What are CDC vouchers Singapore 2026 and how much can households claim?

CDC vouchers Singapore 2026 provide S$300 per Singaporean household from 2 Jan. S$150 is usable at hawkers and heartland shops, and S$150 at participating supermarkets. The aim is to ease cost-of-living pressures and support local merchants. Collection and redemption are digital-first for ease and speed.

Where can I use the supermarket vouchers Singapore portion?

You can spend the supermarket vouchers Singapore portion at participating supermarkets indicated on the official voucher site. Look for QR acceptance at checkout and confirm eligible items. Many shoppers use vouchers on staples, fresh produce, and household goods to lift value while keeping cash for bills and savings.

How do heartland merchants vouchers support local businesses?

Heartland merchants vouchers direct spend to hawker centres and neighbourhood shops. This boosts footfall and helps small businesses move inventory. Clear pricing, QR readiness, and set meals can raise conversion. The effect is strongest in the first weeks as families redeem quickly after collection begins.

What should investors watch in Q1 after the voucher rollout?

Track retail and F&B indexes, merchant updates on basket size and traffic, and inventory health. A strong January spike may normalise in February. Execution matters: stores with smooth QR payments, entry-price items, and smart bundles capture more value. Policy signals ahead of mid-2026 ESR updates also matter.

Global Market Insights

January 03: $300 CDC Vouchers to Lift Singapore Retail Spending

ByDanny Kontos January 3, 2026January 3, 2026

CDC vouchers Singapore 2026 begin with S$300 per household from 2 Jan, split equally between heartland merchants and supermarkets. More than 500,000 households claimed on day one, pointing to a quick lift in food and essentials. We expect a front-loaded push to January receipts, with spillover into February as redemptions continue. The move gives near-term relief while wider ESR recommendations are due by mid-2026. For investors, the key is how fast vouchers turn into higher basket sizes and repeat visits at participating outlets.