The boom has sent unemployment plunging, but also increased traffic and crime.
Martinez pronounced himself unhappy with rising crime but "happy about my family."
"Overall, I'm happy because this is a country with many natural resources, a country that plays an important role in the world," he said.
"We're Caribbean people, we're people who like to celebrate, to eat well and live as well as we can. There are a lot of possibilities here, you just have to sacrifice a little more."
Singapore sits 32 places higher than Panama on the Human Development Index, but at the opposite end of the happiness list.
And things weren't looking good Wednesday to Richard Low, a 33-year-old businessman in the prosperous Asian metropolis.
"We work like dogs and get paid peanuts. There's hardly any time for holidays or just to relax in general because you're always thinking ahead: when the next deadline or meeting is. There is hardly a fair sense of work-life balance here," he said.
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