How is the Annual Value (AV) requirement for Workfare Income Supplement determined and which address is used to calculate it?
The Annual Value (AV) threshold for the Workfare Income Supplement (WIS) covers all HDB flats and some smaller private residences. In general, Singaporeans staying in larger properties with an AV above the cut-off tend to have greater access to household wealth, making them ineligible for the WIS scheme.
The AV is based on the address reflected in your NRIC. Under the National Registration Act, you are required to report any change of address within 28 days at the Immigration & Checkpoints Authority (ICA) website.
If you are renting an entire property, the annual value of the rented property will be used to assess your eligibility.
This information is sourced from CPF
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