?
A: No, it’s only for Singapore citizens.
Q3: Do I need to sign up?
A: No, the process is automatic for eligible recipients.