RM30 million, memorial project
Lee Kuan Yew Photo: Wikipedia

Memorial project in Singapore whacked online for RM818 million cost

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Almost a billion ringgit to build a Founders’ Memorial for political figures in Singapore? Redditors, with many criticizing the expense as excessive and unnecessary, say late Lee Kuan Yew wouldn’t have wanted such a monument. On 5 June 2024, Senior Minister Lee Hsien Loong led the groundbreaking ceremony for the Founders’ Memorial at Bay East Garden.

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SM Lee highlighted the memorial’s purpose: “Our nation-building journey deserves to be commemorated and remembered.” A permit record from the Building and Construction Authority (BCA), released in March 2024, listed the price of the memorial at S$235,660,000. criticism on Reddit, with many questioning the allocation of taxpayer money. Comments included concerns such as, “Really waste of taxpayers’ hard-earned money to build another park! Why can’t they just rename Gardens by the Bay as Founders Park, they ask.

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