The Reform Party plans to set up a chain of nurseries in Punggol East if elected, candidate Kenneth Jeyaretnam told reporters on Saturday.

"We have got people with the expertise to run these," he said, adding that they would not be under the party logo.

Mr Jeyaretnam arrived at Rivervale Plaza at 10:30 on Saturday morning, shook hands with breakfasting residents at a food court, then took questions from the media.

He intends to give more details of his party's ideas, such as giving all citizens a stake in government investment bodies Temasek Holdings and Government of Singapore Investment Corporation, at a press conference this evening.

Mr Jeyaretnam is contesting with three other candidates from the People's Action Party (PAP), Workers' Party (WP) and the Singapore Democratic Alliance (SDA) in the single-seat ward. Voters are due to go to the polls on Jan 26.