16/08/2022
I don't stay in a prime location, so that means I should get a car, right?
This question presents a false dichotomy. One that many confused, young middle-class Singaporeans find themselves asking as they are bombarded by financial information & saddled with purchase decisions that come with starting a family.
COE prices alone have surged, hitting a new record since 1994. In a country with arguably the best public transport system and the most ludicrously priced cars, one would assume that the answer to the question is obvious.
However, when traveling time comes into play, the question of purchasing a car begins to loom for those who live further away from work.
https://bit.ly/3C7LmjY
Young middle-class Singaporeans find themselves asking this question: do I own a car and stay in a non-prime estate, or stay in a prime-estate & enjoy the convenience without a car?