Prime Minister Lee Hsien Loong said on Thursday that he hoped the debate on water price hike could remind Singaporeans of its value, Straits Times Online reported on Thursday.
Mr pointed out that Singapore was one of the most water-stressed nations in the world.
For us, water will always be a strategic resource, and a matter of national security, he wrote in his Facebook post.
He said Singapore needs to price water correctly so that people are aware of how precious it is.
Water prices will be raised by 30 percent over two years, but low and middle-income households will get rebates to deal with the increase in living costs. Prices were last raised in 2000.
The rising cost of producing water using desalination and producing Newater was one of the reasons given for the hike.
Mr Lee said most households will see a $2 to $11 increase each month, while one to two-room households will not be affected by the hikes.
For three quarters of businesses, water bills will go up by less than $1 per day or $25 per month, he added.
Source: Thai Public Broadcasting Service (Thai PBS)