Lim Tean challenges claim on family offices’ low impact on Singapore’s property market and inequality

Lim Tean, Leader of the Peoples Voice, disputes Minister of State (MOS) for Trade and Industry Alvin Tan’s claim that family offices have not impacted Singapore’s private property market or contributed to inequality. Mr Lim accuses the government of creating a playground for the ultra-rich, driving talented Singaporeans away due to rising rental and property prices, and questions the MOS’ statements on the impact of foreign funds on the economy.