If you think Singapore property prices have caught up with Hong Kong, you are wrong. Looks like Singapore property prices are still lower especially on the luxury segment according to the latest Savills report. For the suburbs, it could be very close. Well, not an official report but just derived that from chit chats with my Hong Kong friends.
Where do you think has the most number of billionaires in Asia? If you think China or Singapore, you are wrong. It is Hong Kong. Hong Kong has more than 2.5 times number of billionaires than Singapore and 2.2 times that of China.
This is what i have always been waiting for, the average income in Singapore published by the Straits Times. As suspected, the income level in Singapore is really high. We might have one of the highest earning middle class at $8,378. I suppose this is only considering single income. If you consider dual income per family, then it is even higher. So which percentile are you at?
Singapore is again the 2nd most competitive economy this year just behind Switzerland according to World Economy forum (WEF). Factors includes infrastructure, health, education and technological readiness. Here's the top ten:
1. Switzerland
2. Singapore
3. United states
4. Finland
5. Germany
6. Japan
7. Hong Kong
8. The Netherlands
9. Britain
10. Sweden
There are only three Asian countries in the top ten.
Singapore is the 4th most livable city in Asia, just behind Osaka, Tokyo and Hong Kong. This ranking takes into consideration on things like stability, health care, culture and environment, education and infrastructure. Then I am puzzled why Singapore is behind Hong Kong. Anyway, globally it is ranked 52. Not something to be very proud of. Melbourne is top again and this is fourth year in a row. Four Australian cities made it to the top 10. This looks very attractive to those who are planning to migrate there. Well, you may welcome that idea but they probably don't welcome you. Don't like what you hear but this is the sad reality if you are of Asian decent. I have seen so many of my friends just sticking among fellow Asians in Australia, UK, etc. So those with a hong kong accent tend to have hong kong accent despite staying in a western country. That's because they tend to mix with the same ethnic type. Not many has successfully integrate in those communities.
If you are planning to change your aging car or to buy your dream car, hold your horses! This is because more COEs will be available when more cars are disgregistered. This is because cars bought between 2004 and 2008 are reaching end of their 10 year lifespan. This is the period where the most number of COEs were available back then. Trend will continue until 2018. It may dip below $60,000 by next year and $45,000 in the next 3 years. This is according to the transport management expert Park Byung Joon. Well, let's see if he's right.
This is definitely true for me. Recent article from the press says that Singapore is the 3rd most sleep deprived city, just behind Tokyo and Seoul. We sleep on average of 6 hours 32 minutes. What is the main reason? It is probably because of our long working hours, kids, etc. You can only find time after you tug the kids to bed so it eats into your sleeping time. Well, for me i am simply a night owl since young.
