According to a global survey,
http://www.finfacts.com/costofliving.htm, Singapore is the 17th
most expensive city in the world in March 2006. In terms of Asian
cities, only Seoul (2nd), Tokyo (3rd), Hong Kong (4th), Osaka (6th)
and Beijing (14th) are more expensive than S'pore.
Now, why has this global survey (reported by BBC worldservice
extensively) not been picked up much by our media? What is more
interesting is that S'pore was only the 34th most expensive city in
the world in March 2005, and we have jumped ahead 17 places over 12
short months.
Maybe no one at the top wants to admit that life is getting not
only harder in S'pore, but getting harder MUCH faster than most can
cope...
