--- title: "2025 Election Aftermath: Economic Priorities and Generational Divide in Singaporeans' Financial Outlook" description: Join The Financial Coconut for insights on personal finance, investing, and wealth-building strategies. Start your path to financial literacy today! image: https://cdn.i-scmp.com/sites/default/files/styles/1020x680/public/d8/images/canvas/2025/05/04/bbbc5fd9-55c6-4492-a8f8-baf34c20a16b_bd213816.jpg?itok=g6vtE2ey&v=1746368146 --- [Skip to content](https://www.thefinancialcoconut.com/blog/2025-election-aftermath-sentiment#main-content) [![Full_COlour](https://www.thefinancialcoconut.com/hs-fs/hubfs/Full_COlour.png?width=456&height=80&name=Full_COlour.png)](https://www.thefinancialcoconut.com/) - [Retirement Marketspace](https://retirementmarketspace.thefinancialcoconut.com/) - [Events](https://www.thefinancialcoconut.com/events) Show submenu for Events - [For Investors](https://tfcmysterymeetup.com/) - [For Business Owners & Creators](https://ipcreatorunite.peatix.com/) - [For Salaried Workers](https://www.thefinancialcoconut.com/thought-leadership-series) - [TFC Events](https://www.thefinancialcoconut.com/events) - [Shows](https://www.thefinancialcoconut.com/tfc-shows) Show submenu for Shows - [Wise and Shine](https://www.thefinancialcoconut.com/wise-and-shine) - [The Business Show](https://www.thefinancialcoconut.com/tfc-business-show) - [Chills with TFC](https://www.thefinancialcoconut.com/chills-with-tfc) - [Blog](https://www.thefinancialcoconut.com/blog) Show submenu for Blog - [Work Smart](https://www.thefinancialcoconut.com/worksmart) - [Invest](https://www.thefinancialcoconut.com/invest) - [Retire Well](https://www.thefinancialcoconut.com/retire-well) - [Business](https://www.thefinancialcoconut.com/business) Open main navigation Close main navigation - [Retirement Marketspace](https://retirementmarketspace.thefinancialcoconut.com/) - [Events](https://www.thefinancialcoconut.com/events) Show submenu for Events - [For Investors](https://tfcmysterymeetup.com/) - [For Business Owners & Creators](https://ipcreatorunite.peatix.com/) - [For Salaried Workers](https://www.thefinancialcoconut.com/thought-leadership-series) - [TFC Events](https://www.thefinancialcoconut.com/events) - [Shows](https://www.thefinancialcoconut.com/tfc-shows) Show submenu for Shows - [Wise and Shine](https://www.thefinancialcoconut.com/wise-and-shine) - [The Business Show](https://www.thefinancialcoconut.com/tfc-business-show) - [Chills with TFC](https://www.thefinancialcoconut.com/chills-with-tfc) - [Blog](https://www.thefinancialcoconut.com/blog) Show submenu for Blog - [Work Smart](https://www.thefinancialcoconut.com/worksmart) - [Invest](https://www.thefinancialcoconut.com/invest) - [Retire Well](https://www.thefinancialcoconut.com/retire-well) - [Business](https://www.thefinancialcoconut.com/business) - [Contact us](https://www.thefinancialcoconut.com/contact-us) [Contact us](https://www.thefinancialcoconut.com/contact-us) May 16, 2025, 3:32:08 PM # 2025 Election Aftermath: Economic Priorities and Generational Divide in Singaporeans' Financial Outlook ![Picture of The Financial Coconut](https://www.thefinancialcoconut.com/hs-fs/hubfs/Square%20(2)-3.png?width=50&name=Square%20(2)-3.png) [The Financial Coconut](https://www.thefinancialcoconut.com/blog/author/the-financial-coconut) Share: [facebook-f icon](http://www.facebook.com/share.php?u=https://www.thefinancialcoconut.com/blog/2025-election-aftermath-sentiment) [linkedin-in icon](http://www.linkedin.com/shareArticle?mini=true&url=https://www.thefinancialcoconut.com/blog/2025-election-aftermath-sentiment) [envelope icon](mailto:?body=https://www.thefinancialcoconut.com/blog/2025-election-aftermath-sentiment) [Share this page](https://twitter.com/intent/tweet?url=https://www.thefinancialcoconut.com/blog/2025-election-aftermath-sentiment) [![Follow The Financial Coconut](https://no-cache.hubspot.com/cta/default/46975693/interactive-182431637553.png)](https://cta-service-cms2.hubspot.com/web-interactives/public/v1/track/redirect?encryptedPayload=AVxigLL2CjCe42iR2RH2MpVX0Ej%2BKJQ%2F3A0Z7pXnUs35To%2Bo6nbKcpBVq9I98X5NUungVEwfs5YCKuM%2FaP97VxIITkTlihT57%2F%2F4XDW9rT3VR4MatSLDi%2BMU5mbQqihfX3LRRz83ij8K19OiD8UXy8sdct4t0Q%3D%3D&webInteractiveContentId=182431637553&portalId=46975693)   Singapore's 2025 General Election has concluded with a mixed bag of reactions from citizens across different age groups, revealing important insights about financial priorities and concerns that could shape economic policies in the coming years. ![Singapore election: what's to blame for the opposition's failure to make inroads? | South China Morning Post](https://cdn.i-scmp.com/sites/default/files/styles/1020x680/public/d8/images/canvas/2025/05/04/bbbc5fd9-55c6-4492-a8f8-baf34c20a16b_bd213816.jpg?itok=g6vtE2ey&v=1746368146) ## The Generational Gap in Post-Election Optimism According to recent YouGov data, while 56% of Singaporeans overall express satisfaction with the election outcome, a striking generational divide emerges when examining the numbers more closely. Baby Boomers lead in satisfaction at 62%, while only 47% of Gen Z voters approve of the results. More telling is the difference in financial optimism: