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Are there many rich people in Singapore?
Singapore is rich and not many people, but the gap between the rich and the poor is not big. . The average person's income ranges from S $ 2000- 1000. Most Singaporeans spend 20-30% of their income every month to pay off their mortgage! Many Singaporeans feel short of money by the end of the month! Only when the elderly who have sold their houses or retired get back their decades-old provident fund from the state will they have some money (hundreds of thousands of Singapore dollars) (not even the rich in Singapore). .
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