Hong Kong ranks 7th, followed by Tokyo, Shanghai, Bangkok and Kuala Lumpur among six Asia Pacific cities in the global top 30
Singapore is ranked sixth globally and first in Asia Pacific in the Savills Next Generation Wealth Hubs Index*, which identifies the locations best placed to attract and retain the next generation of high-net-worth individuals.
Singapore leads the six Asia Pacific cities represented in the global top 30, ahead of Hong Kong (7th), Tokyo (12th), Shanghai (18th), Bangkok (25th) and Kuala Lumpur (29th). The findings point to the region’s growing role as a centre of wealth creation and wealth management, alongside a growing focus on family-led capital planning.
Rayson Yeong, Executive Director, Head of Private Wealth, Investment Sales & Capital Markets at Savills Singapore, says: "Singapore’s position reflects its role as a key node for capital in Asia Pacific. For private wealth, connectivity is not simply about ease of travel; it is also about access to markets, investment opportunities and professional expertise across the region.
"As wealth becomes increasingly mobile and capital moves across markets and generations, we are seeing greater emphasis on how and where capital is deployed for the long term. Singapore’s combination of regional connectivity, established financial infrastructure and access to opportunities across Asia gives it an important role in these capital flows."
In Asia Pacific, the wealth landscape is increasingly shaped by the interaction between new wealth creation and family-led capital planning. While India and Vietnam continue to generate wealth through entrepreneurship, technology, manufacturing, financial services and real estate development, established hubs such as Singapore and Hong Kong have a greater emphasis on wealth structuring, private banking, family offices and regional connectivity.
Sulian Tan-Wijaya, Executive Director, Deputy Head of Private Wealth / Head of Retail at Savills Singapore, says: "The next generation of private wealth is looking at capital more holistically. Real estate remains an important part of wealth planning, but decisions are increasingly considered alongside family needs, business interests, succession planning and how different assets fit within a broader portfolio.
"Singapore is particularly well positioned in this respect because it connects wealth holders to opportunities across Asia while providing the ecosystem to support longer-term capital planning. For families with interests spanning multiple markets, that connectivity can be especially valuable as wealth transitions from one generation to the next."
Globally, New York ranks first, followed by Miami, London, San Francisco and Los Angeles. The report comes as an estimated US$84 trillion is expected to transfer between generations over the next two decades, with younger wealth holders becoming increasingly global and placing greater emphasis on factors including lifestyle, education, wellness and personal values when deciding where to live, invest and establish businesses.
"As wealth moves across borders and generations, capital is likely to become more selective. Scarce, turnkey and highly serviced assets in markets that combine legal stability, lifestyle quality, privacy and long-term liquidity are likely to remain most resilient," concludes Kelcie Sellers, Associate Director at Savills World Research. "Residential real estate must now deliver more than capital preservation alone. It must support how wealth holders and their families want to live, work, travel, connect and plan for the future."
Chart - Savills Next Generation Wealth Hiubs Index
* Published as part of Savills Spotlight on Wealth Trends, the index analyses more than 100 destinations across four overarching metrics: business, governance and connectivity; wealth clusters and local environment; wealth management and taxation; and lifestyle. Next-generation wealth is defined in the report as high-net-worth individuals under 40 who have recently made or inherited their wealth. Wealth trends 2026 press release