THE ADDRESS Magazine No.20 | Page 327

Amongst the Mexican cities, Monterrey was No. 109 and Mexico City No. 126. South America’s top cities were Montevideo (78), Buenos Aires (91) and Santiago (93). Finishing lower were La Paz (156) and Caracas (179). The Mercer’s rankings took special note of the emerging Brazilian city of Manaus, which ranked No. 127. The city is already a thriving industrial centre and has a free economic zone – its good supply of consumer goods and relatively advanced infrastructure is partially counteracted by the lack of international schooling options. The North and South American cities that fared worst were Havana (193) and Port-auPrince (228). The global consulting firm, Mercer, based its index on 39 factors grouped in ten categories: Political and social environment; Economic environment; Socio-cultural environment; Medical and health considerations; Schools and education; Public services and transportation; Recreation; Consumer goods; Housing; and Natural environment. Singapore is top Asian city for quality of life It may be the world’s most expensive city, but Singapore is ranked top amongst Asian metropolises on the Mercer 2015 Quality of Living rankings. The city/state came No. 25 on the list of 230 cities covered. Many Asian cities ranked either very high or very low on the list. After Singapore came Tokyo at No. 44, while near the bottom of the list was Dushanbe in Tajikistan, in 214th place. Other top-rated Asian centres were Hong Kong (70), Seoul (72), Taipei (83), Shanghai (101) and Beijing (118). Notable emerging cities in this part of Aisa were Cheonan, South Korea (98), and Taichung, Taiwan (99). Chinese cities Xi’an and Chongqing both ranked No. 142. The report said poor water and air quality are holding them back, whilst telecommunications and consumer factors are positive areas. Other Asian centres on the list were Kuala Lumpur (84), Bangkok (117), Colombo (132), Manila (136), Hyderabad (138), Jakarta (140) and Pune (145), followed by Mumbai (152) and New Delhi (154). Considerable population increases in Mumbai and New Delhi in recent decades have increased existing problems, including access to clean water, air pollution, and traffic congestion. In the Pacific, New Zealand and Australian cities ranked very close to the top on the list of global cities for quality of life, with Auckland No. 3 in the world, Sydney No. 10, Wellington No. 12 and Melbourne No. 16. Singapore still the world's most expensive city Singapore remains the most expensive city in the world. The latest Worldwide Cost of Living Survey for 2015 shows it more expensive than Tokyo in the survey published by the Economist Intelligence Unit’s list of 133 cities. Interestingly, there were no changes amongst the top five cities in 2015, with Paris in second place followed by Oslo, Zurich and Sydney. Currency shifts are identified as a major factor in the rankings, with the stronger USD and weaker euro. The recently unpegged Swiss franc was not included in the rankings, which would likely raise Zurich and Geneva to the top spots on the expensive cities list. Singapore, however, topped the list for a variety of reasons. “It is the joint most expensive place in the world alongside Seoul to buy clothes, with the malls of Orchard Road offering a price premium that is over 50% higher than in New York,” says the report. “Most significantly, Singapore’s complex Certificate of Entitlement fee system makes car prices excessive, and www.theaddressmagazine.com 333