Tag Archives: expensive

Recently, I'm starting to wonder if I'm slowly slipping out of the "middle class" bracket and into the "low income" bracket. My wife and I are both working and we earn average incomes, combined about 10K a month. Our children are in school and expenses are getting super high.

Despite Lee Kuan Yew earning millions of dollars throughout his political career, it seemed that he led a spartan and frugal lifestyle. But what the mainstream media failed to mention was Lee Kuan Yew's lavish dining habits by the average Singaporean standards. Lee Kuan Yew did not eat at hawker centers, neither did he dine at coffee shops. What we do know is his love for Japanese cuisine, an expensive dining experience.

In 2011, not long after Minister Lui Tuck Yew took over as the new Transport Minister, he gave a wide-ranging interview to the media promising that the new growth rate for COEs will not be zero. Fearing that would-be car buyers would be angry because of the cut, he promised everyone that the allowable vehicle growth rate would not be zero since this would “bump up against the aspirations” of those who needed a car. Yesterday (11 Mar), he sent his deputy, Senior Minister of State for Transport Josephine Teo, to tell Parliament that the annual allowable vehicle growth rate is likely to go down to zero.

A netizen sent us two photos of her latest cancer pills which cost her close to $5000 and it will only last three weeks! One tiny bill effectively costs almost $250... Imagine chalking up $5000 of medication every three weeks...the total amount is mind-boggling.

Singapore has retained its position as the world's most expensive city, according to research by the Economist Intelligence Unit (EIU). The top five most expensive cities in the world remain unchanged from a year earlier and include, in descending order, Paris, Oslo, Zurich and Sydney. Singapore was found to be 11% more expensive than New York for basic groceries.

According to the Statistic from the HDB and major property firms, the Top 10 most expensive HDB sold till date for the year 2014 all transacted above $900000 (AGAIN ) We have 2 HDB units crossed the 1 Million dollar physiological benchmark. Guys, if you are staying in Bishan, congrats. Out of the Top 10 Most Expensive HDB flat in Singapore, 5 came from Bishan. And 2 of them has transacted $1000000 or above. Frankly speaking, Bishan is very convenience with 2 MRT lines and various famous school are located there. No wonder it is so popular among Singaporean.

Even the Bundesliga charges lower for their games. You can watch Bayern Munchen and Borussia Dortmund at around 5 Euros (standing). For the equivalent of S$18, you can be assured of a seat, and that's top class football. What's the SSC and FAS trying to prove? Unless the operator is sacked and replaced by a local who understands the passion and means of ordinary Singaporeans, then the National Stadium will continue to be a rip-off and a soulless stadium for the rich, for concerts and for foreign teams to come play for a fee. It cannot be considered a National Stadium for Singaporeans.

In 1965, a minister was paid a monthly salary of $2,500. 45 years later, a minister’s monthly income (Grade MR4) had risen by 5,200% to $131,991 ($1,583,900 divide by 12 months). It was only after heavy election losses that the PAP reduced ministers’ salary to $1,100,000, translating into an increase of 3,600%. In 1970, Lee Kuan Yew said it would “be impossible to attract men of integrity and ability to become ministers with the existing pay once the current ministers leave office”. Maybe Lee’s ‘ability’ referred to the ramping up of GDP only.

The restaurant owners defended their pricing yesterday (21 Aug). They say that the prices are a result of the area’s high rents, which have almost doubled in the last five years. At Harvest Seafood Restaurant, live sea bass is sold for $7 per 100g. At Fuqing Marina Bay Seafood Restaurant and Haven Lobster & Seafood Restaurant, it costs $9 per 100g, while two outlets run by Forum Seafood Village charge $9.80 per 100g.

Certificates of entitlement (COEs) ended higher across the board at the latest tender Wednesday, driven by new model launches in recent weeks. COE for cars up to 1,600cc and 130bhp finished at $64,600, up from $62,890 two weeks ago. COE for cars above 1,600cc or 130bhp closed at $68,689, up from $65,001.