Singapore United Party's 2025 Election Manifesto Proposes Limits on Resale Housing Prices and Expanded Flexibility for CPF Withdrawals
Singapore's Singapore United Party (SUP): Capping Flat Prices, Unshackling CPF, and Expanding Free Education and Healthcare
In a bold move, the Singapore United Party (SUP) has unveiled its manifesto, titled "Moving Forward, Together." Okay, let's dive into the sanctuary of political debates! This energetic newcomer on the local political scene is stirring up the pot with proposals on housing affordability, financial autonomy, retiree support, and youth education.
The key battle cry of the SUP echoes through three main zones: securing our welfare, forging an inclusive Singapore, and pursuing our aspirations. But what does that translate to in practical terms?
CPF & Housing
The SUP asserts that the current policies regarding the Central Provident Fund (CPF) hinder Singaporeans' financial freedom. They argue that seniors should be allowed to withdraw their CPF savings elsewhere, stating that the current system treats individuals like prisoners of their own retirement funds!
Seen as the golden goose for many Singaporeans, Housing Development Board (HDB) flats are transacted at staggering figures in the resale market, with some properties earning more than a cool million! To combat this, the SUP suggests that the government impose a strict price cap on resale HDB flats, thus thwarting the unfettered power of market forces and making housing a bit more affordable.
Education & the Young
Buckle up, folks—the SUP is proposing a completely free primary school education for every Singaporean child! Why, you may ask? To ensure a level playing field in education and alleviate the financial strains on lower-income families.
Now, onto something that irks the SUP: tertiary education. They are all about increasing placements for Singaporeans in universities and polytechnics, bettering the prospects of young dreams reaching their full potential. The SUP also pushes for mentorship initiatives in these institutions, aimed at providing aid, promoting academic excellence, and providing a conducive learning environment for all.
In keeping with their commitment to ease the burden on Singaporean families, SUP also advocates for free medical care for children aged 14 and under. A wise investment, they argue, as it will prove bountiful in the long run.
So, are you ready to join the SUP in this mission to bridge the gap between citizens and the government? Stay tuned as we navigate the winding road of politics and keep you informed on the latest political news. Let's march forward, together!
Additional Information
- The SUP's proposals to change the CPF structure aim to empower individuals, acknowledging that not everyone is adept at managing their funds the same way[1].
- The SUP's proposed cap on resale flat prices aims to check the escalating property values in the HDB market[1][2].
- The Singapore United Party (SUP) has introduced a manifesto titled "Moving Forward, Together," focusing on issues like housing affordability, financial autonomy, retiree support, and youth education.
- The SUP posits that current Central Provident Fund (CPF) policies restrict Singaporeans' financial freedom and argues for seniors to withdraw their CPF savings as they see fit.
- To make housing more affordable for Singaporeans, the SUP proposes a price cap on resale Housing Development Board (HDB) flats, thereby countering market forces.
- In an effort to level the playing field in education, the SUP supports free primary education for all Singaporean children and advocates for increasing Singaporean placements in universities and polytechnics.
- In line with their commitment to support families, the SUP also advocates for free medical care for children aged 14 and under, viewing this as a long-term investment.
