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Singapore is Asia's second most costly city for rich Asians: Julius Baer report

It is the most expensive place to buy a high-end car or to dine at a fancy restaurant

Published Tue, Dec 4, 2018 · 09:50 PM

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    Singapore

    BOOSTED by a stronger Singapore dollar and costlier luxury goods and services overall, the Republic is now Asia's second most expensive city for luxury living, up from third place last year.

    This finding came from private bank Julius Baer's latest wealth report, which tracks luxury spending by Asia's high-net-worth individuals, defined as those with net investable wealth of US$1 million or more, excluding the property that is their main residence.

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