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24/7 Wall St.: Most Popular Cities for the Ultra-Rich

5. Singapore

- Estimated rank in 10 years: 5
- Avg. prime property price: $2,400/sq. ft. (13th most)
- Population: 4,836,691 (60th most)

Singapore is considered to have the second-highest quality of life. It ranks fifth-highest in economic activity, eighth-highest in knowledge and influence and eleventh-highest in political power. Singapore also is listed among the cities growing fastest in importance. The city currently has the largest GDP per capita in the world at $56,532 per person. It is expected to maintain this position through 2050. According to data from the Economist Intelligence Unit, Singapore is one of the most competitive cities in the world, along with New York and London.

(iStock Photo)

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The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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