To The Moon

Thanks to the report from businesstimes.com on 9 NOV. 2023Read more >>Official News From Tiger BrokerTIGER Brokers (Singapore) $Tiger Brokers(TIGR)$ has pipped the competition to bag the Best Retail Broker Award at the Securities Investors Association (Singapore)'s SIAS Investors’ Choice Awards, marking its first win in this category. The online brokerage firm was a runner-up for the same award category last year.The SIAS Investors’ Choice Awards, which recognises excellence in companies and individuals adopting

Singapore is now the world’s freest economy, displacing Hong Kong after 53 years.Singapore is ranked 1st out of 39 countries in the Asia–Pacific region, and its overall score remains significantly higher than the world and regional averages.According to the annual Economic Freedom 2023 Annual Report showed that Singapore's economic freedom score is 83.9, Hong Kong was replaced by Singapore by 0.01 points.However, this is the first time since 1996, when the report was released, that Hong Kong fell from the top spot.It is said that Hong Kong and Singapore are both the "miracle of East Asia" and the "Four Asian Tigers", and their rise trajectories are highly similar.They have too many similarities: a shopping paradise, a Chinese world, a diverse and inclusive culture, a small area, and few re

Singapore is a beautiful place 🇸🇬

The resilience of Singapore's housing market, as evidenced by the recent surge in home sales despite cooling measures, points towards a promising future for property prices. The government's efforts to curtail the market have had limited impact, indicating a strong underlying demand that continues to drive growth. While other global financial hubs grapple with slumping sales due to rising borrowing costs and inflation, Singapore stands out as a beacon of stability. The government's measures, including increased stamp duties for foreign and second homebuyers, aimed to maintain affordability but have not deterred local buyers, who have been the driving force behind the market's buoyancy. Christine Sun, Senior Vice President of Research and Analytics at OrangeTee & Tie, attributes the gro

The Pricey Paradise: A Humorous Guide to Surviving Singapore, the Wallet-Wincing Wonder [Sweats]  Singapore, the city of soaring skyscrapers, impeccable cleanliness, and a price tag that could give your bank account a heart attack. Yes, my friends, we're talking about the one and only, the reigning champion of expensive cities – Singapore! But fear not, for I am here to guide you through this wallet-draining wonderland with a touch of humor and a sprinkle of wit. So tighten those purse strings and get ready for a survival lesson like no other! 1. Embrace the Art of Couponing: In a city where every dollar counts, it's time to channel your inner coupon queen or king. Unleash your superpowers and hunt down those elusive discount codes, vouchers, and coupons like a ninja on a missi

Singapore is hiking property taxes, doubling the rate for foreigners to 60% and charging a 20% stamp duty for citizens buying a second homeReal estate stocks were the biggest losers in Singapore following the announcement of the new measures. $CITY DEVELOPMENTS LIMITED(C09.SI)$ -5.6%, $UOL GROUP LIMITED(U14.SI)$ -4.73%; $KEPPEL CORPORATION LIMITED(BN4.SI)$ -0.97%, $CapLand IntCom T(C38U.SI)$ -0.98% Both local and foreign buyers of residential properties will now have to pay higher additional buyers' stamp duties, with the biggest increase being the doubling of stamp duties for foreign buyers from 30% to 60%

Sad war cause supply chain issue that lead to inflation

🫰🫰🫰🫰🫰

Yes I am a Singaporean 

Huhhhhjjjjjjjjokekrktofkkg

Welcome to Singapore.Have a nice trip

👍

I'm not surprised since houses and cars are so expensive in Singapore. But cost of living really depends on lifestyle. A middle class person can choose not to have a car and ride the public bus or mrt; this isn't an option in many cities on that list. Middle class people in Singapore can also afford to eat out everyday, which would be an unimaginable luxury to most people living in the US, Europe and Australia. 

