S’PORE SLIDES IN RANKING AS ONE OF WORLD'S MOST LIVEABLE CITIES

S’PORE SLIDES IN RANKING AS ONE OF WORLD'S MOST LIVEABLE CITIES

Nov 27, 2015


Singapore was ranked seventh in the Global Liveable Cities Index, collated by the Asia Competitiveness Institute (ACI) at the National University of Singapore’s (NUS) Lee Kuan Yew School of Public Policy, reported Channel NewsAsia.

A ranking of the most liveable cities in the world, the index determines liveability in five aspects — environmental friendliness and sustainability, economic vibrancy and competitiveness, domestic security and stability, political governance, and socio-cultural conditions. Switzerland’s Geneva and Zurich took the top spots in the list of 64 cities.

Singapore’s position is a drop from its number three ranking in 2012, due to a relatively weak showing in indicators like social equity and environmental sustainability. It performed strongly in domestic security and stability, economic vibrancy and competitiveness, and political governance. It was second in Asia, after Hong Kong, which was listed sixth overall.

The city-state beat Hong Kong in areas like political governance and domestic security and stability, but lagged in areas such as environmental friendliness and sustainability, as well as economic vibrancy and competitiveness.

“Our conditions from 2011 to 2013 were worsening, including income disparity. But since 2013, the government has come in to do a lot of public policy remedies, whether it’s solving public housing shortage, or higher prices in the property sector, and also opening up infrastructure bottlenecks,” shared Associate Professor Tan Khee Giap, co-director of ACI.

“But this kind of improvement probably will be reflected in our next update, because we don’t do this every year. So unfortunately, rankings because of data constraints have some lagging effect. That’s why our liveability index has deteriorated from three to seven.

“But that reflects the situation of Singapore between 2011 and 2013. I’m confident as we move forward, when we update again, Singapore’s liveability will improve again.”




Info courtesy  -  Propertyguru