S$700 Relief Payout Rumors and Financial Aid

As of April 2025, no new S$700 relief payout has been officially announced by the Singapore government. However, citizens are still receiving meaningful support through ongoing schemes such as the GST Voucher (GSTV) and Assurance Package (AP).

This article explores what Singaporeans can expect in 2025, how to check their eligibility, and what past payments looked like. It also addresses the widespread rumors and offers practical steps to avoid scams and misinformation.

Latest Status on S$700 Financial Aid in 2025

Although no fresh payout of S$700 is confirmed this year, support remains active through structured benefits. Key components include:

• Cash assistance via GSTV

• MediSave top-ups for seniors

• Tiered payouts based on housing Annual Value (AV)

• Digital updates via official portals

In contrast to previous years, 2025 emphasizes targeted relief over flat cash disbursements.

Previous S$700 Payout in 2023

In August 2023, approximately 1.5 million Singaporeans received financial aid worth up to S$700, split into:

• GSTV – Cash (up to S$500)

• Cost-of-Living Special Payment (up to S$200)

This was a direct response to inflation pressures and GST hikes.

What Happened in 2024?

In 2024, the aid was more income-sensitive. The cash benefits were distributed as:

• S$850 for residents with AV ≤ S$13,000

• S$450 for residents with AV between S$13,001 and S$21,000

Additionally, MediSave top-ups, CDC vouchers, and AP benefits were part of the comprehensive relief strategy.

Who Is Eligible for These Support Schemes?

Eligibility for past and ongoing support generally includes:

• Singapore Citizen aged 21 or older

• Must not own more than one property

• Annual Value (AV) of residence ≤ S$21,000

Seniors aged 65+ also qualify for MediSave top-ups under the Assurance Package.

Understanding Annual Value (AV)

Annual Value refers to the estimated yearly rental income your flat would earn. It determines your eligibility for benefits. To check your AV:

• Log into the IRAS portal using your SingPass

MediSave Top-Ups for Seniors in 2025

Singaporeans aged 65 years and above may continue to receive:

• Up to S$450 in MediSave top-ups

• Coverage for premiums under CareShield Life and MediShield Life

These are delivered automatically as part of AP benefits.

How to Check If You’re Eligible

To track your benefits or confirm your eligibility:

1. Visit the GST Voucher website

2. Click “Check Your Eligibility”

3. Log in using SingPass

4. Review your payout history and upcoming disbursements

For Assurance Package updates, check the Gov Benefits portal.

Why No New S$700 Payout Was Announced in 2025

The absence of a large, single payout reflects Singapore’s shift toward long-term, targeted assistance. Budget 2025 initiatives include:

• Skills development support

• Enhanced Workfare Income Supplement

• Focused family and senior support schemes

Rather than blanket cash payments, the government is prioritizing sustainable and strategic aid.

Scam Alert: Stay Vigilant

Singaporeans are urged to remain cautious:

• Only trust updates from MOF, Gov.sg, or official CPF/GSTV portals

• Never share your SingPass login, OTP, or bank details

• Report suspicious activity at Scam Alert (www.scamalert.sg) or call 1800-722-6688

FAQs

Will I get S$700 in 2025 again?

No new S$700 payout is confirmed for 2025. However, benefits through GSTV and AP continue for eligible citizens.

When is the next payout date in 2025?

Disbursements are typically announced mid-year. Watch for updates around July or August 2025.

How do I check my property’s Annual Value (AV)?

Log into the IRAS portal using SingPass to view your property’s AV and determine eligibility.

Are PRs or foreigners eligible for these payouts?

No, only Singapore Citizens qualify for GSTV and AP benefits.

What if I didn’t receive my payout last year?

Check your GSTV account or call the GSTV hotline at 1800-2222-888 for assistance.

Click here to know more.