In what sense? Singapore is a democracy. They have a high GDP per capita. They have a very strong rule of law and little corruption. I wouldn't necessarily want to live there but it is one of many democratic countries that looks like a much better bet to live in than China.
https://thediplomat.com/2015/02/soft-repression-the-struggle...
They simply bankrupt the opposition through lawsuits and void their candidacy. That is not a functioning democracy.
Singapore disagrees.