Singapore is attracting high-net-worth individuals, particularly from the Middle East and South Korea, seeking a stable investment environment amidst global geopolitical and economic uncertainties. Its strong regulatory framework makes it an appealing financial hub.

As global markets are roiled by geopolitical uncertainty and the energy fallout from war in the Middle East, a tiny speck in Southeast Asia has emerged as an oasis of stability – at least in terms of where the well-heeled can park their money. Giig Tanaporn, CEO and founder of business and wealth consultancy Unique Prime Group, has observed that high-net-worth clients, especially from the Middle East and South Korea, have been increasingly choosing Singapore for its regulatory framework,...