John Chow, the famous Canadian-Chinese blogger I follow, was in Singapore and he found out the price of driving a car here. He talked about COE, ERP, Car Park and fuel price. The very reasons I gave up owning a car and also because I am not “one in six Singapore household having over $1 million in disposable assets”.
“These crazy high prices may explain why one in six Singapore household have over $1 million in disposable assets (the highest percentage of millionaires in the world). If you decide to live here, or just visit, bring LOTS OF MONEY!”