Property Futures

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To answer the question of my previous blog, Just who can afford to live in Singapore, except Singaporeans?  You know.

Lamborghini_Miura_P400SVEvery day in Singapore I see a super car, or two– Ferrari, Maserati, Lamborghini– just driving around the island like it’s a race track.  The number of Lexus and Porche SUVs also never ceases to amaze me, especially considering the cost of driving a car, not just purchasing it, is, well, insane.

Costs for a luxury car in Singapore are often as much as five times the cost as in the US.  And, as I mentioned in my last blog, car owners in Singapore must also purchase a COE document that allows them to drive on the roads here, which, at the moment, is around SG$93,000 (US$76,000).  As it’s a bid, though, the numbers can change, and I’ve recently seen it as high as SG$97,000.

What else can you buy in…

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This entry was posted on December 15, 2012 by in Uncategorized.

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