Ultra-rich property investors drawn to Singapore

It takes fifth spot in Knight Frank report; third-most favoured by Asian investors

Singapore scored particularly well on the lifestyle component, where it ranked third highest alongside Chicago, and after New York and San Francisco.
Singapore scored particularly well on the lifestyle component, where it ranked third highest alongside Chicago, and after New York and San Francisco.ST PHOTO: LIM YAOHUI

Singapore remains a favoured destination for property investments among the world's ultra wealthy, taking fifth spot in a global ranking published in The Wealth Report 2018 by Knight Frank.

It was the third-most favoured country for Asian investors, after Britain and the United States.

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A version of this article appeared in the print edition of The Straits Times on March 08, 2018, with the headline 'Ultra-rich property investors drawn to S'pore'. Subscribe