S'pore ranks 5th 'most prosperous', 8th 'most livable' & 10th 'most lovable' city

Singapore ranked fifth for "World Best Cities", according to a new report compiled by marketing consultancy Resonance in collaboration with market research company Ipsos.

Aside from Tokyo, which ranks fourth, no other cities from Asia are among the top 10.

The report breaks down their rating into three criteria – livability, lovability and prosperity – to assess over 270 cities worldwide.

Singapore scored fifth for prosperity, eighth for livability and tenth for lovability.

"Emerging from its origins as a free-spirited trading port, Singapore has undergone a remarkable transformation to emerge as one of Asia’s most modern, well-organised and captivating urban centres. With dining and shopping to match," the report stated.

"Livability"

According to the report, "livability" refers to the perceived quality of a city's natural and built environments. This includes how much of an urban area is dedicated to green space, how bike-friendly its streets are and how many quality parks, sights, neighbourhoods and landmarks are recommended online by locals and visitors.

Key socioeconomic factors were also looked at, such as the affordability of monthly rent and the cost of living.

The report highlighted that Singapore scored well in the "biking" category.

Projects like the Great Southern Waterfront and NS Square have also been cited in the report and lauded as a plan to develop vibrant community spaces, bolstering Singapore’s "already impressive" livability.

"Lovability"

Lovability refers to a place's vibrancy and quality in terms of culture, dining and nightlife compared to other cities, according to the report.

Singapore ranks 12th globally for shopping and 19th in the restaurants category.

It described the "glitzy malls“ of Orchard Road as "teeming with haute couture and international brands" and that the "iconic 24-hour Mustafa Centre, selling everything from electronics to spices, retail is both a daily habit and an art form".

For dining, it described Singapore's culinary diversity, from hawker centres renowned for "Michelin-starred street food" to "upscale dining establishments serving dishes like spicy white pepper crab".

"Prosperity"

The report describes "prosperity" as human capital, innovation ecosystem, business infrastructure and quality of regional universities and technical colleges.

Singapore places in the 5th for the GDP per capita subcategory. The report also describes Singapore as a key technology hub in Southeast Asia, attracting notable investment from global tech giants.

The report also notes Singapore's expansion of Changi Aviation Park, development of Changi East Industrial Zone, and the upcoming mega port in Tuas, which are testaments to Singapore's strategic positioning and focus on logistical efficiency and forward-thinking urban planning.

The country's efforts in pursuing sustainable living were also mentioned, pointing towards plans for more green areas, smart urban districts and developments.

You can find the full report here.

Top photo via Unsplash