
Originally Posted by
number001
he he he...actually if one can acquire a new car in Singapore, they can be considered rich by Philippine standards already, since vehicles in Singapore cost roughly quadruple the price of the ones in the US or double the prices of that of the Philippines (imports only, not those locally assembled in Laguna).
For example, in the US, if an entry level BMW 525i series can be readily acquired for $42,500 ( Php 2,380,000 * Php56=$1). In the Philippines, the same BMW 525i will cost Php 4,783,000 (or about double the price). In Singapore it is roughly Php 9,520,000 (+/-) or double that of Philippine prices and quadruple US prices.