Singapore is the world\u2019s most expensive city for luxury spending for a fourth consecutive year, as prices on items such as watches and jewelry surge around the globe.<\/p>\n
Zurich climbed to second place, edging out London, while Monaco entered the top three for the first time since the survey began in 2020, according to an annual report by Swiss wealth manager Julius Baer Group. Hong Kong and London rounded out the top five.<\/p>\n
Zurich\u2019s three-place rise was propelled by the strengthening of the Swiss franc, supported by the country\u2019s reputation for stability and the currency\u2019s role as a \u201cstore of value\u201d in unpredictable times, the wealth manager said. Singapore\u2019s long-held top rank is driven by high prices of residential property and cars \u2014 the two categories with the heaviest weightings in the index \u2014 along with the strong Singapore dollar, it added. The index compares prices on a U.S. dollar basis.<\/p>\n","protected":false},"excerpt":{"rendered":"Singapore is the world\u2019s most expensive city for luxury spending for a fourth consecutive year, as prices on…\n","protected":false},"author":2,"featured_media":98672,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[6],"tags":[27896,28488,195,37104,17,22016,51],"class_list":["post-98671","post","type-post","status-publish","format-standard","has-post-thumbnail","category-zurich","tag-cities","tag-luxury-goods","tag-singapore","tag-surveys","tag-switzerland","tag-wealth","tag-zurich"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ch\/116876685220943831","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/98671","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=98671"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/98671\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/98672"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=98671"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=98671"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=98671"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}