Well.. you DO know that that money is YOURS ?? unlike the 50%+ of the tax is NOT mine ?? You can use that money when you want to buy house, study loan for children etc .. and the kids pay you back .. you really do need to look at things in perspective before you find out you're quite ignorant about the tax structures in your own country .. quite embarassing really

Yes .. alot of things probably has no rhyme or reasons .. but they do have set guidelines for modifications ..

One thing that the OP probably will be happy about is the mods he do will be legal ..

If you look at the tiny little red dot in South east asia .. you'll be amazed that such a small island is actually a country .. less than 40 miles in long and 20 miles wide .. I think the smallest county in LA is bigger than that !!

 

They're forced to let people use that money toward housing, because houses are even more relatively gosh-darned expensive here than cars.

And, sure, you can buy houses, buy shares, etc. BUT any profits on those HAVE to go back into the CPF (the fund). The money cannot be touched until retirement age, and even then, a large and ever-increasing "minimum sum" needs to be left inside (this will probably run into the hundreds of thousands of dollars by the time I retire - if I stay in Singapore). That minimum sum is then disbursed to you in the form of an annuity (you can sort of choose the starting age, the later you start, the higher the monthly payouts).

There are now all sorts of complications to this. Previously, the money in a person's CPF account used to be sacrosanct - the government *couldn't* claim it legally. The residual money remaining in the account would be bequeathed to a person's beneficiaries. Now, the policy has changed. Under certain circumstances (when you opt for a so-called "No Refund policy"), the government can take that residual sum, leaving NO CPF inheritance for the children.

Now tell me how you can still consider the CPF "MY MONEY".

Don't tell me I'm ignorant about the tax structure in my country. There's a lot more to it than meets the outsider's eye.

They can declare pretty much anything illegal here *****-nilly. Even if you're driving normally and safely, an officer can just stop you anywhere and ask you to drop everything and follow him back for an immediate inspection at your cost. Any illegal mods - you get stuck with a high $ fine, and a notice to revert to stock (at your own expense) and return for a re-inspection (again at your own cost). That's apart from the routine inspections after 3 and 5 years of new car ownership, followed by annual inspections thereafter.

They come down really hard on exhaust mods and mods to the engine capacity (the latter can get your car impounded and you thrown in jail for it). But they even fuss about the stupid stuff, like the design of number plates, and aftermarket HID lamps.

Not to take away from my country's achievements, but this regime can get tiresome in their hypocrisy, etc. If you haven't lived here as a subject...er citizen, you really cannot know.

 

Great to see Singaporeans here. I'm from SG too currently driving the exact same car as unclecomfort hehe.

 

A Porsche 911 in Singapore can cost a million USD, I think, with all the taxes and fees. Yeah Singapore sucks 'cause it's a nanny state. No fun in nanny states. Hong Kong and Japan is more fun.
Any idea, how much a Nissan GTR costs in Singapore? I think they have 1 in stock in whole of Singapore.

 

P911 : Not so much. A new GT3 would sell here for approximately $450k-500k SGD, which is about 325,000 -360,000 USD

Base GTRs are going for about 280,000 SGD here (about 200,000 USD) from the Parallel Importers. Don't know how much more the dealers will charge.

 

congrats

 

THAT IS exactly my point .. have you lived elsewhere for 1/3 your life ????? on what basis then do you compare this ??

I've lived and worked in singapore for more than 10 years .. trust me .. you guys only know how to complain .. you have not seen what the outside world is REALLY like ..

Have fun .. you just proven my point .. I'll not dirty up Uncle's threads anymore ..

 

Oh really? 10 years as an expat and that gives you carte blanche to override my opinions?

Let me tell you something, Mr "Foreign Talent" - people like you are almost always treated much better by the system than the locals who have paid their dues (been born here, done 2.5 years National Service, etc.). That's a simple truth, and it's also one of the things Singaporeans "only know how to complain" about - because it's bloody true!

So don't for one second think your experience is anywhere near representative.

And how much of the outside world have YOU seen? How long have you lived in places OTHER than Singapore and the USA (or wherever you came from)? Until you've spent extended amounts of time in many, many places, you have no right to fling about condescending half-baked opinions like you've been doing.

Each country has strengths and weaknesses, I never disputed that. But you choose to attack my sincerely formed and held opinions of my own country, you'd better have a *******ed ironclad case.

Either way, I'm done talking to you too. TROLL.

 

Its always a great feeling to get a new car.