City Wellness in an Island Metropolis
Singapore remains a safe haven and ranks sixth in the City Wealth Index as a choice location for UHNWIs to live, invest and do business in.
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The index identifies cities that are increasingly focused on the quality of life they offer, so as to attract entrepreneurs and skilled employees from around the world, as well as to encourage companies to grow and succeed. Singapore was the only Asian metropolis featured (Exhibit 3) on a list filled by nine other nations that were predominantly European.
Together with insights from the World Cities Culture Forum, the percentage of public green spaces, parks and gardens in Singapore recorded a high of 47%, coming in second to the capital of Norway, Oslo, where 68% of public spaces in the city comprise parks and gardens.
How Singapore Fares in Wealth Rankings
When ranked globally on the top 10 locations of choice for ultra-high-net-worth individuals (UHNWIs) to live, invest and do business in, Singapore emerged sixth in the City Wealth Index (Exhibit 5) on a list of popular hotspots that includes New York, London, Paris, Hong Kong, Los Angeles, Chicago, Beijing, Madrid and Washington.
The island nation of Singapore has been cited by Asians and North Americans as one of the top 5 places they are most likely to invest in properties. The UK and US continue to be the top two spots for investment destinations of choice.
