Poll: Big earners travel widely

SINGAPORE'S well-to-do have some of the region's fattest wallets. They are avid travellers, hold multiple credit cards and have a taste for designer watches. 

But a sluggish economy has also made them more reluctant to spend, according to a seven-city survey released by Nielsen Media Research on Monday. 

With an average annual income of US$41,000 (RM155,800), Singapore's big earners trail only Hong Kong's, it found. 

Its Asian Target Market Survey, conducted every two to three years, tracks the lifestyles of the top 10% of income earners in Bangkok, Hong Kong, Jakarta, Kuala Lumpur, Manila, Singapore and Taipei. 

Of 10,500 people interviewed between May and August, 1,500 were Singaporeans.  

They are representative of the estimated 419,000 people earning at least S$3,000 (RM6,600) a month, the company said. 

The survey found that typically, better-off Singaporeans are widely travelled.  

Nearly two-thirds had visited Asia-Pacific destinations in the preceding 12 months.  

Close to a fifth travelled even farther afield.  

On average, the 1,500 Singaporeans surveyed took five short-haul and three long-haul trips. – The Straits Times/ Asia News Network  

The Straits Times via Asia News Network

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3

Next In Regional

Thwarted – e-hailing driver's bid to smuggle illegal who misses her husband past a roadblock
Malayan Cement buys YTL's cement biz for RM5.16b
Fuel prices unchanged from May 13 to 19
US DOJ remits RM1.9bil in seized monies to Malaysia
Meet China’s elderly influencers cashing in on the Internet
TikTok begins testing in-app shopping to challenge Facebook
Nutrition expert wins award for nourishing millions worldwide with fish
A 1,100-year-old poem cost Meituan’s outspoken CEO US$2.5bil
Indian PM Modi to skip G7 meet in Britain due to COVID-19 crisis
Thai court grants bail to two protest leaders in jail for royal insults

Stories You'll Enjoy