22 Sep '14, 12am

S'pore is 8th on best-performing Asian cities list, Singapore Property News,

SINGAPORE has become the only developed economy to make it onto the Milken Institute's top 10 list of Asia's Best-Performing Cities, coming in at eighth place. This index of 24 cities in the region - the institute's first - is based on economic measures such as the growth of jobs, incomes and high value-added industries such as manufacturing and financial services. China had a particularly strong showing, with six of its cities in the top 10. Shenzhen took pole position, followed by Guangzhou, Chengdu and Tianjin, which rounded out the top four. Beijing came in seventh, and Shanghai took 10th place. In a list populated by cities in China, Vietnam and India , Singapore's inclusion was a "remarkable accomplishment", according to the report, given how most of the metrics used tend to reward fast-growing cities. The country did particularly well in the 2012-2013 job growth met...

Full article: http://www.stproperty.sg/articles-property/singapore-prop...

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