Lilypie

Friday, November 10, 2006

Facts Of Life ....

The gallery at my work place is having a big sale, so I went down to take a look. Apparently they have lots of samples and products that are never on display, so finally I managed to get something for my friend's upcoming wedding!

I got them a set of porcelain utensils, complete with saucers, chopstick racks, two pairs of wooden chopsticks, a table mat and plates. Not too tacky but practical at the same time. I only hope they will like it.

I was doing a bit of research on the living expenses here. And this is what I found out :

Lowest price of a car - S$55,000.00 (just a small, four-seater, 1.2 litre car)

Lowest price of a flat - S$190,000.00 (for a new, two-room public flat, in an obscure area and facing the sun or a cemetery)

Apparently, a resale or second-hand flat is even more expensive, since it is readily available, and especially those in a good location and popular among buyers.

And the price only covers the car (without the Entitlement Certificate), and an empty flat without any furniture or utilities.

From what I am earning, even if I do not spend a single cent (which is impossible), I will take probably two life times or even more just to save up, or to pay off all loans and mortgages incurred. And that is only for the flat alone, not counting the car.

Really hats off to those who can already own a bigger car and private flat at my age or younger. I seriously wonder how they manage that.

6 comments:

Anonymous said...

Lowest price of a car (i just take a sedan which can sit 5) is actually below S$40,000.00

Which car were you basing your pricing on?

juphelia said...

Oh, I'm referring to the newer cars on the market. Anyway even with S$40,000, that's still a hefty sum.

Anonymous said...

It is a huge difference dear celia.

You said the 55k car does not include COE.. with COE it would be 65k

thats 25k difference from the 40k car u know? :)

imp said...

higher salary,stock options, freelance work. trust funds, generous parents.

Ole' Wolvie said...

Or being mired in debt.

juphelia said...

Imp : Unfortunately I have neither of the above. :-( Although freelance work sounds tempting though.

Ole Wolvie : That is something I try not to get myself into.

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