Chitchat Ah Tiong made first city of millionaires

[winnipegjets]

http://www.cbc.ca/news/canada/british-columbia/vancouver-millionaires-1.3749581

 

[mojito]

They are 10 years late. Singapore is already city of millionaires thanks to PAP, HDB and not forgetting FTs!

 

[eatshitndie]

aiyah, back on august 11, sj or sillycon valley already achieved that title.

http://abc7news.com/realestate/sj-first-us-city-where-median-home-price-reaches-over-$1m-/1466472/

 

[frenchbriefs]

who gives a fuck?are the streets paved with gold and there be stairways to heaven?cause i live in millionaire city and i still dont get shit.

 

[Boliao]

They are 10 years late. Singapore is already city of millionaires thanks to PAP, HDB and not forgetting FTs!

Net household income.

 

[mojito]

Net household income.

Silly man lah you! A millionaire is someone with one million dollars. Net worth, not net income lah! Property prices go up up up, you flip a few times you net worth double every 3 years. So many minted millionaires in SG. Dun believe you ask you private banking friends?

 

[Boliao]

Silly man lah you! A millionaire is someone with one million dollars. Net worth, not net income lah! Property prices go up up up, you flip a few times you net worth double every 3 years. So many minted millionaires in SG. Dun believe you ask you private banking friends?

Vancouver's millionaires are based on Net Worth. Based on 2015 data, Singapore's net household income just cross $1.1m (excluding the top 8%).