Why The Super Rich Are Choosing Singapore?

Richest People in Asia Pouring Into Singapore. Chinese billionaire Jack Ma's Wife has acquired three so-called shophouses in Singapore. The prices for street houses in Singapore have soared to a record high of 5,500 Singapore dollars (approximately US$4,000) per square foot, twice the price of Fifth Avenue in Manhattan, the world's most expensive shopping street. ---------------------------------------------------------------------------- *Why are more and more wealthy people choosing Singapore? *What impact might this investment have on the local real estate market in Singapore?

avatarJosC
2024-02-22
avatarAungminsoe122
2024-02-22
avatarPlan R
2024-02-22
I love Singqpore
avatar0QH
2024-02-22
I think his wife should buy the whole street. Singapore is considered a safe haven, even if property prices dropped in future, land is still in high demand as compared to other Asian countries. so nothing surprising that they choose to park their money in property in Singapore. maybe if we walk past there often enough, can catch a glimpse of them. haha
avatarSalmon555
2024-02-22
avatarBunifa Latif
2024-02-22
Singapore is much safer than China when it comes to asset investment . Property prices here have been on a steady uptrend. I think it will boost consumer sentiment in the country.
avatarTanken
2024-02-22
since young been wanting to live in a shop house, but now prices have skyrocketed and seems like only the rich can afford... hope I huat big big someday to be able to live in one hahahah
$Straits Times Index(STI.SI)$ The openness of Doing business in SGP which can connect both China and western world like US and Europe. The money is safe and can easily mobilise to invest to the world.
avatarNdus
2024-02-22
$Straits Times Index(STI.SI)$  The super-rich are choosing to stay in Singapore for several reasons.  Firstly, the country offers a relatively low tax rate for high-income individuals and corporations, making it an attractive destination for those seeking to minimize their tax burden.  Secondly, Singapore is known for its political stability and strong rule of law, providing a safe and secure environment for individuals and businesses. Additionally, Singapore offers a high quality of life, with excellent healthcare, education, infrastructure, and a vibrant cultural scene. It is also a global financial and business hub with a well-developed financial sector, strong regulatory framework, and highly skilled workforce.  Moreover,
avatarNatJonGabs
2024-02-22
avatarpiscesjamz
2024-02-22
avatarKSR
2024-02-22
👍
avatarVonCat
2024-02-21
Singapore has many benefits. Low income tax, lack of wealth, and inheritance tax. No capital gains tax as well. Good healthcare, outstanding education opportunities, and pro business policy. Safe, low crime rate, without natural disaster, multicultural, and has a rich culinary diversity.
avatarLiverpoolRed
2024-02-21
Singapore is a logistic and financial hub for most of the companies in the world. It have a very stable government that manage the country very secure and safe. It is a multi-races country that the people can stay harmony together. Moreover Singapore is a very small country with limited landscape for housings. Therefore, the rich people still think it is worthwhile to invest in Singapore real estate as the land is scarce. Give me a like if you support me. @Ronald37 @Danielnkl @pfitz @馬雜役 @LMSunshine
avatarTheStrategist
2024-02-21
Whale
avatarCsboi
2024-02-21
1. Clean and educated government that follows the rule of law 2. Strategic shipping location that is the gateway of Asia where West meets the East 3. World class financial centre that allows capital to flow freely in and out 4. Technological hub with major US and China IT companies setting up regional HQs 5. Top universities in Asia providing quality education for their younger generations 6. Established medical institutions or hospitals that offers first world medical services for older generations
avatar鹹煎餅
2024-02-21
awesome
avatarRa007
2024-02-21
Singapore is a magnet for global capital (maybe not global talent any longer [Thinking]) due to safety, cleanliness, rule of the law, multi culturalism, modern infrastructure and much more
avatarRa007
2024-02-21
Good question
avatarMrzorro
2024-02-21
Singapore is one of the international financial centres in the world. Singapore is famous for its safety environment and strict law. I think that's the reason why the rich person wanna invest in Singapore. some more Singapore property prices also keep going up and rarely drop.
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