Downtime: cheapest places to join Asia's jet set

A new survey reveals that the cost of a luxury lifestyle is going up. But you can still live well for less and avoid seeing cash go up in smoke ... if you know where to look.

Lighting up the silkiest of Cuban cigars or donning a suit made of the finest fabric are more costly this year though fortunately you can save on hotel suites and the kids’ British education.

And, if you really want to make your luxury dollar stretch a little further, your best bet is to hop on a flight first class, of course from pricy Hong Kong to bargain-basement Kuala Lumpur. 

Those are among the findings of this year’s Wealth Report Asia, prepared by Swiss bank Julius Baer. It assessed the relative cost of a basket of goods and services associated with the luxury lifestyle of the...

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