Boiling the daft Sinkies
Believe it! Only $99,999. This is the price for a 1,600cc saloon car, inclusive of COE. And Sinkies are rushing to the showrooms because COE price is cheap, down $2000 from $75,000 to $73,000.
They cannot remember or did not know that such a car would likely cost not more than $30,000 in many countries or the cost is only $20k to bring in. Cheap, cheap, cheap because yesterday was priced at $100k.
The same mentality is the thinking about housing prices. Cheap, cheap, cheap cause it is 1% down.
Don't forget CPF withdrawal age and minimum sum.