It is home to 244,800 resident millionaires.Singapore ranks behind New York City, The Bay Area, and Tokyo.
In its 2024 World’s Wealthiest Cities report, Henley & Partners said Singapore saw a 64% increase in millionaires over the past two years, pushing its ranking by two places.In 2023 alone, about 3,400 high-net-worth individuals moved to Singapore....there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.3.
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Singapore-NZ partnership adds 'supply chains' focuspstrongThe partnership now has six pillars of collaboration./strong/p pSingapore and New Zealand are boosting their partnership to include negotiations on connecting supply chains. /p pSingapore Prime Minister Lee Hsien Loong announced this in a joint press conference with his counterpart a href="https://sbr.com.
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HDB 'on track' to launch 100,000 flats by 2025pstrongIt launched over 67,000 flats in February alone./strong/p pThe Housing and Development Board (HDB) launched over 67,000 flats in February and is on track to launch 100,000 flats from 2021 to 2025./p pIn 2024, HDB plans to launch 19,600 Build-To-Order (BTO) flats.
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Colliers forecasts slight compression in Singapore's cap ratespstrongOver the past three years, cap rates have remained relatively stable./strong/p pPrime cap rates in Singapore may compress slightly when interest rates decrease in the second half of the year, Colliers reported./p pColliers attributed this possibility to the “substantial amount of capital waiting to be deployed.
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Services sector key to Singapore's 2024 growthpstrongIn a href="https://sbr.com.sg/economy/news/economy-grows-faster-pace-in-1q24-advance-estimates"1Q24,/a all services-producing industries recorded YoY expansions./strong/p pExperts believe Singapore has arrived at “safe harbours” and will see further acceleration to its gross domestic product (GDP) in 1H24.
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Safe haven assets and equities draw Singapore investors' interestpstrongInvestors over 40 prefer Singapore stocks./strong/p pFacing uncertain markets, eight of ten Singapore investors lean towards a combination of safe haven assets and equities.
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Stagnant growth plagues Singapore's workspace marketpstrongDemand only grew 1% since 2019./strong/p pDemand for flexible workspace in Singapore has increased by only 1% since 2019, indicating a stagnant market.
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