To help citizens combat rising expenses, the Singapore government is releasing a $490 cost-of-living relief package starting April 30, 2025.
This payout is part of an enhanced support strategy to address inflation and help low- and middle-income Singaporeans meet daily needs more comfortably.
The relief comes in the form of cash payouts and vouchers distributed automatically to eligible individuals without the need for application.
Who Qualifies for the $490 Cost-of-Living Relief?
To be eligible for the $490 payout, individuals must meet the following conditions:
- Must be a Singapore citizen residing in the country.
- Must be 21 years or older in 2025.
- Annual assessable income must not exceed $100,000 for the relevant assessment year.
- Must own only one property or none at all.
These criteria ensure that the assistance reaches those who genuinely need financial support due to the cost-of-living increase.
What Does the $490 Relief Include?
The $490 benefit consists of a combination of Community Development Council (CDC) vouchers, cash assistance, and other support measures tailored for different age and income groups.
Here’s a detailed breakdown:
| Component | Amount (SGD) | Eligibility Notes |
|---|---|---|
| CDC Vouchers | $300 | All Singaporean households |
| Cash Support Payment | $190 | Eligible adults based on income & property |
| Total Package Amount | $490 | For most qualified individuals |
Additional top-ups or separate payouts may apply for:
- Seniors aged 55 and above
- Children under 21
- Families with more than two children
- HDB households eligible for climate and energy savings vouchers
When and How Will Payments Be Made?
Disbursements begin April 30, 2025, and will continue over the following weeks. Payments will be made through:
- Direct Bank Transfers linked to the recipient’s NRIC
- PayNow-NRIC linked accounts
- GovCash for those without bank accounts, redeemable at ATMs
There is no need to apply. Eligible recipients will automatically receive their payment based on tax and residency data already held by the authorities.
What Else Is Included in Broader Cost-of-Living Support?
The $490 is part of a wider assistance package that includes:
- MediSave Top-Ups for seniors
- GST Voucher Scheme Enhancements
- U-Save and S&CC rebates for eligible HDB households
- Energy-saving climate vouchers for household appliances
- Support for working adults through employment schemes and training credits
These measures are designed to ensure continued relief across different demographics and income groups in the face of economic pressures.
Common Concerns and Next Steps
If you think you are eligible but don’t receive the payout, check the following:
- Ensure your banking details are updated
- Make sure you filed your most recent tax return if applicable
- Verify property ownership records and income thresholds
You may also receive a notification letter outlining the amount disbursed and components you qualified for.
Singapore’s $490 cost-of-living relief beginning on April 30, 2025, is a crucial step in helping citizens cope with inflationary pressures.
With automatic payments, simplified eligibility, and support spread across age and income brackets, this initiative ensures help reaches the right people at the right time.
Citizens are encouraged to stay informed, check their eligibility, and keep personal records updated to receive timely support.
FAQs
Do I need to apply for the $490 relief payment?
No application is required. Payments will be disbursed automatically to eligible citizens.
What if I don’t receive the payout even though I qualify?
You should ensure your PayNow-NRIC or bank account details are up to date. Further steps can include checking eligibility records or contacting support channels.
Can both members of a household receive the $490 payment?
Yes, as long as both individuals meet the eligibility criteria independently.