IKEA Singapore to absorb GST hike in 2024 to remain affordable for the many people
From 1 January 2024, IKEA Singapore will absorb the 1 percent GST rate increase and maintain prices on offerings online and in-store.
We remain committed to our mission of creating a better everyday life for the many people. This year, we made extra efforts to ensure efficiencies in the supply chain so that we can pass on savings through guaranteed low prices for customers.
Additionally, Singaporeans can still count on us to get the most for their homes through other initiatives, such as:
- ‘We lower prices where we can’: where customers can enjoy lower prices on their favourite IKEA products or home essentials, and
- ‘New home package’: to better help homeowners furnish their new or newly renovated homes.