Expensive but worth it 🔥

Yes housing and mature estate city is expensive  Bto one 5 room is 550000 But senkang bto one 5 room is 300000 Or even singles one 2 room is 130000 before subsidised  $Straits Times Index(STI.SI)$  So we know  Say u take loan is ex cause 2.6% for hdb  If private at 1 million jialat 3.5% is 35000 a year 

Most expensive city In the world It is not really very surprising honestly that Singapore is considered the world's most expensive city. I mean just look at the prices of our cars. No one else in the world pays that much for private means of transport! Of course that is primarily due to the certificate of entitlement (COE) which is basically the right to own a private vehicle. This piece of paper is limited and given to the highest bidders. So it is essentially 'who is willing to pay gets to drive' system. Pretty smart on the government's part. Let the people outbid each other for what they want. The higher the bid the more they have to pay. Haha.  Other than cars, of course you have the pricesof properties which in honesty might not be the highest in the world if calculated in price

👋 

 

Good 

I love sg the best

Thanks to the report from businesstimes.com on 9 NOV. 2023Read more >>Official News From Tiger BrokerTIGER Brokers (Singapore) $Tiger Brokers(TIGR)$ has pipped the competition to bag the Best Retail Broker Award at the Securities Investors Association (Singapore)'s SIAS Investors’ Choice Awards, marking its first win in this category. The online brokerage firm was a runner-up for the same award category last year.The SIAS Investors’ Choice Awards, which recognises excellence in companies and individuals adopting

Singapore is now the world’s freest economy, displacing Hong Kong after 53 years.Singapore is ranked 1st out of 39 countries in the Asia–Pacific region, and its overall score remains significantly higher than the world and regional averages.According to the annual Economic Freedom 2023 Annual Report showed that Singapore's economic freedom score is 83.9, Hong Kong was replaced by Singapore by 0.01 points.However, this is the first time since 1996, when the report was released, that Hong Kong fell from the top spot.It is said that Hong Kong and Singapore are both the "miracle of East Asia" and the "Four Asian Tigers", and their rise trajectories are highly similar.They have too many similarities: a shopping paradise, a Chinese world, a diverse and inclusive culture, a small area, and few re

Singapore is a beautiful place 🇸🇬

The Pricey Paradise: A Humorous Guide to Surviving Singapore, the Wallet-Wincing Wonder [Sweats]  Singapore, the city of soaring skyscrapers, impeccable cleanliness, and a price tag that could give your bank account a heart attack. Yes, my friends, we're talking about the one and only, the reigning champion of expensive cities – Singapore! But fear not, for I am here to guide you through this wallet-draining wonderland with a touch of humor and a sprinkle of wit. So tighten those purse strings and get ready for a survival lesson like no other! 1. Embrace the Art of Couponing: In a city where every dollar counts, it's time to channel your inner coupon queen or king. Unleash your superpowers and hunt down those elusive discount codes, vouchers, and coupons like a ninja on a missi

The resilience of Singapore's housing market, as evidenced by the recent surge in home sales despite cooling measures, points towards a promising future for property prices. The government's efforts to curtail the market have had limited impact, indicating a strong underlying demand that continues to drive growth. While other global financial hubs grapple with slumping sales due to rising borrowing costs and inflation, Singapore stands out as a beacon of stability. The government's measures, including increased stamp duties for foreign and second homebuyers, aimed to maintain affordability but have not deterred local buyers, who have been the driving force behind the market's buoyancy. Christine Sun, Senior Vice President of Research and Analytics at OrangeTee & Tie, attributes the gro

Singapore is hiking property taxes, doubling the rate for foreigners to 60% and charging a 20% stamp duty for citizens buying a second homeReal estate stocks were the biggest losers in Singapore following the announcement of the new measures. $CITY DEVELOPMENTS LIMITED(C09.SI)$ -5.6%, $UOL GROUP LIMITED(U14.SI)$ -4.73%; $KEPPEL CORPORATION LIMITED(BN4.SI)$ -0.97%, $CapLand IntCom T(C38U.SI)$ -0.98% Both local and foreign buyers of residential properties will now have to pay higher additional buyers' stamp duties, with the biggest increase being the doubling of stamp duties for foreign buyers from 30% to 60%

