Who is richer?
Things are not what they are today. What you see is not really what you get as many factors come into play. A person in Malaysia or Indonesia may own 2 or 3 houses but each costing $100k or $200k. A Singaporean may own just one HDB flat with a value of $700k. Who is richer? And the picture could change if the person owning 2 or 3 houses actually got them fully paid up or owes the bank a small loan. The Singaporean could be tied to a $500k loan and need a steady income to service that loan. And add to this, the cost of living in the neighbouring county is relatively that much lower than here. A dollar there could buy so much more. Who is richer?