But how Singapore's political system will ultimately evolve will depend on the electorate, they added.
Senior Minister of State Janil Puthucheary, Aljunied GRC MP Gerald Giam and Non-Constituency MP Hazel Poa were discussing what politics in Singapore will be like in 2030 at the Singapore Perspectives 2021 conference yesterday.
Dr Janil, who is with the ministries of Communications and Information, and Health, said whether Singapore ends up with a multi-party or two-party system that sees parties coming and going as if through a revolving door, as has happened around the world, will be decided by Singaporeans.
He was responding to former Nominated MP and actress Janice Koh, who had asked if the People's Action Party (PAP) still believes that a two-party system is not feasible, now that the Workers' Party (WP) has made more headway in the 2020 General Election by winning 10 parliamentary seats.