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Thread: How much are you earning per annum?
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Old 30-11-2015, 11:12 PM
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Originally Posted by Unregistered View Post
Latest news said that median income of workers has gone up to about $4k pm. So for a working couple, it means $8k pm or $96k pa. If they buy a $100k new car, they will pay only $10k pa to own the car or just 10% of their household income. This is affordable and that is why COE prices will be going up higher and higher. Rush to buy your new car now as demand for new cars will go up with higher household income. Don't wait.
You are right. I read in CNA that real income has gone up! With the high demand, don't be surprised if COE goes towards $100k. Don't listen to the person who said COE will go down to $30k.
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