Beyond mere possessions, we reveal the subtle hallmarks of the ultra-wealthy Singaporean, only recognisable by those in the know
What are the true hallmarks of a life steeped in luxury? In the heart of Asia’s financial hub—the latest Knight Frank Wealth Report shows our little red dot boasts the highest number of ultra-high net worth individuals in Southeast Asia—it’s a lifestyle defined by exclusive experiences and possessions.
Here in Singapore, despite being a city renowned for gleaming skyscrapers and opulent dining establishments, the truly affluent indulge in subtle displays of wealth that offer mere whispers of success. Perhaps due to the deep-rooted Asian cultural notions of modesty or simply to avoid being made targets (a valid concern when your net worth hovers north of SGD$30 million), you might be wondering if someone in your social circle is a secret crazy rich Asian.
Ready to enter the covert world of Singapore’s super-rich elite? We reveal the enigmatic indicators favoured by the wealthy to signify their privileged status, a lifestyle of exclusivity, and refined tastes—only identifiable by those also in the know.
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1. Luxury real estate
As every local surely knows by now, an enviable address in Singapore’s prime District 4 or 10 is a clear signifier of success. Both highly desirable areas are within striking distance of the city centre while remaining secluded enough for an air of exclusivity. Properties in these neighbourhoods are either of the luxury apartment or landed property variety, and where you can find the ultimate status symbol: a coveted Good Class Bungalow.