What do rich people in Singapore buy?

Singapore is very small, with a land area of 728.6 square kilometers, which is about one ninth of that of China and Shanghai. Not as big as Pudong, but as big as a county in China, so it is also called "broken county".

Moreover, Singapore has a high degree of urbanization, and there are no distinct slums and rich areas like Europe and America. However, due to the short time since the founding of the People's Republic of China and the different development time in different regions, there are differences between mature towns and emerging towns. Reflected in housing, there are high-quality houses, residential land, luxury apartments, public apartments, group houses and other different types of housing.

Let's sort out the types of houses here. Where the rich people in Singapore live is not entirely accurate, but it is similar.

1. Local rich people.

Corresponding to the distribution area of residential buildings (villas) with land in Singapore, the local rich mainly live in the east coast, Bukit Tima, Bishan-Hongmao Bridge, Luonongquan-Shilonggang area. Among these four areas, the Bukit Ma Zhi area is the most prominent. Many political and business celebrities and dignitaries live in this area, and heavily guarded luxury houses can be seen everywhere. It is also close to the Singapore Botanical Garden, the first UNESCO World Cultural Heritage in Singapore, and the highest point in Singapore, Bukit Mashan, which combines talents and natural aura. In addition, the area is also home to famous schools and many well-known primary and secondary schools, so it is also a top school district. Singapore's top real estate, the first-class bungalow, is also located in this area.

The East Coast is also the favorite place for many elderly Singaporeans to live. Because although Singapore is an island country, beaches are not rich, even artificial beaches are needed, but the east coast is the largest beach leisure park with the longest development time. Therefore, many locals who like the sea view will choose to buy villas in this area and enjoy a leisurely life.

Compared with the first two areas, the villa prices in Bishan-Hongmaoqiao and Luosiquan-Shilonggang areas will be more close to the people, ranging from 4 million to 7 million. Moreover, these two places have more convenient life, convenient transportation, close to the city center and rich supporting facilities, which are the choices of many new immigrants.

2. Rich people abroad.

Rich foreigners can't buy villas in Singapore, but only villas and apartments on Sentosa Island. Therefore, foreign rich people mainly live in Sentosa Island, Orchard Road, Embassy District and CBD business district. Of course, due to the high stamp duty of foreign buyers, many foreign rich people may choose to rent houses, big flat floors of luxury apartments or high-quality villas, and even many choose to rent traditional black and white houses in Singapore instead of buying them.