a mere 37% of Gen Z respondents feel positive about Singapore's future under the new government, compared to 50% of Millennials and 56% of Baby Boomers. This generational divide in economic confidence could signal challenging times ahead for policymakers attempting to balance the needs of different demographic groups. ![Why Singapore's Gen Z voters are less satisfied with the election results | South China Morning Post](https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2025/05/15/01c98c82-3b9c-4003-8e43-9bfbc6a2f976_7e69bbea.jpg) ## Financial Concerns Dominate Voter Priorities The cost of living stands out as the overwhelming concern for Singaporeans across all demographics, with 65% identifying it as the top issue requiring government attention. Housing affordability follows at 29%, with healthcare and economic stability tied at approximately 25%. This focus on financial issues was also evident in voters' assessment of how well their chosen parties addressed key concerns: - 48% of voters felt their party effectively addressed cost of living issues - 27% were satisfied with their party's approach to housing affordability - 25% approved of how their party handled the Goods & Services Tax Interestingly, opposition party voters reported higher satisfaction with their parties' handling of these economic issues compared to PAP voters, who were more focused on broader economic stability. ![Singapore's opposition hopes to make major gains as election campaign begins - GZERO Media](https://www.gzeromedia.com/media-library/less-than-p-greater-than-workers-party-wp-supporters-wave-party-flags-as-they-cheer-their-candidates-at-the-nomination-center-ahead-of-the-general-election-in-singapore-on-april-23-2025-less-than-p-greater-than.jpg?id=60028487) ## Voting Patterns and Economic Track Records The data reveals that 41% of survey respondents voted for the People's Action Party (PAP), while 9% supported the Workers' Party (WP). A substantial 36% chose not to disclose their vote. For 40% of voters, a party's track record was the primary influence on their decision. This factor was particularly significant for PAP voters, with 52% citing it as their main consideration. By contrast, Progress Singapore Party (PSP) voters were more swayed by party manifestos (38%), while Singapore Democratic Party (SDP) supporters prioritised candidate personality and character (54%). ![Tough' Singapore election expected for non-Lee leader](https://s.france24.com/media/display/b389fe30-19d3-11f0-918d-005056bfb2b6/w:1280/p:16x9/9e4e602cfd7bfde5c7443d902084a0cf932b8cf4.jpg) ## Financial Outlook and Policy Expectations The clear emphasis on cost of living, housing affordability, and economic stability suggests that Singaporeans expect concrete financial relief from the newly elected government. PAP voters, who make up the largest group of disclosed votes, particularly expect continued focus on economic growth alongside addressing other major concerns. This concentration on financial wellbeing across age groups, but especially among younger Singaporeans, indicates that the government will need to develop targeted economic policies to address the specific concerns of different generations, particularly as Gen Z shows significantly less optimism about their financial future under the current leadership. ![Singapore's Lawrence Wong flags Malaysian election influence attempt ahead of polls | South China Morning Post](https://cdn.i-scmp.com/sites/default/files/styles/1020x680/public/d8/images/canvas/2025/04/28/936e9eb3-3f67-4611-b8c4-83e318ff9f07_ef473929.jpg?itok=eBvejDqN&v=1745819345) ## What This Means for Your Finances For The Financial Coconut readers, this post-election landscape suggests: 1. Cost of living relief measures will likely be a government priority, potentially through subsidies, tax adjustments, or other financial support mechanisms 2. Housing affordability initiatives may see renewed focus, which could impact property markets and mortgage policies 3. The current generational divide in economic confidence could influence how different age groups approach financial planning, investment, and retirement strategies 4. The GST, as a significant concern for voters, may see policy adjustments or compensation packages to offset its impact As the new government takes shape, Singaporeans would be wise to monitor policy developments in these key areas and adjust their financial strategies accordingly. *YouGov interviewed 1,533 Singaporean citizens aged 21 years and above between May 4-9, 2025, with an effective margin of error of 3.099%. The sample was representative of the population by age, gender, ethnicity, and electorate.* Let us know what you think about this topic, and what do you want to hear next. You can now be our community contributor and make a [pitch ](https://thefinancialcoconut.com/contact/)to have your favourite personality be on our show. Join our [community group](https://linkin.bio/thefinancialcoconut/?fbclid=PAZXh0bgNhZW0CMTEAAaY2-JSYItZawSUnNP4YhAicLp0H2wXwx8EBmQgbzOJrjA6YRiPWXtFDSH4_aem_t1DMRY5jrSAapreaSX9ntw) and drop us your insights on this topic.   ### Stay ahead in your financial journey! 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