{"id":113026,"date":"2019-12-12T12:51:30","date_gmt":"2019-12-12T05:51:30","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-is-the-7th-most-expensive-city-in-asia-for-expats-to-live-survey\/"},"modified":"2019-12-12T13:04:06","modified_gmt":"2019-12-12T06:04:06","slug":"singapore-is-the-7th-most-expensive-city-in-asia-for-expats-to-live-survey","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-is-the-7th-most-expensive-city-in-asia-for-expats-to-live-survey\/","title":{"rendered":"Singapore is the 7th most expensive city in Asia for expats to live: Survey"},"content":{"rendered":"


\nSingapore\u2019s rise is attributed to the strong Singapore Dollar.\u00a0\u00a0
\nSingapore is the seventh most expensive city in Asia for expats to live, and the 13th most expensive city globally, according to the latest\u00a0Cost of Living Survey by ECA International, reported Singapore Business Review.
\nThe city-state rose two spots and five spots globally compared to its 2018 standing, mainly due to the strength of the Singapore dollar.
\n\u201cDespite relatively low rates of low inflation and weakening global trade growth, Singapore has risen five places to be the 13th most expensive city in the world thanks to the continued strength of the Singapore dollar. Singapore is now more expensive for expatriates than Seoul and Shanghai,\u201d said Lee Quane, ECA International\u2019s regional director for Asia.
\nTurkmenistan\u2019s Ashgabat, Tokyo, Hong Kong, Nagoya, Osaka and Yokohama, are deemed more expensive than Singapore.\u00a0
\nPhoto: ECA International
\nAshgabat was ranked as the world\u2019s most expensive expat location. The city skyrocketed from 146th spot in 2017 due to high inflation as well as a black market currency rate that is far weaker than its official exchange rate. This made purchases especially expensive for expats in their home currency.
\nTokyo came in second, followed by three Swiss cities \u2013 namely Zurich, Geneva and Basel \u2013 while Hong Kong remained in sixth place.
\nWill the gloomy economic outlook affect Singapore\u2019s property market? Find out in our Property Market Outlook 2020 Report.\u00a0
\nLooking for a property in Singapore? Visit\u00a0PropertyGuru\u2019s\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.
\n\u00a0
\nVictor Kang, Digital Content Specialist at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0victorkang@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Singapore is the 7th most expensive city in Asia for expats to live: Survey<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Singapore\u2019s rise is attributed to the strong Singapore Dollar.\u00a0\u00a0 Singapore is the seventh most expensive...<\/p>\n","protected":false},"author":1,"featured_media":113027,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-113026","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2019\/12\/Singapore-7th-most-expensive-cities-in-the-world-for-expats.png?fit=600%2C257&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-tp0","jetpack-related-posts":[{"id":91282,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/spore-returns-to-top-20-list-of-most-expensive-cities-for-expats\/","url_meta":{"origin":113026,"position":0},"title":"S\u2019pore returns to top 20 list of most expensive cities for expats","date":"June 13, 2018","format":false,"excerpt":"\r Singapore has been ranked as the 20th most expensive city globally in the latest survey by ECA International. Singapore has once again returned to the top 20 list of most expensive cities for expats, reported Channel NewsAsia citing the latest survey by ECA International. The city-state was ranked 20th\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":57258,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/spore-drops-out-of-top-20-list-of-worlds-most-expensive-cities-for-expats\/","url_meta":{"origin":113026,"position":1},"title":"S'pore drops out of top 20 list of world\u2019s most expensive cities for expats","date":"June 8, 2017","format":false,"excerpt":"\r The weakening Singapore dollar has made the city-state less expensive for expatriates. Singapore has fallen out of the top 20 list of the most expensive cities in the world, moving six notches down from 18th place last year to 24th in this year\u2019s cost of living survey by ECA\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41969,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-falls-to-seventh-place-for-high-end-rentals\/","url_meta":{"origin":113026,"position":2},"title":"Singapore falls to seventh place for high-end rentals","date":"January 26, 2017","format":false,"excerpt":"\r Expats with lower housing budgets partly to blame Aerial view of Keppel Bay in Singapore Singapore emerged as the seventh most expensive destination in Asia for high-end rental accommodation this year, down from fourth place in 2016, reported the Business Times. Hong Kong retained its position as Asia\u2019s most\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":92598,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-is-worlds-fourth-most-expensive-city-for-expats-survey\/","url_meta":{"origin":113026,"position":3},"title":"Singapore is world\u2019s fourth most expensive city for expats: survey","date":"June 27, 2018","format":false,"excerpt":"\r The study measured the comparative cost of over 200 items globally, including food, housing and transportation. Singapore has emerged as the world\u2019s fourth most expensive city for expatriates, according to Mercer\u2019s annual cost of living survey. Hong Kong tops the Asia-dominated list, with Tokyo in second place, Seoul fifth,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104989,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/expat-rents-continue-to-drop-in-singapore\/","url_meta":{"origin":113026,"position":4},"title":"Expat rents continue to drop in Singapore","date":"March 14, 2019","format":false,"excerpt":"\r A new study shows that rental prices in Singapore are now on average US$500 cheaper per month than in 2016. Despite the continuous drop in rental prices for expatriates, Singapore remains in the top 10 most expensive locations for expatriate rents in Asia as it occupies eighth place, according\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":59056,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-listed-5th-costliest-city-for-expats\/","url_meta":{"origin":113026,"position":5},"title":"Singapore listed 5th costliest city for expats","date":"June 27, 2017","format":false,"excerpt":"\r \u00a0 Singapore has been ranked as the fifth most expensive city for expats in Mercer\u2019s annual Cost of Living Survey, reported Singapore Business Review. Emerging as the most expensive city in Asia, Hong Kong was surpassed by Luanda to take on the second place as a result of its\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/113026"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=113026"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/113026\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media\/113027"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=113026"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=113026"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=113026"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}