Singaporeans say air-con, overseas holidays and dining out are most essentials for them in expensive city-state


Photo from The Straits Times/ANN

SINGAPORE (Bloomberg): A majority of Singaporeans say that having smartphones, being able to dine out regularly, and flipping on the air-conditioning are all must-haves for living in the tropical, humid and expensive city-state.

Digital connectivity was listed among the essentials, while vacations, dining out, and staying cool all ranked highly as well, according to a study by the Singapore Management University and the Institute of Policy Studies.

Among the findings from the university survey, which was based on 4,000 participants: 64% said air-conditioning was essential; 62% needed to go to a restaurant at least once a month; and more than half required a trip to a Southeast Asian country every year.

More than nine in 10 listed a smartphone. In a country with one of the highest home-ownership rates in the world, 96% listed owning your own home as a basic essential.

The results come as a new prime minister, Lawrence Wong, needs to address rising living costs, a rapidly-aging population, and sticky inflation in preparation for an upcoming election. In 2020, the ruling People’s Action Party’s electoral performance was its worst in terms of the number of parliamentary seats won since the country’s founding, while remaining dominant.

About two-thirds of those surveyed expected the government to pay for the basic necessities of those who couldn’t afford them, and more than half also thought that the authorities should help residents with items related to health care, childcare, and public transport.

Almost 88% said regular preventive health screening was an essential.

-- ©2024 Bloomberg L.P.

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