GE2025 - Here are the key points from PSP's manifesto
Implementation challenges include fiscal costs (e.g., GST reduction, caregiver allowances) and political resistance to reforms like GRC abolition.

The Progress Singapore Party (PSP) released its manifesto for Singapore's 2025 General Election, titled “Progress for All,” outlining over 60 policy proposals to address key national issues.
The manifesto focuses on building a fair society, ensuring dignified living standards, providing diverse educational pathways, and strengthening democratic institutions.
Below is a detailed, reorganized summary of the manifesto’s key points, structured for clarity and coherence, based on the provided document.
1. Cost of Living
The PSP addresses Singapore’s escalating cost of living, driven by a 18% rise in the Consumer Price Index (CPI) from July 2020 to February 2025, with specific increases in hawker food (20%), public transport (20%), and water prices (18%). The GST hike from 7% to 9% in 2024 and soaring HDB resale prices (50% increase from Q2 2020 to Q4 2024) exacerbate the burden, while median wages have only risen 21% from $4,534 to $5,500.
- GST Reduction and Exemptions:
- Reduce GST to 7%, arguing it’s regressive and Singapore’s $1.2 trillion reserves (12 years of government expenditure) allow fiscal flexibility.
- Exempt basic essentials (e.g., water, rice, eggs, cooking oil, formula milk) from GST, with price thresholds (e.g., rice under $2/kg) to target lower-income households.
- Land Cost Reforms:
- Defer land cost for HDB Build-To-Order (BTO) flats, recording it at sale and recovering it with interest upon resale, treating public housing as essential infrastructure like schools.
- Treat land sales proceeds as revenue over the lease period (e.g., 99 years), allowing 5% annual draw for budget use, providing a cumulative revenue stream without depleting reserves.
- Commercial Rent Control:
- Have the Fair Tenancy Industry Committee (FTIC) issue guidelines on annual rent increases for commercial properties, aligning with economic growth to moderate business costs.
- Hawker Centre Reforms:
- Set hawker stall rents at $500/month or 3% of gross turnover (whichever is higher), replacing the tender system to lower costs (current median: $1,625/month).
- Phase out Socially-conscious Enterprise Hawker Centres (SEHCs) and centralize management under a new agency, “Hawker Singapore,” to reduce costs and promote hawker culture.
- Food Affordability:
- Provide government-funded food discounts for Pioneer Generation, Merdeka Generation, and CHAS cardholders at hawker centres, funded by respective funds.
- Increase CDC Vouchers for lower-income households to offset food costs, relieving hawkers from funding budget meals.
- Healthcare Affordability:
- Nationalize MediShield Life and CareShield Life, with government-funded premiums for all Singaporeans, costing $2-3 billion annually to ease premium burdens.
- Centralize drug procurement for public and private healthcare facilities to reduce costs through bulk bargaining.
- Offer a $3,000 “HealthierMother” cash gift per child to defray confinement costs post-childbirth.
Policy Area | Key Proposal | Intended Impact |
---|---|---|
GST | Reduce to 7%, exempt essentials | Ease regressive tax burden |
Land Costs | Defer HDB land costs, spread land sales revenue | Lower housing and business costs |
Hawker Reforms | Fixed/low rents, phase out SEHCs | Keep food prices affordable |
Healthcare | Nationalize insurance, centralize drug procurement | Reduce medical expenses |
2. Housing
The PSP critiques the BTO system’s long waiting times and rising resale prices (50% increase from Q2 2020 to Q4 2024), driven by land costs (60% of BTO costs) and lease decay concerns. The government’s subsidies to keep BTO prices affordable increase fiscal burdens, necessitating a rethink of housing policies.
- Affordable Homes Scheme (AHS):
- Replace BTO with AHS, selling flats at construction cost plus a location-based premium, excluding land cost unless sold on the resale market.
- Ensure affordability without depleting CPF savings, severing the link between housing and retirement, with minimal impact on resale market due to limited supply (20,000 flats/year).
- Singles Housing Access:
- Allow singles aged 28+ to buy 2- and 3-room BTO flats and all resale flats in any estate, compared to the current age 35 limit for 2-room Flexi BTOs.
- Increase Flat Supply:
- Build more flats based on forecasted demand (e.g., marriage and birth rates), using unused state properties (e.g., former schools) to reduce waiting times.
- Millennial Apartments Scheme:
- Offer affordable, high-quality rental apartments in the CBD and mature estates for young couples/singles on 2-5 year leases, providing flexibility and reducing pressure to buy early.
