This one for the apple fan. happy new year.
Friday, December 30, 2011
Thursday, December 29, 2011
Sunday, August 21, 2011
wow,
it is really fascinating when car prices in Malaysia and Singapore are revisited.
The last time i posted on this topic was back in the year 2007, back then i was wondering why the car prices was so expensive in malaysia compared to singapore in term of purchasing power.
however in the short span of four years, a quick check on the car prices listed on their toyota website shows that,
To own a Toyota Altis in,
a) Singapore - SGD 100,000 (RM 240,000).
b) Malaysia - RM 105,000.
Car prices in singapore has increased by a whopping 100,000-60,000/60,000 = 67%!, while in malaysia the price remains almost the same.
This might be attributed to the following factors,
1.) Economy expansion - Salary has gone up and more residents can afford to own a car.
2.) Increase in population in the last 5 years - addition to the above, there are new residents that can also afford to own a car.
3.) New quota system for issuance of COE - this has resulted in lower COE being released?.
what say you?
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