Question:
Mr Cai Yinzhou: To ask the Coordinating Minister for National Security and Minister for Home Affairs whether the Ministry will consider commissioning a study to evaluate the costs saved from electrical fire prevention measures in HDB estates, such as costs saved from averted (i) property damage, (ii) healthcare costs and (iii) emergency response costs, to better inform the cost-effectiveness and justification of future regulatory policies.
Answer:
Mr K Shanmugam, Coordinating Minister for National Security and Minister for Home Affairs:
1. Singapore’s fire safety regulations are benchmarked to international standards and best practices, and we also take into account their cost-effectiveness. We thank the Member for his suggestion and will consider it.