Here’s something most residents are still trying to confirm — yes, the Singapore government is officially disbursing a $700 cash payout in 2025. It’s part of the Assurance Package (AP), designed to help citizens manage rising living costs and the impact of the GST hike. Let’s simplify what’s happening, who qualifies, and how it’ll be paid.
Why the $700 Payout Was Introduced
You might be wondering why this payout is happening now. The government announced it in Budget 2025 to cushion households from inflation and the GST increase to 9%. It’s a direct cash relief measure aimed at lower- and middle-income Singaporeans who’ve felt the pinch most.
Who’s Eligible for the $700 Cash Support
To qualify, you must be a Singapore citizen aged 21 or older as of December 31, 2025. Your annual assessable income should be $34,000 or less, and you must own no more than one residential property. If you meet these conditions, you don’t need to apply — the payout is automatic.
How and When the Money Will Be Disbursed
The payout will be credited in August or December 2025, depending on your eligibility tier. If your NRIC is linked to PayNow, you’ll receive it directly in your bank account. Otherwise, the government will use GovCash or bank transfers. It’s easier than it seems once your details are updated.
Breakdown of Payout Amounts by Income Tier
| Income Tier (Annual) | Property Ownership | Payout Amount (SGD) |
|---|---|---|
| ≤ $34,000 | ≤ 1 property | $700 |
| $34,001 – $100,000 | ≤ 1 property | $350 |
| > $100,000 | Any | Not eligible |
These figures reflect the Assurance Package’s tiered support system2.
What You Should Do Right Now
Don’t wait for a notification to act. Log in to the Assurance Package portal using your Singpass and check if your bank details and NRIC linkage are up to date. This ensures you receive the payout without delays or manual claims.