1 in 6 Singapore households are millionaires: Report

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1 in 6 Singapore households are millionaires: Report

Postby Daddy D » Fri Jun 01, 2012 9:41 pm

http://www.straitstimes.com/BreakingNew ... 05889.html

Singapore leads the world in terms of the proportion of households classed as millionaires after the ranks of the wealth swelled again last year.
A new study found that households with investable assets of US$1 million (S$1.24 million) or more jumped 14 per cent more to 188,000 last year.
That means 17.1 per cent of households - more than one in six - are millionaires.
The findings come from management consultancy Boston Consulting Group (BCG) in its Global Wealth Report 2012.
In 2010, 165,000 households were classed as millionaires.


Who feels like a millionaire now? :?

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Re: 1 in 6 Singapore households are millionaires: Report

Postby verykiasu2010 » Fri Jun 01, 2012 9:42 pm

Daddy D wrote:http://www.straitstimes.com/BreakingNews/Singapore/Story/STIStory_805889.html

Singapore leads the world in terms of the proportion of households classed as millionaires after the ranks of the wealth swelled again last year.
A new study found that households with investable assets of US$1 million (S$1.24 million) or more jumped 14 per cent more to 188,000 last year.
That means 17.1 per cent of households - more than one in six - are millionaires.
The findings come from management consultancy Boston Consulting Group (BCG) in its Global Wealth Report 2012.
In 2010, 165,000 households were classed as millionaires.


Who feels like a millionaire now? :?


in rupiah, in rupees, in renminbi, in lira, yes
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Re: 1 in 6 Singapore households are millionaires: Report

Postby daisyt » Fri Jun 01, 2012 9:59 pm

Not my family, never did, not now and don't think future. And out of the friends and relatives I have, never witness one too. The accuracy of this finding :?

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Re: 1 in 6 Singapore households are millionaires: Report

Postby Bedokid » Fri Jun 01, 2012 10:00 pm

I am no millionaire but got millionhairs..... :mad: :mad: :mad:

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Re: 1 in 6 Singapore households are millionaires: Report

Postby verykiasu2010 » Fri Jun 01, 2012 10:01 pm

Bedokid wrote:I am no millionaire but got millionhairs..... :mad: :mad: :mad:


sure or not ? may be botak we oso don't know .........

ok ok, joke joke only
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Re: 1 in 6 Singapore households are millionaires: Report

Postby pinky » Fri Jun 01, 2012 10:33 pm

maybe they thought our HDB flat is worth a million each?? :evil:

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Re: 1 in 6 Singapore households are millionaires: Report

Postby concern2 » Fri Jun 01, 2012 10:33 pm

:idea: Wow, one in six...so there must be many millionaires writing on kiasuparents hor.. :laugh:

One in 6....pinky is not, verykiasu2010 is not, daisy is not, Daddy D is not, I am not, that makes 5 of us already - maybe Chief is one :laugh: :duck:

If chief is not, then one of the other 5 must be lying... :scared: someone would be lying here...a spy.. :nunchuk: a spy who is a millionaire... :siam:

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Re: 1 in 6 Singapore households are millionaires: Report

Postby dorisp » Fri Jun 01, 2012 10:44 pm

So far there are six forumers participating in this thread so one of you must be a millionaire..... :evil:

Sorry I am no. 7th so got to take another queue. :wink:

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Re: 1 in 6 Singapore households are millionaires: Report

Postby concern2 » Fri Jun 01, 2012 10:45 pm

pinky wrote:maybe they thought our HDB flat is worth a million each?? :evil:


Cannot be lah, mine won't be worth a million even if I sell it today. Half a million, possibly, but I will only be half a millionaire who has no roof above my head..

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Re: 1 in 6 Singapore households are millionaires: Report

Postby pinky » Fri Jun 01, 2012 10:49 pm

concern2 wrote:
pinky wrote:maybe they thought our HDB flat is worth a million each?? :evil:


Cannot be lah, mine won't be worth a million even if I sell it today. Half a million, possibly, but I will only be half a millionaire who has no roof above my head..


I remember a minister mentioned we are millionaires because our HDB flat+CPF+savings easily hit $1M wor....

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