Can an Ordinary Person Live in Singapore in 2023?

The bottom line: no. Singapore’s policies are designed for the wealthy, not the general public. The goal is to attract investment, not create opportunities for ordinary people—because it’s the rich who fund the country’s development, not everyday residents.

How expensive is life? A central apartment runs 26,000 RMB per month, with some rents now hitting 36,000 RMB (annual rent increases around 15%). Inflation hovers near 6%, meaning living costs rise at least that much each year. Property purchase taxes range from 9% to 34%, and average living expenses are 1.5–2 times higher than in Beijing, Shanghai, Guangzhou, or Shenzhen. To put it simply: a fast-food meal that costs 35 RMB in Guangzhou would set you back about 70 RMB in Singapore. In reality, a bowl of Malatang runs 150 RMB, and taxi fares start at 60 RMB.

"The Southern Seas Exodus": Those Who Can't Afford Rent or Food Are Fleeing Singapore