I ❤️ Singapore  Singapore maybe the most expensive city to live in, because of land scarce city, strong currency and liquors/cigarettes are expensive😅 and many more expensive things : ⚠️ property is expensive, so home and office rental cost is expensive, if buy mainly leasehold, foreigners can not buy freehold. Foreigner need to pay additional stamp duty. ⚠️ car is expensive, must bid COE which valid only for 10 years then u need to bid again. ⚠️ education is expensive for non citizens, without government subsidies, or company paid for the expat family, it will be very expensive unless have own business. ⚠️ as medical hub, medical fee is very expensive, unless companies have group insurance for panel clinics n private hospitals.  For expats

Did you know that Singapore has garnered a few "#1" labels worldwide over the years ?  Bet you didn't realize. Here are the most current : #1 Best road in the World (2022) World tallest indoor waterfall at Jewel Most expensive country to buy a car, in the world. #1 Maritime Capital in the world ranked by DNV GL #1 Most networked readiness country, Asia & Pacific (2022) Freest economy in Asia Pacific region in 2022, Index of Economic Freedom. Most Instagrammable placein the world (2022) by travel publication Big 7 on Tuesday (Jan 18). Best country in the World to do business (next 5 years), in EIU’s business environment rankings (BERs) Followings were past "glories" : Singapore's former #1s Of course, not forgetting "#1 - most expensive city in the world from 2015 to 20

🇸🇬 Singaporeans were 🫣 NOT SURPRISED [Spurting]  by the 🇺🇸 U.S. Economist Intelligence Unit's survey conclusion that 🇸🇬 Singapore again 👆🏻tops the 🌏 World's Most 💰💰💰💰💰Expensive Cities to live in. This is the eighth time in ten years that Singapore topped the list.  The biannual survey, conducted between 16 Augus and 16 September this year, compared more than 400 individual prices of more than 200 products andservices in 172 cities. It concluded that supply chain disruptions from China's zero-Covid policy and the Tussian-Ukraine war were two key reasons for higher inflation of 8.1% this year.  EIU - the research and analysis division of the Economist Group, said that the survey has been designed to enable human resou

Singapore : My Country, My Home 🇸🇬❤️ I am proud to call the little red dot, Singapore,as my home not just now but for many many more years to come.  Besides being one of the safest countries globally, Singapore is also an open economy that imports heavily due to the lack of natural resources. For example, Singapore had to import over 90% of its food. As a result, Singapore is also subjected to the inflationary pressures just like the other countries.  The rise in prices of food and necessities is prevalent in Singapore, albeit it being less severe than the US and Europe region. Singaporeans are fortunate that our competent government has established a diversified food supply chain to ensure a robust and sustainable prices as well as qu

Singapore has once again been ranked as the most expensive city to live in, sharing the top spot with New York City this year, according to the Economist Intelligence Unit (EIU).  This is the eighth time in 10 years that Singapore topped the list. Both Singapore and New York City knocked last year's leader, Tel Aviv, down to third place thanks to higher inflation and stronger currencies, the EIU reported in its new Worldwide Cost of Living survey of 172 cities. According to the survey, the average price of goods in local currency terms surged by 8.1% this year, citing a poll that the firm conducted between Aug. 16 and Sept. 16. That's up from the 3.5% rise in prices reported by the EIU's 2021 survey. Supply chain disruptions from China's zero-Covid policy and the Russia

The Economist Intelligence Unit (EIU) released its global cost of living rankings for 2022 on November 30, with New York and Singapore together topping as the world's most expensive cities. This is the eighth time in 10 years that Singapore topped the list. The survey was conducted in August and September of this year, compared more than 400 individual prices for more than 200 products and services in 172 cities around the world. The cost of living in 172 major cities around the world has soared by an average of 8.1% over the past year, driven by factors such as the Russia-Ukraine conflict. I am not surprised that Singapore topping the list for the 8th time. I can feel the rising living cost in Singapore. Singapore's living cost has been increasing, it is because Singapore is a small

