How much are you earning per annum?

Originally Posted by Unregistered

Me and a few of my colleagues just went down to Alexandra after lunch to check out some cars after receiving our bonus. Everybody agreed to go there look look only, end up 3 guys including me placed deposit for a new car. The other guy said he go home check with his wife first, tomorrow then bring the family down to see again.

Right decision. I'm sure with everyone getting bonus, all want to buy new car. COE price will likely go up again. Anyway $60k for a COE is cheap. Last time COE was $100k and yet salary was lower. Now salary has gone up and yet COE remain less than $100k. Many families have household income of $200k and they only spend $6k pa on a COE, only 3% of income. So cheap.

Times are bad, and will get worse in 2016. COE will drop in 2016 to 30-40k.

No point buying car if you are out of job.

Originally Posted by Unregistered

Times are bad, and will get worse in 2016. COE will drop in 2016 to 30-40k.

No point buying car if you are out of job.

Hahaha. Trying to scare people is it?

So many rich Singaporean families. All got jobs and businesses.

Can expect salary rises next year. Maybe even promotions!

Singapore workers to get 4% pay rise next year: Poll

Originally Posted by Unregistered

I am not a Singaporean.

I'm a 26 yr old single male.
Earning $180k per annum.
Housing allowance $5,000 per month and travelling allowance of $10,000 per annum.

you are not Singaporean. then what are you? what are you doing in singapore earning sgd?
rupee no good, euro no good, usd no good?

Originally Posted by Unregistered

I am not a Singaporean.

I'm a 26 yr old single male.
Earning $180k per annum.
Housing allowance $5,000 per month and travelling allowance of $10,000 per annum.

fatty butt in usa no good?
like soft silky asian skin?

no worries we have many spg for your kind

Originally Posted by Unregistered

44, sole breadwinner, $160k pa
Savings, $30k pa
3 bedroom condo, $1.1m, no more loans
1 car, paid up
How are we doing?

too old lah

Originally Posted by Unregistered

Right decision. I'm sure with everyone getting bonus, all want to buy new car. COE price will likely go up again. Anyway $60k for a COE is cheap. Last time COE was $100k and yet salary was lower. Now salary has gone up and yet COE remain less than $100k. Many families have household income of $200k and they only spend $6k pa on a COE, only 3% of income. So cheap.

You haven't in the cost of monthly season parking, twice yearly maintenance, petrol, ERP, road tax, cost of a car.

Last time, COE also reached $2 during financial crisis. So $25k COE is very possible as economy is heading south now - people over-leveraged with properties, expensive cars will lose jobs in downturn. They will no choice but to lelong their assets. The economic cycle will just repeat again and again as history has shown in 1985/86, 1997/98, 2008/09.

I just sit back and see what gonna to happen in 2016/2017 - no rush for me. Very cheap lelong sale coming soon... it only happens once in a decade.

Originally Posted by Unregistered

You haven't in the cost of monthly season parking, twice yearly maintenance, petrol, ERP, road tax, cost of a car.

Last time, COE also reached $2 during financial crisis. So $25k COE is very possible as economy is heading south now - people over-leveraged with properties, expensive cars will lose jobs in downturn. They will no choice but to lelong their assets. The economic cycle will just repeat again and again as history has shown in 1985/86, 1997/98, 2008/09.

I just sit back and see what gonna to happen in 2016/2017 - no rush for me. Very cheap lelong sale coming soon... it only happens once in a decade.

Agreed.

I am waiting patiently to buy my second new car and new private properties ( 1 or 2 more)

Huat ah!

Originally Posted by Unregistered

Singapore workers to get 4% pay rise next year: Poll

Mine is half that.
Sigh.