Workers' Party hopes to raise S$1.5m to purchase a HQ
Updated 07:39 PM Jan 06, 2013
SINGAPORE - The opposition Workers' Party (WP) is hoping to raise S$1.5 million for the purchase of its own headquarters.
The party's secretary-general Low Thia Khiang and chairman Sylvia Lim said this at the party's first musical concert, titled "Brick in Blue".
Ms Lim said since the 2011 general election, the party has raised some S$500,000.
The money came from monthly contributions from its elected Members of Parliament, as well as private donations from friends and acquaintances.
The rest of the money, she said, will be raised through public donations.
Ms Lim said the S$1.5 million will be used for the down payment of the property, while the balance of the purchase price will be financed through a loan.
Speaking to reporters during the intermission of the musical, Mr Low said the party has yet to find a suitable property.
He said proceeds from the concert will go towards the party's building fund.
The party is currently renting an office along Syed Alwi Road. CHANNEL NEWSASIA