Is the Hongmao Bridge in Singapore a rich area?

Rich area refers to the area where high-income people gather, where infrastructure is good, housing prices are high, and there are various high-end commercial and entertainment facilities. The Hongmao Bridge in Singapore is not considered as a typical residential area for the rich. Hongmao Bridge is located in the center of Singapore, with convenient transportation and some commercial and convenient facilities around it, but the community as a whole does not meet the standards of a typical affluent society. In Singapore, some representative place widely regarded as luxury residence and top lifestyle include Bukit Tima and that east coast.