
Singapore overtakes Tokyo, bags top spot in Business of Cities ranking
It's the best performer in Asia-Pacific.
Singapore has overtaken Tokyo to become the top-ranked city in a report published by real estate firm JLL in partnership with The Business of Cities Group.
The Business of Cities study, which analyses over 200 globally recognised city performance studies, reveals that Singapore has overtaken Tokyo across six of the most robust indices to become Asia’s leader in higher education, mobility, science, broadband and technology.
The Business of Cities study ranks Singapore in third place worldwide, behind New York and London, and also names it the ‘number one’ city globally for business friendliness.
“The result of the survey confirms that Singapore has all the infrastructure needed to be an Asia Pacific headquarters for companies. The fact that it has overtaken Tokyo is an indication of the openness of the Singapore economy, which has been able to feed on global best practices, implement them efficiently and integrate them effectively into Singapore,” said Chris Fossick, JLL’s Managing Director for Singapore and Southeast Asia.