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?

avatarKymie
2024-11-14
$Singtel(Z74.SI)$  With a substantial SGD1.19 billion and a robust EBITA growth of up to 27% amounting to S$738 million, the company demonstrated remarkable financial performance. The previous years gain is due to the issurance of shares (an one of event) by Telkomsel to intergrate Indihome. so it's not really a decrease in net profit it's just a one-time giving of shares. Thus, the current year's lower growth rate isn't necessarily due to a drop in performance but rather the absence of that previous one-time gain. The interim approved dividend is 7.0 cents per share for this quarter report The second dividend of 8.9 cents per share will be paid on December 9, 2024.
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