Marina Bay in Singapore, on Jan. 28, 2021.
Photographer: Lauryn Ishak/BloombergThe Big Take
The Super Rich Are Choosing Singapore as the World’s Safest Haven
- Wealthy immigrants extend stays in city with low virus rate
- New arrivals drive up Bentley car sales, real estate prices
When Singaporean car dealer Keith Oh first read the Facebook message, he wasn’t sure it was real. A Chinese client ordered a S$1.1 million ($830,000) Bentley—sight unseen—over the social network.
“They just asked for the price and when we could do the delivery, that’s all,” he said. “It’s a million dollars to us but it’s probably nothing to them.”