Since condos and cars are an intrinsic part of the Singapore psyche, here's a poll by District group to suss out what your neighbours are driving
Supercar and Ultralux status
$250k and above
$200k and above
$150k and above
$100k and above
$50k and above
Don't Drive
Since condos and cars are an intrinsic part of the Singapore psyche, here's a poll by District group to suss out what your neighbours are driving
cheapo japanese saloon. paid in full.
Cars cost so much here compared to other countries.
Can't drive fast. Big waste of time. Lived quite happily without one for many years until kids had to go to school.
Often see those guys in big flash car, I used to be impressed. Now I just think how much debt they are driving around.
Much rather have money generating, appreciating assets than show off car.
qfoo u doing survey for MCYS ah?
EBD, what makes u think that big flashy car people have big loans on their car? U can't accept that people can pay up $200-300k in full? Narrow minded frog in well.
I know of people who make 50k a month but take MRT to work (no car). I know of people who make 20k a month but drive a 1.3 litre 50k Japanese car. I know of people who own 2 cars (BMW 523 & RX8) worth 300k but cannot afford to pay the monthly maintenance charges for their condo.Originally Posted by orange
There are many who drive small cars but make big bucks and vice versa.
There are many who live in heartlands but are worth millions with prime properties.
I have a unit tenanted out in a prime condo worth around 1800psf and there are 2 owners in that condo who drive Renault Kangoos.
Som such surveys serve no purpose really
yea, like what u just babbled. Serves no purpose. Who gives a toss what u own or what u drive?Originally Posted by nav14
I also own 5 landed and stay in Boon Lay 3 rm flat just like what you said in another similar thread. Maybe you are my idiotic neighbour?Originally Posted by polarinda
this is what you call a ma long long, chiat pah bo sai pang survey.
for fun and laughter peace and joy.
happy, go vote. not happy, dun vote
dun need to take so seriously one
Why dun u press the doorbell and find out? duhOriginally Posted by nav14
I thought in March 2009 you stay in 700 unit condo?Originally Posted by nav14
Originally Posted by nav14
driving expensive cars does not always mean the condo owner's bank is loaded. the really rich people i know (i.e property developers) living in GCBs do not worry bout their own housing mortgages or or car mortgages coz they dont have any to worry about. They buy everything in cash coz buying a merc or a Porsche is many a time like paying a big tip that hardly creates a dent in their pockets. I am sure you have read bout this pty tycoon in singapore who bought a Rodin replica sculpture for more than $1 million just to decorate his house.
Originally Posted by nav14
wah lan replica for $1m.Originally Posted by Regulators
is it the one where after finding out is replica wanted to sue the art gallery?Originally Posted by Regulators
When will I be able to afford a sgd$1million replica and think it's alrite... sigh..Originally Posted by gfoo
yup that is the guy. He lives in Astrid Hill just beside Shanmugum's house. Better nt spell out house number so clearlyOriginally Posted by august
I am very impressed by orange, who paid for his 335i in full !!!Originally Posted by orange
If want me to come out a such a big chunk from my property war chest to pay for a car, I will have heartache.
Cash for me is meant to be on standby for investing in the property market, as and when good opportunities arise, hence I prefer to take loans for cars ... but fortunately I still have enough money to pay monthly maintenance charges ... or do I? Better check! Otherwise my tenants will come after me!
There are many different types of people in this world.
Nevertheless, there is inevitably a higher probability of finding flashy cars in the prime districts than in suburban areas. Just drive around the GCB areas and take a peep.
As a person's networth increases, cars become an increasingly negligible proportion of total wealth. Hence those who wish to enjoy life a bit, spend a bit of money to pamper themselves.
Look at these two photos below. Can you spot the difference? Don't you agree that the Singapore Flyer in the first photo looks much more beautiful?
Last edited by jlrx; 17-10-09 at 02:00.
logo aside, i think the dashboard colour for the toyota goes better with the flyer landscape than the BMW.
Originally Posted by jlrx
Originally Posted by gfoo
http://cgi.ebay.com.sg/ARTICA-Rodin-...d=p3286.c0.m14
Just found this in ebay. much cheaper
Because I work with these people. Most people driving car like that have huge 10 yr loan. Most not ALL.Originally Posted by orange
I can accept that some people can pay 300k in cash. Most don't. The respect they think they get when driving around is based on badge on their car as status - which they haven't got.
