Which one is cheaper?
Junior
Which one is cheaper?
Junior
How to compare? One consumption, one investment....
Junior
I presumed $100k stamp duty cheap.
Newbie
100kg feather or 100kg stones heavier?
Ultimate Underdog
I think Star is right on. The CMs by MND will likely significantly push spending into other areas, especially cars. Houses and cars are probably the only two big ticket items that some Singaporeans buy. I think Mr Lui will get a big headache. A CM for COE and cars is likely to follow very shortly after COE shoots beyond 100K.
I believe the next posting of Mr Khaw is Minister of Transport. He leaves a trail of impact wherever he goes!
Junior
Eloquently putOriginally Posted by CondoInterested
Newbie
Some people are born to produce s h i t for others
Some are born to clear other people's s h i t
Both have impact in its own ways
Lazy Bum
This is a no-brainer. 100k COE is a straight line depreciation which lasts just 10 years. Take your pick
When you have eliminate the impossible, whatever remains, however improbable, must be the truth
Senior
One you can get back but the other you can't get back... However, one allows you to take along to 'show off' but the other can't do that!
HopingToRetireSoon
Buy house near mrt do away with car.. save your coe 100k for house..
House is investment assets, car is depreciated assets..
Newbie
100k stamp duty not part of asset... straight away gone day 1.
COE still can get rebate until year 10...
Junior
$100k COE for sure. $100k COE here to stay. $100k stamp duty can be removed any time - just a temporay measure. $100k COE at least gets you a nice ride to drive around on a lazy day without having to squeeze MRT or bus and explore more inaccessible part of SG. It's a real improvement to quality of life. $100k stamp duty is for second property that may not even make money.
Junior
Life is about enjoyment - not about accumulating material things and so-called "assets". Which one of them bring you greater enjoyment and improve the quality of your life? Then put your money there. I think Singaporeans are very materialistic - and that's why always thinking about spending money on "appreciating assets". Life is about experiences, not about accumulating appreciating assets.
Newbie
Confirm CM for COE coming...
Downpayment needed...
Junior
That is very good news. 20-30% downpayment will be prudent. Must make sure to cover loopholes like overtrade and financial rebates.
Newbie
Last chance for easy credit... Hahaha
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