Housing grants, 'special payments': Here's how much millennials can get from Budget 2023

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Before delivering this year's Budget statement on Tuesday (Feb 14), Deputy Prime Minister Lawrence Wong said that it will be his 'Valentine's Day present to all'. He's not wrong. Wong, who is also Finance Minister, announced in Parliament a slew of measures to help Singaporeans cope with the rising cost of living. Here's how much millennials - aged between 27...

Before delivering this year's Budget statement on Tuesday , Deputy Prime Minister Lawrence Wong said that it will be his "Valentine's Day present to all".Wong, who is also Finance Minister, announced in Parliament a slew of measures to help Singaporeans cope with the rising cost of living.

The cash payouts under the Assurance Package are also set to increase - between $300 and $650 over the remaining years of the package. But for those looking to get a resale flat, Wong shared that the housing grant will increase by $30,000 for families purchasing four-room or smaller units and by $10,000 for those buying five-room or larger units.3. Baby bonus

 

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