Policy Area | Key Proposal | Intended Impact |
---|---|---|
AHS | Exclude land cost for owner-occupied flats | Affordable housing, protect retirement savings |
Singles | Lower age to 28 for BTO/resale flats | Meet young Singaporeans’ housing needs |
Supply | Build ahead of demand, repurpose properties | Reduce waiting times |
Rentals | Millennial Apartments Scheme | Flexible housing for youth |
3. Jobs and Wages
With foreign workers comprising 39% of the workforce, the PSP aims to prioritize Singaporeans while ensuring fair competition and better work-life balance, addressing overwork (90% work beyond official hours) and wage stagnation.
- Minimum Living Wage:
- Set a $2,250/month minimum wage ($1,800 take-home after CPF), based on 2019 Minimum Income Standard, to ensure dignity and reduce reliance on subsidies.
- Foreign Worker Policies:
- Strengthen the Fair Consideration Framework (FCF) by extending job ad periods, requiring more ads, and proving no suitable Singaporean candidate.
- Introduce per-company EP quotas, with higher quotas for SMEs, to balance global talent access and local priority.
- Impose a $1,200/month EP levy to offset employers’ CPF savings on foreign workers.
- Raise EP minimum qualifying salary to $10,000/month (from $5,600-$10,700).
- Limit single-nationality work pass holders per company to prevent workplace enclaves.
- Worker Protections:
- Exempt retrenched employees from non-compete clauses to ease job transitions.
- Mandate statutory retrenchment benefits (2 weeks’ salary per year of service for 2+ years’ service), exempting small or bankrupt firms.
- Parental Leave:
- Equalize parental leave at 15 weeks per parent (4 weeks maternity/paternity, 22 weeks shared equally), promoting shared parenting responsibilities.
- Family-Friendly Employers:
- Offer incentives like higher foreign worker quotas to employers supporting parental leave.
Policy Area | Key Proposal | Intended Impact |
---|---|---|
Wages | $2,250/month minimum wage | Ensure dignified living |
Foreign Workers | EP quotas, levy, higher salary threshold | Prioritize Singaporeans |
Protections | No non-compete for retrenched, statutory benefits | Enhance job security |
Leave | Equal 15-week parental leave | Promote gender equity |
4. Social Safety Net
The PSP seeks to simplify and strengthen social support, reducing reliance on complex schemes and supporting caregivers, seniors, and healthcare needs.
- Redundancy Insurance:
- Introduce a scheme paying 75% of the last-drawn salary for 6 months (capped at $3,750/month), funded by 0.5% monthly contributions from employers/employees.
- Caregiver Support:
- Provide a $1,250/month allowance (including CPF) for full-time caregivers of children under 7, costing up to $2.5 billion annually, replacing childcare subsidies.
- Silver Support Scheme:
- Double payouts to $430-$2,160/quarter ($144-$720/month), based on flat type and income, for seniors with low retirement savings.
- Pioneer and Merdeka Funds:
- Publish projected investment income and ensure full utilization of funds ($5.52 billion for PG, $5.55 billion for MG as of March 2024).
- CPF Lifetime Retirement Investment Scheme (LRIS):
- Implement LRIS, allowing investment in low-fee, diversified funds (6-10% annual returns over 5 years, per US 401(k) data), boosting retirement savings.
- MediSave Expansion:
- Increase MediSave500/700 withdrawal limits ($500/$700 annually for outpatient care) and cover preventive dental treatments, maternity fees, and egg freezing.
- Fertility Support:
- Offer 75% co-funding for unlimited ART cycles for women under 40 (until 2 children), and 3 fresh/3 frozen cycles for ages 40-45.
- Mental Health:
- Increase MediSave withdrawal limits for mental health treatments (e.g., schizophrenia, depression), regulate counsellors, and reduce public hospital waiting times (47 days for psychiatrists, 36 for psychologists in 2023).
Policy Area | Key Proposal | Intended Impact |
---|---|---|
Redundancy | 75% salary for 6 months | Financial security for unemployed |
Caregivers | $1,250/month for child caregivers | Support unpaid contributions |
Seniors | Double Silver Support payouts | Dignified retirement |
Healthcare | Expand MediSave, fund ART | Reduce out-of-pocket costs |
5. Education
Despite Singapore’s top PISA 2022 rankings, the PSP critiques over-reliance on tuition ($104.80/month household expenditure in 2023) and high-stakes exams, which foster fear of failure (2018 PISA). The system should offer diverse pathways and equal opportunities.
- Through-Train Programme:
- Pilot a 10-year programme (Primary 1 to Secondary 4) with optional PSLE, emphasizing holistic curricula (arts, humanities, sports) and flexible assessments.
