SINGAPORE -- Singapore for the first time became the most expensive city for goods and services for wealthy people, overtaking Hong Kong, London and New York, according to a report on Tuesday. Cars and essential health insurance in Singapore are 133% and 109% more expensive than the global average, among 12 consumer goods and eight services that reflect the spending patterns of high-net-worth individuals, according to Julius Baer's Global Wealth and Lifestyle report this year. The politically stable and tax-friendly city-state was one of the first Asian cities to significantly ease pandemic restrictions, and has started to see an influx of wealth. ...Keep on reading: Singapore tops list of costliest cities for goods, services aimed at the wealthy