‘Too high a cost’: Singaporeans say parenthood isn’t worth it despite years of cash incentives

‘Too high a cost’: Singaporeans say parenthood isn’t worth it despite years of cash incentives


The figure, released during a Feb. 26 parliamentary debate, means every 100 Singaporeans today would produce just 44 children and 19 grandchildren at current rates, Deputy Prime Minister Gan Kim Yong warned, according to CNA.

The decline has been swift. A decade ago the total fertility rate stood at 1.24. Now, with only about 27,500 resident births recorded in 2025, the lowest in the country’s history, and one in five citizens already aged 65 or older, Gan called the situation an “existential challenge” that would become practically impossible to reverse as the pool of women of childbearing age shrinks.

But for many young Singaporeans, the problem is not a lack of government support. It is that no amount of support feels adequate against the real costs of raising a child in one of the world’s most competitive societies.

Market researcher Joey Lau, 34, told This Week in Asia that even if she were a millionaire with unlimited free time, she would still not want children. The risks young people face today, from social media-driven mental health pressures to climate change, are simply too high, she said.

“That would be too high a cost for this kid to pay just so I can feel like I am doing something with my life.”





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