$Straits Times Index(STI.SI)$

$Straits Times Index(STI.SI)$ china consumer spending power is one of the lowest right now and recession is happening in china which implicated Hong Kong. Preciously Hong Kong is one of strong economic power that rivals Singapore. Is great Hong Kong gives up its positions and allow Singapore to take over its position.

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?

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