Sengkang Town Council (SKTC) will increase the monthly Service and Conservancy Charges (S&CC) for all residential flats and commercial premises with effect from 01 March 2025.
As with many other Town Councils, SKTC faces considerable cost pressures due to high inflation, higher energy prices and rising tender rates for various maintenance and upkeep operations. Even as we continue to ensure that Town Council operations are managed in a cost-effective manner, the increase in the S&CC is necessary for SKTC to maintain sufficient funds for estate maintenance and upgrading works in the coming years.
We are mindful of the financial pressures, from higher food prices to transportation and housing costs. In addition, considering the eventual increase of Goods and Services Tax to 9% in 2024, increasing the S&CC rate sooner will inevitably leave our residents with less breathing space. To ease this transition, we have carefully evaluated the timing of the S&CC increase and decided that implementing it earlier would not be fiscally responsible, as it could lead us to carry a surplus beyond optimal levels in the near term, even as we anticipate increased expenditures to come.
While striking a balance between the needs of SKTC and cushioning the impact of the rising cost of living, we are pleased to share that we have received confirmation from the Ministry of National Development (MND) that our arrangement meets the requirement for the MND special funding support package, to reduce the impact of S&CC increases on residents.
We seek your kind understanding on the deferred revision in S&CC from 01 March 2025 onwards. For residents who require financial support, you may reach out to your Members of Parliament at their Meet-the-People-Sessions for assistance.
SENGKANG TOWN COUNCIL