A S$52,188 monthly rental bid for a general practitioner clinic in a Tampines HDB estate has recently caught the attention of the public. In fact, Health Minister Ong Ye Kung took to social media to express his “dismay” by this news. Will high rents trickle down to patients?  

In a Facebook post, Mr Ong reassured Singaporeans that bids for future HDB GP clinics will be assessed using a model that focuses less on price, and more on quality of care.

So, what would that model look like? And, what kind of impact will we see on current bidding prices and property prices then?

On The Big Story, Hongbin Jeong spoke with Edward Ti, Associate Professor of Law & Urban Fellow at the Singapore Management University, and Consultant at WongPartnership to find out.

A S$52,188 monthly rental bid for a general practitioner clinic in a Tampines HDB estate has recently caught the attention of the public. In fact, Health Minister Ong Ye Kung took to social media to express his &ldquo;dismay&rdquo; by this news. Will high rents trickle down to patients?&nbsp;&nbsp;
In a Facebook post, Mr Ong reassured Singaporeans that bids for future HDB GP clinics will be assessed using a model that focuses less on price, and more on quality of care.
So, what would that model look like? And, what kind of impact will we see on current bidding prices and property prices then?
On The Big Story, Hongbin Jeong spoke with Edward Ti, Associate Professor of Law &amp; Urban Fellow at the Singapore Management University, and Consultant at WongPartnership to find out.

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Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

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