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2024 Conservation Fee Rebate – Who is Eligible to Receive Payment?

Written by The Anand Market

Updated on:

The Ministry of Finance (MOF) said on 29 December 2023 that approximately 950,000 Singaporean households residing in HDB flats will be eligible for U-Save rebates and Service and Conservation Charge (S&CC) refunds from January 2024.

Remission of 2024 conservation fees

By January 2024, around 950,000 Singaporean households residing in HDB flats would get rebates to help them cover the Goods and Services Tax (GST) and offer lower-to-middle class households help with their cost of living .

The fourth and final quarterly payment for fiscal year 2023 will be made in the form of U-Save and Service and Conservancy Charges (S&CC) rebates, which will be distributed in January 2024.

An addition of $0.8 billion to the Insurance Program (AP) is part of the $1.1 billion Cost of Living Support Program, announced by the Ministry of Finance on September 28, 2023, with the aim of to “provide more assistance to Singaporean households, primarily the poorest or poorest households”. middle-income families.

HDB flat typeS&CC discount for the Insurance Package (AP) 2024Regular GST Voucher Scheme (GSTV) S&CC Rebate 2024
1 and 2 room HDB flats0.5%0.5%
3-Room and 4-Room HDB Flats0.5%0.5%
5 room HDB flats0.5%0.5%
Executive Apartments and 3Gen Apartments0.5%

Shortly after, on December 29, 2023, the MOF declared that rebates for S&CC and U-Save would begin in January 2024. These rebates are provided by the Permanent GST Voucher Program (GSTV) and the PA.

A 0.5% S&CC discount is available to eligible households residing in HDB flats with up to five rooms, based on S&CC discount rates from January 2024. A 0.5% S&CC discount is available to homeowners executive apartments and 3Gen apartments. Households’ S&CC accounts with their local councils will receive a direct credit for these repayments.

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Conservation Fee Rebate Eligibility for 2024

A fortnightly service and conservation fee (S&CC) rebate is provided to 950,000 Housing & Development Board (HDB) residents under the support package.

In 2023, approximately 80% of Singaporeans reside in HDB flats and HDB-provided public housing, of which 90% are owned by the occupants. Discount fee eligibility is shown below.

  • Singaporean houses, meaning the apartment is occupied by at least one Singapore citizen tenant or authorized occupant.
  • Necessary tenants or occupiers who do not own or harbor any interest in private residential, commercial or industrial real estate (including commercial and industrial assets owned by HDB).
  • As a legal entity, I am the owner of the HDB flat.
  • Give the body corporate the HDB flat.
  • Keep the house vacant.
  • Apartment owners who have not rented their entire accommodation

remission of 2024 conservation fees

What is included in the 2024 conservation fee rebate?

The common property of Jurong-Clementi Town is maintained and maintained by the monthly Service and Conservation Fee (S&CC). These services include the following:

  • Provide necessary maintenance and repairs to water pumps, control rooms, lighting, emergency services and elevators.
  • Cleaning and conservatory projects.
  • Gardening and landscaping projects.
  • Routine and preventative maintenance, such as painting and roof repairs.
  • Replacement of water pipes and automatic waste chute emptying devices.

Where do I pay my 2024 retention fee rebate?

The penalty for non-payment of HDB custody fees, which range from $0.50 for one-room flats to $7 for luxury flats, is assessed after the first day of each month if you fail to pay at time. Here are the payment methods available for S&CC 2024.

  • Cash, Check, Nets, Visa, MasterCard, American Express and Dash can be paid in person at any of our offices.
  • Check – Mail (Please send the check to Blk 255 Jurong East Street 24, #01-303, Singapore 600255, with your account and telephone number on the back.)
  • GIRO.
  • Recurring Credit Card System (RCCS)
  • Websites for Standard Chartered, DBS, OCBC and UOB (exclusively for online banking).
  • At any AXS e-Station or any AXS station on the island.
  • At any SAM machine or Singapore Post office.
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