Singaporeans can expect a significant financial boost as the government confirms a S$700 bonus payout under the Assurance Package (AP), scheduled for December 2025. This initiative aims to ease the burden of inflation and offset the full effects of the Goods and Services Tax (GST) hike that came into effect in 2024.
The S$700 bonus, commonly referred to as the SG Bonus, is part of a larger, multi-year strategy to support citizens coping with the rising cost of living. If you’re a Singaporean citizen, understanding the eligibility criteria, payment details, and how to receive the payout is crucial to ensuring you don’t miss out.
What is the S$700 Government Bonus?
The S$700 SG Bonus is a one-time cash payment included in the broader Assurance Package. It is specifically designed for Singaporean adults aged 21 and above who meet certain income and property criteria. The scheme recognizes the financial stress on lower and middle-income groups caused by inflation and recent tax policy changes.
The GST increased from 8% to 9% in January 2024. In response, the government reinforced the Assurance Package with cash handouts, MediSave top-ups, and other benefits to cushion households from higher expenses.
S$700 SG Bonus 2025 Overview
| Category | Details |
|---|---|
| Country | Singapore |
| Program Name | Assurance Package (SG Bonus) |
| Payout Range | S$700 – S$1,600 (Total over 5 years) |
| Payout Date | December 2025 |
| Eligibility Criteria | Income, property ownership, age, citizenship |
| Distribution Method | PayNow-NRIC, Bank Credit, or Cheque |
| Payment Year | 2025 |
| GST Adjustment Support | Yes |
| Official Notification | Email, SMS, or Letter |
Eligibility Criteria for the SG Bonus in 2025
To qualify for the S$700 payout in December 2025, you must meet the following updated requirements:
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Singapore Citizenship
Only Singaporean citizens are eligible. Permanent Residents and non-citizens do not qualify. -
Minimum Age Requirement
You must be at least 21 years old by December 31, 2025. -
Annual Income Limit
Your Annual Assessable Income (based on the Year of Assessment 2024) must be below S$100,000. -
Property Ownership Cap
You must not own more than one residential property. -
Employment Status
This bonus applies to a wide range of individuals, including:-
Full-time employees
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Self-employed persons
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Unemployed individuals
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Retirees who meet the other criteria
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There’s no need to apply separately. If you meet the criteria, the government will automatically include you in the payout scheme based on your records.
When Will the S$700 Payout Be Made?
The S$700 SG Bonus is scheduled for December 2025, aligning with the year-end holiday season. This strategic timing helps residents with additional spending and financial planning during a typically high-expense period.
Payment Notifications:
Eligible individuals will receive official updates via:
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SMS (from official government numbers)
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Email
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Physical letters
Payout Method Recommendations:
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Fastest Option: PayNow-NRIC – Highly recommended for fast and direct processing. If not yet registered, you can do so via your bank’s app.
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Alternative Options: Direct bank deposit or cheque for those not linked to PayNow-NRIC.
How Much Will You Receive?
While the headline amount is S$700, the actual amount each person receives under the Assurance Package varies depending on income and property ownership. Between 2022 and 2026, total cash support may range from S$700 to S$1,600. Those with lower income and no additional property typically receive the higher end of the range.
Why This Matters in 2025
With ongoing inflation and the long-term impact of GST adjustments, financial support remains essential for many Singaporeans. The government has reinforced its commitment to supporting families and individuals through the Assurance Package, ensuring targeted aid where it’s needed most.
In 2025, as global economic trends continue to affect everyday costs, such structured, predictable aid is crucial to help citizens manage their household budgets.
Conclusion
The upcoming S$700 government payout in December 2025 is more than just a year-end bonus—it’s part of a well-designed support system to help Singaporeans stay financially stable amidst economic shifts. If you’re eligible, make sure your PayNow-NRIC details are up-to-date and keep an eye on government notifications as the payout date approaches.
FAQs
Who is eligible for the S$700 SG Bonus in 2025?
To be eligible, you must be a Singapore citizen aged 21 or older in 2025, earn under S$100,000 annually (as per YA 2024), and own no more than one property.
Do I need to apply for the payout?
No application is necessary. If you meet the criteria, you will be automatically considered, and payment will be processed based on your existing government-linked records.
How will I receive the bonus?
The fastest method is through PayNow-NRIC. Other options include direct bank transfer or receiving a cheque.
What if I turn 21 only in late 2025?
As long as you are 21 by December 31, 2025, you qualify for the payout.
Can I receive more than S$700?
Yes. Over the five years (2022–2026), the total support could add up to S$1,600, depending on your personal circumstances.
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