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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

The Coast, a waterfront condominium on Sentosa island. Singapore is Asia's third most expensive city to secure a luxury property, with demand driven by foreigners, especially those from China, Malaysia and Indonesia, as is the case in Hong Kong and Shanghai.


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...

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