Quality of life is often used as shorthand for how good you feel about your life. There are formal procedures for calculating this measure, which includes factors such as economic, social, physical, political and spiritual well-being. Singapore may be the smallest country in Southeast Asia but it has emerged as one of the best places to live in Asia with a very high measure of quality of life.

According to global HR consultancy Mercer, Singapore is the best city in Asia in terms of quality of life. Singapore is also considered the “happiest country in Southeast Asia” according to the World Happiness Report 2018 . The study also revealed that in Singapore, family is the most important unit and despite materialistic goals, family and community always come first. This in turn helps to build a contented and happy society.

Factors affecting quality of life:

Fundamental rights

Certain fundamental rights are enshrined in the Constitution, such as freedom of religion, freedom of expression, and equality. These individual rights are not absolute, but are limited by public interests such as the maintenance of public order, morality, and national security. In addition to the general protection of racial and religious minorities, the special position of the Malays, as the indigenous people of Singapore, is enshrined in the constitution.

The Constitution contains express provisions describing the powers and functions of the various organs of the State, including the Legislature (Section 5), the Executive (Section 6) and the Judiciary (Section 7).

Political and social environment

Singapore is known for its stable political climate. Although it is considered centralist and authoritarian, the political culture is pragmatic, rational and based on the rule of law. The government’s primary goal is the survival and prosperity of the small nation. This often means making unpopular but tough and wise decisions in the interest of the nation. The government believes in being proactive and thinking for the future.

According to Singapore’s founding father Lee Kuan Yew, Singapore has been able to attract about 9000 multinational companies because it offers first world conditions in a third world region. Good governance means having a good system that ensures the survival of the country so that the citizens have a secure life.

Housing 

Housing in Singapore falls into two main categories – public HDB flats (built by the Housing Development Board) and private condominiums/landed properties. The choice of flat purely depends on budget, location, facilities/amenities, transport and personal preferences.

Many expats prefer to live in condominiums and often choose to live near their workplace or their children’s schools. Condominiums are mid-rise to high-rise buildings with stylish exteriors and interiors, 24-hour security, swimming pool, gym, tennis courts, barbecue areas and covered parking. Rent for a three-bedroom condo near the CBD can cost between S$7,100 and S$15,200, while units outside the CBD can cost between S$3,200 and S$6,000. HDB flats, where 90% of Singaporeans live, are a cheaper option. However, they do not have the luxurious amenities like swimming pools or gyms. However, they are often located near shopping malls, food courts/restaurants/hawker centres, a library, supermarkets, clinics and sports/leisure facilities. Expats from India, China and Malaysia often find HDB flats a viable and convenient option.

Singaporean usually prefer to get another private property for investment.  One particular condo is called name. The price of the condo cost between $800,000 to $1,700,000

Singapore is currently in a sweet spot, our policies and politics have worked constructively together and the formula has delivered for us. Not just for one term, but for the long haul.

It is a unique position we are in and by international standards it is not at all “normal”, in fact it is highly abnormal. If we ever lose it and become “normal” like every other country where divisive politics run rampant and politics swings with the political wind from one end to the other, we will have lost a valuable competitive advantage and it will be very difficult for us to ever become special again.

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