{"id":132614,"date":"2019-03-14T18:13:00","date_gmt":"2019-03-14T11:13:00","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-home-to-most-real-estate-billionaires-in-southeast-asia\/"},"modified":"2022-12-11T02:55:03","modified_gmt":"2022-12-10T19:55:03","slug":"singapore-home-to-most-real-estate-billionaires-in-southeast-asia","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-home-to-most-real-estate-billionaires-in-southeast-asia\/","title":{"rendered":"Singapore home to most real estate billionaires in Southeast Asia"},"content":{"rendered":"


\nSingapore is home to the most number of billionaires who made their fortunes from real estate, according to the Hurun Global Real Estate Rich List 2019. The city-state has 10 property billionaires, ranking fourth place worldwide behind China, the US and UK. These billionaires have a combined net worth of USD26 billion. Philip Ng and Robert Ng, sons of real estate tycoon Ng Teng Fong, have a net worth of USD5.8 billion each, making them the richest property billionaires in the city. More:\u00a0Singapore property market still a picture of stability While Thailand only has two property billionaires, the kingdom is home to Tos Chirathivat, whose net worth of USD19 billion makes him the richest real estate billionaire in Southeast Asia, fifth worldwide.\u00a0 Chirathivat and family own Central Group, which develops shopping malls and department stores across Thailand. Central Group recently invested USD200 million in Singapore ride-hailing service Grab.\u00a0 Chirathivat won the award for Real Estate Personality of the Year at the 2014 PropertyGuru Thailand Property Awards.\u00a0 The Global Real Estate Rich List has 33 immigrant billionaires, led by Singapore with nine and the UK with eight. Singapore was home to an estimated 3,598 ultra high-net-worth individuals (UHNWI) last year, according to the latest Knight Frank Wealth Report tracking individuals with assets of USD30 million or more.
\n
\nSource : property-report.com
\nRead more…Singapore home to most real estate billionaires in Southeast Asia<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Singapore is home to the most number of billionaires who made their fortunes from real...<\/p>\n","protected":false},"author":1,"featured_media":0,"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-132614","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-yuW","jetpack-related-posts":[{"id":104729,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-moguls-top-singapores-richest-forbes\/","url_meta":{"origin":132614,"position":0},"title":"Property moguls top Singapore\u2019s richest: Forbes","date":"March 6, 2019","format":false,"excerpt":"\r Real estate tycoons Robert and Philip Ng who control Far East Organization lead the field with a net worth of US$12 billion. A total of 22 Singaporeans made it to Forbes magazine\u2019s list of billionaires for 2019, with real estate tycoons Robert and Philip Ng taking the lead with\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7936,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/yep-this-city-is-still-the-most-expensive-metropolis-in-the-world\/","url_meta":{"origin":132614,"position":1},"title":"Yep, this city is still the most expensive metropolis in the world","date":"March 14, 2016","format":false,"excerpt":"\r And its richest citizens are now \u201cpoorer\u201d Photo credit: OSLAN RAHMAN\/AFP\/Getty Images It\u2019s that time of the year again when the Economist Intelligence Unit (EIU) releases its Worldwide Cost of Living index, a list that compares individual prices of products, services and rental costs in 133 cities using New\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":132618,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-trumps-us-for-most-real-estate-billionaires-in-the-world\/","url_meta":{"origin":132614,"position":2},"title":"China trumps US for most real estate billionaires in the world","date":"March 14, 2019","format":false,"excerpt":"\r China is home to most of the world\u2019s property billionaires, eclipsing the populace of those in the UK and the US by a large margin, according to Global Real Estate Rich List by research platform Hurun Report. Around 139 real estate billionaires with a combined net worth of USD550\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":29925,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/7-things-we-learned-from-the-2016-richest-people-in-china-report\/","url_meta":{"origin":132614,"position":3},"title":"7 things we learned from the 2016 Richest People in China report","date":"October 14, 2016","format":false,"excerpt":"\r More billionaires in China than the US now Crossing the street in Shanghai, China\u2019s largest city. TonyV3112 \/ Shutterstock.com New names appeared side-by-side with veteran business magnates in the latest \u201cRichest People in China\u201d report released\u00a0Thursday by Shanghai-based luxury magazine publisher Hurun. A total of 2,056 individuals qualified in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8183,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/news-roundup-20022016-11032016\/","url_meta":{"origin":132614,"position":4},"title":"News Roundup (20\/02\/2016 \u2013 11\/03\/2016)","date":"March 11, 2016","format":false,"excerpt":"\r \u00a0 Our top Singapore and regional property stories. Wandervale\u2019s prices start from $655,000 for a 3-bedder Sim Lian Group has released prices for the 534-unit\u00a0Wandervale executive condominium\u00a0(EC) in Choa Chu Kang, the first major property launch this year. 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