A new report ranks Shanghai top, followed by Singapore and Hong Kong as the region’s most expensive cities in which to live a luxury lifestyle. Photo: AP

Singapore overtakes Hong Kong as Asia’s second most expensive playground for the rich, after Shanghai

But high-end housing costs in Hong Kong still around five times the average for the region

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A new report ranks Shanghai top, followed by Singapore and Hong Kong as the region’s most expensive cities in which to live a luxury lifestyle. Photo: AP
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