- School Size Diversity:
- Maintain a range of school sizes, avoiding mergers to preserve heritage and support diverse needs (e.g., neurodivergent students).
- Assessment Reform:
- Reduce reliance on summative exams, using portfolios and projects to foster critical thinking, collaboration, and creativity.
- Smaller Class Sizes:
- Lower class sizes (from 33.6 primary, 32.6 secondary in 2023) by re-employing older teachers as Flexi-Adjuncts and using technology to reduce administrative burdens.
- Mental Health Support:
- Conduct annual mental health assessments for students, increase school counsellors to 2 per school (from 1 in two-thirds of schools), and monitor teacher burnout.
- International Students:
- Limit scholarships/tuition grants for international students (10% of AU undergrads, $238 million in 2019), prioritizing full-fee payers to subsidize locals.
- University Access:
- Review AU places for Singaporeans, especially in Medicine, and expand vocational pathways (e.g., WSQ qualifications) for university admission.
Policy Area | Key Proposal | Intended Impact |
---|---|---|
Curriculum | Optional PSLE, holistic focus | Reduce exam stress, broaden skills |
Schools | Diverse sizes, smaller classes | Meet varied student needs |
Mental Health | Annual assessments, more counsellors | Support student/teacher well-being |
Access | Limit foreign grants, expand vocational paths | Prioritize Singaporeans, diversify entry |
6. Governance
The PSP addresses concerns over the PAP’s parliamentary dominance, lack of checks and balances, and recent policy missteps (e.g., Covid-19 dormitory outbreaks, SimplyGo reversal). It seeks to enhance transparency and accountability.
- Ministerial Salaries:
- Benchmark salaries to median Singaporean income (not top 1,000 earners) to reflect public service ethos.
- Asset Declarations:
- Require MPs to publicly declare assets post-election in a Register of Interests, following Commonwealth practices (e.g., UK, Australia).
- Sovereign Wealth Funds:
- Hold closed-door parliamentary hearings for Temasek and GIC, publish senior management salary ranges, and compare performance to global benchmarks.
- Freedom of Information:
- Enact a Freedom of Information Act, requiring government disclosure unless exemptions (e.g., national security) are justified in court.
- Automatically declassify documents after 25 years, unless restricted for security.
- Media Reform:
- Liberalize the Newspaper and Printing Presses Act, removing ministerial approval for management shares, and reduce online news content provider bonds ($50,000 to $20,000).
- Establish an independent press standards committee to handle complaints and enforce journalistic integrity, funded by Parliament.
- Fund local digital media start-ups to foster diversity, redirecting $900 million SPH Media Trust and $310 million MediaCorp grants.
- POFMA Reform:
- Vest POFMA powers in the judiciary, limiting use to deliberate falsehood campaigns to reduce chilling effects on free speech.
- Electoral Reforms:
- Abolish GRCs, replacing with minority NCMP schemes or a hybrid FPTP/proportional representation system with multi-racial candidate mandates.
- Reform electoral boundary reviews with transparent processes, fixed voter counts (30,000 ±10%), and bipartisan approval for major boundary changes.
- People’s Association (PA):
- Depoliticize PA by appointing neutral public servants as Grassroots Advisors, excluding MPs and political figures.
- Environmental Impact Assessments (EIAs):
- Mandate public EIAs for major developments, with 2-month feedback periods, evaluating biodiversity, ecosystems, and emissions.
- Voting Age:
- Lower voting age to 18, aligning with global norms and National Service obligations.
- Parliamentary Support:
- Create a Parliament Research Service (PRS) with seconded experts to support MPs’ policy research.
- Form bipartisan standing committees to scrutinize legislation over 2 months, with powers to subpoena witnesses and access PRS.
Policy Area | Key Proposal | Intended Impact |
---|---|---|
Transparency | FOIA, declassify documents, asset declarations | Enhance public access, trust |
Electoral System | Abolish GRCs, reform boundaries | Ensure fairer elections |
Media | Liberalize laws, independent committee | Foster diverse, quality journalism |
Governance | Depoliticize PA, non-partisan Speaker | Strengthen impartial institutions |
Conclusion
Launched ahead of the May 3, 2025, election, the PSP’s manifesto builds on parliamentary proposals since 2020, reflecting resident feedback and critiques of PAP policies.
The party emphasizes its role in holding the government accountable, citing past PAP responses (e.g., Pioneer Generation Package) to opposition gains.
Implementation challenges include fiscal costs (e.g., GST reduction, caregiver allowances) and political resistance to reforms like GRC abolition.
The PSP’s focus on affordability, housing, and governance aligns with public concerns, but success depends on electing at least 33 opposition MPs to block constitutional amendments.