How much are you earning per annum?

Originally Posted by Unregistered

You are rich. You must be staying in a landed property. Which landed property area are you staying in?

Just a unit in Luxus hills

Originally Posted by Unregistered

Just a unit in Luxus hills

Why don't you buy a GCB? With your high pay, I'm sure you can afford.
Btw, what's your net worth? How old are you?

Not sure if you got my point correctly, I am saying a 20K correction in current COE price is not enough to sway people who currently don't have cars or a need for one to go out and buy one. If someone is used to driving a car or needs one they will look at overall quantum and decide from there.

Seems there are a number of aspiring car owners who are barely making the cut and they are expecting a correction in COE price. But in reality what they are really hoping for is for COE to go back to a the time where one could go into a showroom and buy a new car with 50K cash.

Even the examples you provided only No.1 fits this aspiring category, I doubt 20K price in COE would sway them. The rest of the examples indicate the subject either need a car/want a car/can afford a car. Hence 70K COE would not deter them regardless.

Originally Posted by Unregistered

These are the special circumstances that may make a person decides to buy a car:

1. Withdrawing CPF at 55. For some people, withdrawing their CPF at 55 represents both an opportunity and possibly the last chance for them (and family) to have a taste of car ownership. These people may not necessarily buy a new car but a 2nd hand one. After working donkey years, people will justify to themselves that it is time to indulge a little. And they should as you only live once!

2. Extending their retirement age. A colleague of mine (aged 57) who previously swore that his 10 yr old car would be his last has recently upgraded to the new Sylphy. He has obviously extended his retirement age.

3. Couples having children. I remembered when we were first married, my wife and I were ok with taking public transport. But when our first child came along, having a car suddenly becomes a necessity, because of the bundle of baby stuff to lug along everywhere we go. When more children came along, the car size grew. Now we have an MPV.

4. Even for singles, when they start to earn and save more, the thought of living the good life will creep in. And for these people the car they chose is to reflect their personality and not so much for utility. It is not uncommon for these people to go for conti cars especially cabriolets.

5. Power couples who simply have too much money. When both are earning good salaries and are busy people, having their own cars is a given. And we are not even talking about cheap Jap or Korean cars. We are talking 2 BMs, or 1 BM & 1 Jaguar, 2 Mercs etc....

6. Car "collectors". Here I am not referring to the serious antique car collector. I am talking about the crazy rich people who simply must have more cars than people in their household. I have moved house a few times, and each time I always have neighbours who have more cars than the number of family members. These families will have 1 car for daily use, 1 car for weekend, 1 car for night out, 1 car for long drive to M'sia.

7. The cannot-lose-face people. These are people who cannot lose out to their neighbours/peers. When they see their neighbour buy a car, they also must have one.

8. The cannot-use-my-car-lot entitlement mentality people. In my previous condo, I have a neighbour who was just not happy that the condo fees are the same for owners with and without car. So he went out and bought an old car just to take up 1 car park lot even though he hardly drives.

So, it is not true that people who had not own cars before would not be swayed to own car. What is true however, is that it is difficult for people who own cars to give up their cars. I have tried it for a while and I am back to driving.

Interesting choice, units are priced between 3.4 - 4 Million.

I see some strata title houses in my area (Bukit Timah) going about the same price and lower psf and freehold plus it has a ton of good school around (SCGS, Raffles Girls etc), was there any particular reason why you decided on it? Parents nearby?

Originally Posted by Unregistered

Just a unit in Luxus hills

Originally Posted by Unregistered

Interesting choice, units are priced between 3.4 - 4 Million.

I see some strata title houses in my area (Bukit Timah) going about the same price and lower psf and freehold plus it has a ton of good school around (SCGS, Raffles Girls etc), was there any particular reason why you decided on it? Parents nearby?

Reason is near my parents... they stay around Lentor

Originally Posted by Unregistered

I agree hate the public transport if rain.
Full of foreigners and always jam pack during peak hours.
What is our country becoming at the expense of economic growth?

Really ungrateful and unbecoming of a civilised world. Shameful!
Remember the era how your grandfather, and perhaps your father's suffered, where Singaporean still lived in attap house ( as mentioned by Mr Lee Kuan Yew) in 1960's.
When you have become rich, don't forget your past.
Who help to build this nation?
Who provide you with shelters?
Who help to take care your children when you are at work?
You don't sweat because somebody doing the donkey job for you.
You don't smell because you don't sweat.
But that do not make you a class above others.
Don't talk cock, if you can afford just go to buy a car.
No body want to make you stint to be in crowded public transport.
Ugly so called Singaporean.
Kiasu, Kiasi.

Originally Posted by Unregistered

Really ungrateful and unbecoming of a civilised world. Shameful!
Remember the era how your grandfather, and perhaps your father's suffered, where Singaporean still lived in attap house ( as mentioned by Mr Lee Kuan Yew) in 1960's.
When you have become rich, don't forget your past.
Who help to build this nation?
Who provide you with shelters?
Who help to take care your children when you are at work?
You don't sweat because somebody doing the donkey job for you.
You don't smell because you don't sweat.
But that do not make you a class above others.
Don't talk cock, if you can afford just go to buy a car.
No body want to make you stint to be in crowded public transport.
Ugly so called Singaporean.
Kiasu, Kiasi.

well said.

if there's one thing similar about all these opposition Roy Ngerng supporters- it's ungratefulness and ungraciousness

Originally Posted by Unregistered

Why don't you buy a GCB? With your high pay, I'm sure you can afford.
Btw, what's your net worth? How old are you?

I don't think he can afford a GCB. He is just an ordinary salaried worker. Those living in GCBs usually have a household income of $3m or more. Bankers, specialist surgeons, top lawyers and big business owners.

Quality GCBs costs $15m and above. Households with income of $500k pa stay in mass market condos or low end landed in not prime locations.

Originally Posted by Unregistered

Reason is near my parents... they stay around Lentor

Th developments looks great lots of space for big family, parents nearby is important too. Enjoy your new home😁

Steady Two thumbs up, so long as foreigners keep with our rules they should be given due respect. I did construction industry jobs, the strawberry generation probably can't even tahan half a day in the sun. Yet complain abt the people who built them

Originally Posted by Unregistered

Really ungrateful and unbecoming of a civilised world. Shameful!
Remember the era how your grandfather, and perhaps your father's suffered, where Singaporean still lived in attap house ( as mentioned by Mr Lee Kuan Yew) in 1960's.
When you have become rich, don't forget your past.
Who help to build this nation?
Who provide you with shelters?
Who help to take care your children when you are at work?
You don't sweat because somebody doing the donkey job for you.
You don't smell because you don't sweat.
But that do not make you a class above others.
Don't talk cock, if you can afford just go to buy a car.
No body want to make you stint to be in crowded public transport.
Ugly so called Singaporean.
Kiasu, Kiasi.