Singapore Named World's Most Expensive City for Luxury Spending for Fourth Year in a Row Singapore has retained its position as the world's most expensive city for luxury spending, according to the Swiss wealth manager Julius Baer Group.
For the fourth consecutive year, the city state has topped Julius Baer's Lifestyle Index, which compares prices on a US dollar basis across 25 cities worldwide.
The strengthening of the Singapore dollar and high property prices are key drivers behind the city state's top spot.