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
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.
avatarBarcode
07-12
$OUEREIT(TS0U.SI)$  Kia ora Tiger traders. Diversifying My Portfolio with OUE Com Reit: A Winning Investment! I'm thrilled to announce my intention to invest in OUE Commercial Real Estate Investment Trust (SGX:TS0U), marking my second foray into the Singapore market as I diversify my portfolio. OUE Com Reit has demonstrated remarkable resilience and growth potential with its recent S$250 million green notes issuance, which was 3.2 times oversubscribed. This strategic move underscores investor confidence and enhances financial stability by increasing fixed-rate debt to 70.6%, effectively mitigating interest rate risks. With a robust portfolio of prime properties, including Hilton Singapore Orchard and OUE Bayfront, OUE Com Reit stands out a
$Straits Times Index(STI.SI)$   PCT: Why Asian Billionaires Choose Singapore? v10.0 : PCT = Pandas Coffee Talk. Me RickPANDA thinks why Billionaires choose Singapore? Basically infrastructure. Educations. And internet connectivity. 1. Infrastructure. Security in your infrastructures. Singaporeans migrate to Malaysia always come back. Reported need to give a lots of cigarettes daily. To get your car not scratched. In Singapore you can get a 100MillionSGD house to a 150SGD me estimated monthly rental 1Room flat. The rental 1Room flat is HDB for Singaporeans only. Singaporeans who migrate to Australia always come back. They say the nearest eat place is a restaurant 5Km from their home. In Singapore. It is just 10Mins walks to coffeeshop.
avatarkoolgal
02-25

Why Are The Super Rich Choosing Singapore?

šŸŒŸšŸŒŸšŸŒŸSingapore is like a magnet to the Super Rich as it is a oasis of peace, stability and offers a high standard of living.  Singapore is also a dynamic financial centre offering extensive wealth management services to the Super Rich as Singapore is home to $DBS GROUP HOLDINGS LTD(D05.SI)$  the Safest bank in Asia, as well as $OVERSEA-CHINESE BANKING CORP(O39.SI)$  and $UNITED OVERSEAS BANK LIMITED(U11.SI)$ . The Singapore Government have also given generous tax incentives for the Super Rich to establish their Family Offices.  To qualify a mi
Why Are The Super Rich Choosing Singapore?
avatarAqa
02-24
The Singapore governmentā€™s ā€˜Home Officeā€™ policy has motivated the rich foreigners to park their funds and buy real estate properties in Singapore.
avatarAqa
02-24
The Super Rich choising Singapire as the worldā€™s safest haven to park their money iis both good and bad news to the average Singaporeans. Singaporeā€™s political stability and the governmentā€™s friendly policy to let the Super Rich people set up Home Office in Singapore is the main motivation for the rich to invest in Singapore. Their investments move the price of Singaporeā€™s real estate up. Many Singaporeans feel they are now ā€˜richerā€™ because tge price of their property has appreciated greatly. But many Singaporeans also feel poorer because those planning to buy a property cannot catch up with the increase in price.
$Straits Times Index(STI.SI)$  Safe, low tax and rule of law. What isn't there to love about Singapore. Not to mention chicken ricešŸ¤¤
don't forget the chicken rice!!??
Its obvious that SG is a prime choice for investments as: 1. Its a stable economy 2. Corruption is low 3. More potential upside due to positive flywheel effect. On real estate prices, private property or commercial property prices are likely to trend up, with little effect on local HDB houses. What are your thoughts? [Grin]
free from political instability šŸ‡øšŸ‡¬
avatarTt1987
02-23
avatarYippie0
02-23
$Straits Times Index(STI.SI)$  Stable policital environment is the key!
Good buy
$Straits Times Index(STI.SI)$   In recent years, Singapore has emerged as a magnet for the super-rich, attracting an influx of high-net-worth individuals from around the world, especially from Asia. This trend has been underscored by notable figures like Chinese billionaire Jack Ma's wife, who recently made headlines by acquiring three prestigious shophouses in Singapore. One of the key drivers behind this surge in interest is Singapore's reputation as a global financial hub with a stable political climate and business-friendly environment. With its well-established legal system, efficient infrastructure, and favorable tax policies, Singapore offers an attractive proposition for those seeking to safeguard the
avatarCsboi
02-23
avatarKevin11
02-23
avatarJosC
02-23