Quote:
Originally Posted by A4W
Quote:
Originally Posted by buckybadger
He's probably a millionaire, cars sell for 5X more than US in Singapore.
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Not only that, he needs a COE (Certificate of Entitlement) for each of them. It's a quota licence to own a vehicle and it would cost anywhere from $40-100k SGD.
Currently, a 2021 M3 Comp including COE costs $460,000 SGD ($344,000 USD).
A Rolls-Royce Phantom costs $2,088,888 SGD ($1.5 million USD). |
But how many people can afford this type of luxury in Singapore? What's the percentage roughly? Thanks!