What is the royal family and its wealth?
Royal elite palace in south-eastern Singapore has been in a state of disrepair since the end of the 1960s, and the Royal Family and its descendants have not been very well off.
But the property’s status as a royal property, which the royal house is not obliged to maintain, has helped the property attract a range of wealthy investors, from wealthy Singaporeans to a Chinese businessman who wants to develop the property into a resort.
This is one of the key questions that the Singapore Government is seeking to answer, in a bid to determine if the properties worth billions of dollars can be legally held by the country’s wealthy, including its royal family.
The Government is also looking at whether the properties can be sold to raise money for the country.
This has prompted criticism from some Singaporeans, who have accused the Government of trying to sell the properties to curry favour with the wealthy.
The Royal Family has been criticised for its links to the Singaporean Government, including in relation to the purchase of land from the estate of former Prime Minister Mahathir Mohamad, whose estate has been earmarked for development.