Singapore Expats

Post some photos of "only in Singapore" here.

I'll start.

Here is an orange Porsche 911 turbo GT3. The owner lives in my HDB estate. He parks his car in the HDB multi-story carpark. He has his maid wash his car, in the car park.

This is a S$670,000 car. Before COE. I guess everyone has to cut corners somewhere.

So the owner is willing to go through all that trouble just so he can have his shiny toy?





Of course; it's only his maid who does the actual enduring.

This 911 Turbo (model code 996) is about 10-year old.

Typically selling for less than $200k.

Pretty sad. For 175K SGD you can buy a brand new 2013 Porche Turbo in the US.

What a beaute! In my opinion, none of the later Porsche models can hold a candle to the 911's epic lines.

Pal wrote:This 911 Turbo (model code 996) is about 10-year old.

Typically selling for less than $200k.

Pretty sure it is a 997, and maybe ~5 yrs old. I'll go snap the VIN next time so we can look it up.

Even then, the cheapest ones I can find are ~3000-350k on SG Car Mart. It's worth noting that most of the buildings that share this car park are 3 room HDBs built in the 70s, that sell for not a hell of a lot more than that (~400k).

And even then, it's pretty crazy.

HDB COVs are falling like a stone. 3 room built in 1970s wont sell for more than 350k. More closer to 300-310k

Wd40 wrote:HDB COVs are falling like a stone. 3 room built in 1970s wont sell for more than 350k. More closer to 300-310k

Go take a look at 440033, 440032...

Hmm. Interesting. But I would imagine these houses will be even harder to sell compared to Tampines. Tampines houses are atleast 10 years newer than those and most are 3A compared to 3I and 3S in those location you mention. Yet Tampines valuation is alteast 50k lesser for the 3A houses.

After staying in a 3A(74 Sqm) house and having viewed a couple of 3I/S(60 Sqm) I can never imagine going to those 3I/S sized houses, even for renting. They are the real pigeon holes.

likely that the owner visit the parents during weekend and make use of family maid to wash car too...

i do see meserati park in hdb residence carpark too. Is weird that some ppl willing to pay 5k monthly installment for sports car (depreciating asset) instead of mortgage (appreciating asset).

refugees wrote:likely that the owner visit the parents during weekend and make use of family maid to wash car too...

I see the car there almost every night.

zzm9980 wrote:

refugees wrote:likely that the owner visit the parents during weekend and make use of family maid to wash car too...

I see the car there almost every night.

If he intends to show it off to his neighbours, he is doing a good job.

He is showing off lah.
Typical of us Singaporeans...

refugees wrote:likely that the owner visit the parents during weekend and make use of family maid to wash car too...

i do see meserati park in hdb residence carpark too. Is weird that some ppl willing to pay 5k monthly installment for sports car (depreciating asset) instead of mortgage (appreciating asset).

Why is the mortgage necesarily an appreciating asset?

I would also bet that some Maseratis will hold their value better than some of the houses here in Singapore.

refugees wrote:likely that the owner visit the parents during weekend and make use of family maid to wash car too...

That seems to sum up many people's attitude towards maids here - they consider them as a domestic appliance rather than a human being who can be asked to perform a task.