Living cost key issue in Singapore elections

Singapore's national election on May 3 will serve as the first electoral test for Prime Minister Lawrence Wong and the fourth-generation leadership of the ruling People's Action Party.

Voters head to the polls as the city-state grapples with domestic and external challenges — from rising cost of living in one of the world's most expensive cities to geopolitical uncertainties that threaten its open economy.

Analysts said the PAP, in power since Singapore's independence in 1965, could be "under pressure" to win the popular vote, despite the country's "first-past-the-post" system to elect its parliament.