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17-05-2014, 05:30 PM
An honorable member of the Coffee Shop Has Just Posted the Following:
Singapore is 'priciest place to buy cars but its public transport is among cheapest'
Published on May 16, 2014 9:45 PM
Potential car buyers and members of public at the Toyota showroom on March 17, 2013. Singapore is the most expensive place in the world to buy a car, according a survey by Deutsche Bank. -- ST FILE PHOTO: NEO XIAOBIN
By Mok Fei Fei
Singapore is the most expensive place in the world to buy a car, according to a survey by Deutsche Bank.
The bank's annual survey of global prices released on Friday found that a new Volkswagen Golf costs US$126,499 (S$158,125) here.
The amount far exceeds the next highest price tag of US$55,516 needed to buy the same car in Kuala Lumpur and is more than five times the US$26,700 cost in New York.
Offering to take the tabs for a pint of beer here will also set your savings back by a sizeable amount - US$7.94 to be precise - the second most expensive city to enjoy your drink, behind Paris at US$8.11.
- See more at: http://www.straitstimes.com/news/bus....vqa7ryVw.dpuf (http://www.straitstimes.com/news/business/economy/story/singapore-priciest-place-buy-cars-its-public-transport-among-cheapest-20#sthash.vqa7ryVw.dpuf)
Click here to view the whole thread at www.sammyboy.com (http://sammyboy.com/showthread.php?181797-Singapore-is-priciest-place-to-buy-cars-but-its-public-transport-is-among-cheapest&goto=newpost).
Singapore is 'priciest place to buy cars but its public transport is among cheapest'
Published on May 16, 2014 9:45 PM
Potential car buyers and members of public at the Toyota showroom on March 17, 2013. Singapore is the most expensive place in the world to buy a car, according a survey by Deutsche Bank. -- ST FILE PHOTO: NEO XIAOBIN
By Mok Fei Fei
Singapore is the most expensive place in the world to buy a car, according to a survey by Deutsche Bank.
The bank's annual survey of global prices released on Friday found that a new Volkswagen Golf costs US$126,499 (S$158,125) here.
The amount far exceeds the next highest price tag of US$55,516 needed to buy the same car in Kuala Lumpur and is more than five times the US$26,700 cost in New York.
Offering to take the tabs for a pint of beer here will also set your savings back by a sizeable amount - US$7.94 to be precise - the second most expensive city to enjoy your drink, behind Paris at US$8.11.
- See more at: http://www.straitstimes.com/news/bus....vqa7ryVw.dpuf (http://www.straitstimes.com/news/business/economy/story/singapore-priciest-place-buy-cars-its-public-transport-among-cheapest-20#sthash.vqa7ryVw.dpuf)
Click here to view the whole thread at www.sammyboy.com (http://sammyboy.com/showthread.php?181797-Singapore-is-priciest-place-to-buy-cars-but-its-public-transport-is-among-cheapest&goto=newpost).