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Old 18-01-2015, 08:53 PM
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Let me ask you a question, do you think cars or hdb flats are more expensive in singapore?

Now keep that answer in your head while I walk through with you the numbers...

Let's say you were that unintelligent guy who bought the pinnacle at duxton flat for 950k. It is 5 years old with approximately 91 years of lease left...

Is it wiser to pay 950k to own a flat for 91 years OR to pay 950k to own and use a car for 54 years (assuming a yearly cost of 17.5k?

If one accepts the cost of car ownership than one must say that to buy a 4 room flat at pinnacle is the best deal cos it is so much "cheaper"! And last I checked, there are 2 toilets in a 4 room flat. How many toilets does a Corolla have? LOLOL
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