Why is the cost of living in Singapore high?

Yes, Singapore is the most expensive city in the world, so natural residents are also the richest. Immigrating to Singapore requires more than RMB 6,543,800+million. There are two kinds of real estate in Singapore. One is government-owned apartments, which are built by the government and rented for sale. A 65,438+000-square-meter government-owned apartment in the suburbs needs about 2.5 million RMB, and the urban area needs 4-4.5 million RMB, and it is only available to Singapore citizens. Private houses are more expensive, and foreigners have to pay high taxes if they buy them. If you buy a car in Singapore, you need to pay an extra tax of 140%, and there is a tariff of 3 1% on imported cars. It costs about 300,000-500,000 RMB to buy a car license every ten years, and it costs about RMB to pay a toll when walking during rush hours, which means that office workers have to pay a toll of about RMB in 40 yuan when driving to and from work every day. But the price in Singapore is not high, a little cheaper than that in China.