Resolution criteria:

This market will resolve to the political party that secures the most votes in Punggol Group Representation Constituency (GRC) during Singapore's General Election on May 3, 2025. If no party wins a majority, the market will resolve to the party that forms the government in Punggol GRC. In the event of a tie or coalition, the market will resolve to the party leading the coalition.

Background:

Punggol GRC is a newly established four-member constituency formed by merging parts of the former Pasir Ris-Punggol GRC with Punggol West Single Member Constituency (SMC). This change reflects the area's significant population growth and development. (straitstimes.com)

The People's Action Party (PAP) has historically dominated Singapore's political landscape, governing since the nation's independence in 1965. In the 2020 General Election, PAP secured 83 out of 93 seats. (reuters.com)

The Workers' Party (WP) is the main opposition party, holding 10 seats after the 2020 elections. WP has been active in Punggol, with members engaging residents and preparing for the upcoming election. (asiaone.com)

Given Punggol's youthful demographic and rapid development, the contest between PAP and WP in this GRC is anticipated to be particularly competitive. (tnp.sg)