Singaporean households can look forward to a timely financial boost in 2025 as the government rolls out the much-anticipated S$700 Cost-of-Living Special Payment. This one-time payout is part of Singapore’s ongoing efforts to help citizens cope with inflation and rising daily expenses.
If you’re wondering whether you’re eligible or when the payment will arrive, this full guide covers everything you need to know — from eligibility and benefits to key payment dates.
What Is the S$700 Government Payout?
The S$700 payout is part of the Assurance Package, introduced by the Singapore government to help cushion the impact of GST increases and rising living costs. It is a one-time cash payout provided to eligible Singaporeans in 2025.
This support is aimed especially at lower- and middle-income groups, ensuring that everyday essentials like food, transport, and utilities remain manageable amid inflation.
Who Is Eligible for the Payout?
You qualify for the S$700 payout if you meet the following conditions:
- You are a Singapore Citizen
- You are aged 21 and above in 2025
- Your Annual Assessable Income (AI) for YA 2024 is S$34,000 or below
- You do not own more than one property
Those with slightly higher incomes may still receive a partial payout (S$350), depending on their income tier and property ownership.
How Much Will You Receive?
| Annual Income (YA2024) | Payout Amount |
|---|---|
| Up to S$34,000 | S$700 |
| Above S$34,000 (1 property) | S$350 |
The payout will be credited directly to your bank account linked via PayNow NRIC, or you can opt to receive it through GovCash if you haven’t registered for PayNow.
📅 When Will the Payout Be Credited?
The government has announced that the S$700 payments will be disbursed in August 2025. Exact dates may vary slightly based on your payment method:
- PayNow (NRIC-linked): Mid to late August 2025
- GovCash Collection: From late August 2025 at OCBC ATMs (with NRIC)
You will receive an SMS or notification once your payout has been processed.
How to Check Your Eligibility
You can check your eligibility and payment details by logging into:
🔗 https://www.assurancepackage.gov.sg
Use your Singpass to view your status, bank details, and payout amount.
Why This Payout Matters
With global economic uncertainty and rising living expenses, the S$700 payout brings direct and immediate relief to Singaporeans, especially:
- Families with school-going children
- Elderly residents on fixed incomes
- Lower-wage workers facing inflation pressure
This initiative is also part of a broader Assurance Package, which includes CDC vouchers, MediSave top-ups, and utility rebates.
The S$700 Government Payout in 2025 reflects Singapore’s continued commitment to supporting its citizens through financial uncertainty. If you meet the eligibility criteria, this payout can go a long way in easing your monthly expenses and offering some peace of mind.
🔔 Don’t forget to check your eligibility and keep your bank details updated to receive your payment smoothly in August.
