Observation purely
I don't think we feel it much in Singapore. I remember travelling overseas (say Germany, Thailand, Australia) and people where saying things were so cheap.
Though we don't travel now, the conversation goes around "do you know that this is cheaper in xxx, don't you miss travelling? "
So I think yes, people are generally getting wealthier in Singapore. we just don't feel it just like how fish don't feel water.
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