[ponyfleisch]

pro:

* Many overseas educated locals helping with cultural cross pollination

* Locals often live with their parents until their late twenties (when they get married), so there are a lot of young people with low personal burn rates

* Lots of government funding and plenty of private capital around as well

* A good amount of big tech companies have offices here

* Major finance hub

* Very business friendly regulations

* Cost of living is reasonably scalable (meaning you can slum it out here or live like a king, depending on your success)

* Good access to Indonesia, Vietnam etc. for talent

* Thriving e-commerce ecosystem in Southeast Asia

* Decent meet up ecosystem

con:

* Rent is expensive (both residential and office space)

* Foreigner visas are not always easy to come by

I might add more later in a separate comment if i can think of more.