I am not surprised that my Singapore is ranked as the most expensive city in the world with New York. Actually, we in Singapore  enjoy a very high. The  standard of living with high imcomes for those working and huge savings for those  who have retired. We do feel the pinxh of the rising coat but we are able to cope with this as the government does provide relief measures for the not so well off. Peopeety prices are high and citizens can make good use of their property or properties they own to generate good renyal incomes. The compulsory national savings scheme known as CPF or Central Provident Fund has made it easy for citizens to own their firstt home and profit from it down the road. This is a "vicious circle" in the good sense so much so that Singapore now has a majority of its pwople in the middle income group. Of Singaporeans do grumble at the high cost of livinh but in reality, most are comfortable living here.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment11

  • Top
  • Latest
  • HLPA
    ·2022-12-05
    Singaporeans, what do you think?
    Reply
    Report
  • HelenJanet
    ·2022-12-03
    Thanks for sharing 👍👍
    Reply
    Report
  • ZarNaing
    ·2022-12-02
    buvububu
    Reply
    Report
  • ekwee75
    ·2022-12-05
    [Happy]
    Reply
    Report
  • SR050321
    ·2022-12-04
    Lovely 🇸🇬
    Reply
    Report
  • JD222
    ·2022-12-02
    Ok
    Reply
    Report
  • soun_garden
    ·2022-12-02
    Ok
    Reply
    Report
  • hihivi
    ·2022-12-02
    O
    Reply
    Report
  • AN_T
    ·2022-12-02
    Ok
    Reply
    Report
  • xavjy
    ·2022-12-02
    ok
    Reply
    Report
  • heximania
    ·2022-12-02
    ok
    Reply
    Report