Why seem to have touched a nerve? You one of those faking it Orange? Or did daddy buy your car in cash for you?
Sorry but as you have started throwing unnecessary , uncalled for, & unsubstantiated conjecture around about they state of my world outlook I thought I'd return the favour.... you narrow minded molecule mind.
EDB, ur classification of rich is not considered rich if they have to take a loan for things like cars. There are many really wealthy people that I dare say u have seen none. They go casinos and throw 80k in a single bet for baccarat, spend 100k a meal tasting delicacy food like truffles and spend millions on art collections etc etc. I once heard a rich guy saying he is tired of playing with big yachts n was contemplating on buying a jet. Do u think these people would be taking 10yr loans buying cars. U say there arent many such people around, but take a drive to those rich estates, knock on e door of any GCB n ask if any household takes a loan to buy any fanciful car parkd at the porch n u knw wat i meanOriginally Posted by EBD
Frankly ... I have to agree with you.Originally Posted by Regulators
Such is the power of branding ...
If you really do that, they may think that car salesmen are so desperate nowadays that they come all the way knocking on the door!!!Originally Posted by Regulators
I believe that the disagreements in this thread is due to the fact that we are actually discussing two different observations, and both camps may actually be right!
The two observations are:
1. Do most wealthy people own luxury cars?
2. Are most luxury cars owned by wealthy people?
These are two different observations.
Based on the observations put forward by various parties in this thread, my conclusion is that the answers to the two questions are:
1. Yes.
2. No.
So we are all correct!
Which begs the question ... what is the definition of "wealthy" and "luxury car"?
i may be wrong, but from my observation:
most stables' family car are mixed - as simple as a camry to a 7/S/LS
performance toys are usually pure breds like the 660, scud etc
335s etc are bought for the kids and wife
those w young kids normally would go for an X/RX/Caye
You are right. EDB classification of rich is only maybe still not that rich. But actually some ppl take loans becos their leave their cash to earn more returns.Originally Posted by Regulators
Some businessmen buy property based on deals and profits they make, on good years they just buy cash.
Last edited by xebay11; 20-10-09 at 08:25.
Looks like most don't drive. All $$ go into the house.
Agreed! Private banks only treat >USD$15mil as RICH clients.Originally Posted by xebay11
Those below will feel the pinch of paying cash for a porsche 911 of ferrari
That would be my definition of rich. Probably everyone on this board is a milionaire even after debt is accounted for. 2-3 million is not rich anymore.Originally Posted by focus
Plus, last weekend did anyone notice at shell $1 lots of nice cars queuing to save like $50 max? Even Today had pictures of Merc's in line.
If everyone is so rich that drive these cars, you wont waste 1 hour to queue for $50. I didn't , waste one hour of my life for 50 lousy bucks.
And there wouldn't be any car loans like bmw balloon loans at luxury car outlets.
I dont think I said everyone driving these cars is taking loans....... but there are more than the "F1 this, flyer that" ravers on this board would like to accept.
Audi TT coupe 2.0 turbo.
Abt full kit with quad pipe
ecu stage 1
19' Audi wheels
tts headlights
What a waste!!!
Such interesting discussions taking place in the wrong thread!
Now I have to slowly cut and paste ... carefully ...
Originally Posted by Property_OwnerOriginally Posted by gfooOriginally Posted by Property_OwnerOriginally Posted by Property_OwnerOriginally Posted by gfooOriginally Posted by ReporterOriginally Posted by Property_OwnerOriginally Posted by Reporter
Originally Posted by Property_OwnerOriginally Posted by augustOriginally Posted by ReporterThese are words of wisdom ...Originally Posted by Property_Owner
I also have the same thoughts!!!Originally Posted by Reporter
Do you consider the Panamera as a value-for-money car?
Originally Posted by ReporterOriginally Posted by Property_Owner
Wonder whether the one sitting in the car above is Property_Owner?
Originally Posted by jlrx
No la, already told u I had started to bald...That can't be me...
Seriously, I think Panamera is value-for-money.Originally Posted by jlrx
But Panamera S, Panamera Turbo and Panamera Turbo S (if there is one) are out for me. (My head is too small for them!)
Panamera (i.e. the entry-level with a 3.0-supercharged V6) will be cool!