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Budget 2025: 6 things families and individuals can look forward to

Budget 2025 6 things families and individuals can look forward to
From an SG60 birthday package to more help for those with children, this is what Budget 2025 has for you.

There are other one-off support measures for families with children.

Families will receive S$500 in Child LifeSG credits for each child aged 12 and below this year.

Singaporean children aged 13 to 16 will get S$500 in top-ups to their Edusave accounts, while those aged 17 to 20 will get an additional S$500 in their Post-Secondary Education accounts.

4. Lower caps on preschool fees

Monthly childcare fees at anchor operator preschools will be capped at S$610, down from S$640.

Similarly, in partner operator preschools, fees will not go above S$650, down from a cap of S$680.

After subsidies, a dual-income family will pay about S$300 per child, with lower- and middle-income families paying less with additional subsidies.

5. Climate vouchers

Families living in public housing will get an additional S$100 in Climate Vouchers on top of the S$300 from last year.

Those living in private properties will also receive S$400 in Climate Vouchers to buy more efficient appliances.

The vouchers come in a mix of denominations – S$2, S$5, S$10 and S$50 – and can be used to buy 10 types of energy- and water-efficient household products.

6. More support for lower-income households

There will be more help for lower-income households.

The Fresh Start Housing Scheme will be enhanced, allowing second-timer families with children who live in public rental flats to get S$75,000 in grants for a new standard two-room Flexi or standard three-room flat on a shorter lease.

This is an increase from the S$50,000 in grants that eligible families under the scheme can currently receive.

Second-timer families refer to households that have previously enjoyed one housing subsidy. 

ComCare Assistance scheme payouts will increase. For example, a one-person household on long-term assistance will get an extra S$120 a month, bringing the total cash assistance to S$760 a month.

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