🏆 Singapore the most expensive city is a compliment? 💐💐💐 Seems Singapore residents those who global mindset is more financial savvy and financial fit from the survey by HSBC. I take this as a compliment, as expensive city, Singapore is very advance in financial, even Tiger broker and many other online brokers open offices in Singapore so Singapore residents can have easy access to global stock market, but why ? Singapore residents is only few millions compare to other Asian country can be few hundred millions of residents.., i hope not because of Singapore people are easier to get influence but due to a better understanding lead to a better investment decision of individuals. 😍 Alice Fok, head of customer, international and marketing, HSBC Bank Singapore says:

It is no surprise that Singapore tops 2022 World Most Expensive City this year accordingto EIU (Economist Intelligence Unit).  Supplychain disruption due to China's zero Covid policy and Russia-Ukraine war had driven theworld's inflation by and large.  Singapore being a premier world investment hub has the most expensive car ownership price due to government's strict control in car number.  Heavy duty is also imposed in alcohol and tobacco.   It is indeed the most expensive city for foreigners to live in.  However, for the local residents, we have our own way of surviving.  The public transport is easily accessible, affordable and convenient.  Car ownership is therefore not a strict necessity.   Most of us could also do witho

👑👑👑Even though Singapore is the most expensive city in the world next to New York, I am so grateful that I am living here and not in New York. Here in Singapore, we are very fortunate to have a high standard of living.  It is safe and we have a strong and stable government with good infrastructure and amenities.  Singapore is a place where most of us own our very own homes, bring up our children and establish a good career. Singapore's inflation has grown at the fastest pace in more than 13 years.  This is due to higher prices of food, services, lodging, vehicles and everything across the board.  Singapore is indeed one of the most expensive places in the world to own a car.  A small car can set us back easily by almost SGD 200,000.  Fuel prices have shot

Most expensive city In the world It is not really very surprising honestly that Singapore is considered the world's most expensive city. I mean just look at the prices of our cars. No one else in the world pays that much for private means of transport! Of course that is primarily due to the certificate of entitlement (COE) which is basically the right to own a private vehicle. This piece of paper is limited and given to the highest bidders. So it is essentially 'who is willing to pay gets to drive' system. Pretty smart on the government's part. Let the people outbid each other for what they want. The higher the bid the more they have to pay. Haha.  Other than cars, of course you have the pricesof properties which in honesty might not be the highest in the world if calculated in price

I'm not surprised that Singapore is listed as the most expensive city to live in. This can be attributed to our limited resources especially in terms of land which leads to a higher cost of living.  Singapore is a capitalist society and operates an open economic system which encourages free trade. While this has brought prosperity to the nation, it has also created several harmful consequences such as a high cost of living. People who are well educated and who come from a rich background tend to benefit the most, while the poor tend to suffer from income inequality. Rich people are able to spend lavishly on property and other assets, creating bubbles which the middle and lower income population are unable to afford. As a result, we see fewer and fewer people buying houses, cars a

The Economist Intelligence Unit (EIU) released its global cost of living rankings for 2022 on November 30, with New York and Singapore together topping as the world's most expensive cities.This is the eighth time in 10 years that Singapore topped the list.The top 10 most expensive and least expensive cities Data from EIUDamascus of Syria and Tripoli of Libya have the lowest cost of living in the world.Detail: The survey, conducted in August and September of this year, compared more than 400 individual prices for more than 200 products and services in 172 cities around the world.Result: The cost of living in 172 major cities around the world has soared by an average of 8.1% over the past year, driven by factors such as the Russia-U

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 ma

The ETF products under the mutual listing of ETFs between China and Singapore are here! On December 2, the official website of the China Securities Regulatory Commission showed that the "Southern Fund CSOP Galaxy CIMB FTSE Asia Pacific Low Carbon Selected ETF (QDII)" product declared by Southern Asset Management was approved. Exchange (hereinafter referred to as "SGX") listed, CSOP cooperated with Southern Fund, Ping An Fund cooperated with Singapore UOB Asset Management, launched China-Singapore ETF mutual listing products on Shenzhen Stock Exchange and Singapore Exchange respectively, which will provide China and Singapore investors more diversified investment options.