Budget 2017: Water prices to rise by 30% over 2 years in SINGAPORE In his speech, Mr Heng said prices need to reflect the rising costs associated with supplying water. He said the cost of producing water has increased with the Government building more desalination and NEWater plants, as well as laying deeper pipes amid an urbanised environment. Including Video. DME GmbH2017-02-21T15:01:40+01:00