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1,526 5th Gear

About awhtc

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    5th Gear

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  1. awhtc

    2019 facelift Honda Shuttle

    I just realised that the petrol version has to enjoy the $10k VES rebate to make any financial sense for PI. However, the OMV of $22k+ is on the high side since it is equivalent to the hybrid version.
  2. awhtc

    2019 facelift Honda Shuttle

    For Honda Shuttle petrol, if: the OMV is around $22k+ (https://www.onemotoring.com.sg/content/onemotoring/home/buying/upfront-vehicle-costs/open-market-value--omv-.html?year=2019), the basic car cost without COE is already about $52k (https://www.onemotoring.com.sg/content/dam/onemotoring/Buying/Car_Cost_Update/Car_Cost_Update.pdf) - proxy HRV 1.5 LX CVT Given that the: the PI's average selling price is around $90k (https://www.sgcarmart.com/new_cars/newcars_overview.php?CarCode=11745&Subcode=6990), COE (Oct 2019) is around $34k, the gross profit will be about: $90k (selling price) - $52k (car cost) - $34k (COE) = $4k, excluding logistic cost, emission test, warranty, tax, rental, commission etc. Effectively, that will mean a loss for the PI. Am I missing anything here? 🙄
  3. awhtc

    2019 facelift Honda Shuttle

    2019 New(MC) HONDA SHUTTLE HYBRID 1.5L 4WD - Exterior & Interior https://www.youtube.com/watch?v=XL1TwOyyFqc
  4. awhtc

    2020 Lexus LC Convertible

    I never understand why some drivers like to drive in such open-top cars when the air along the Singapore roads are so pollutive. After freshly washed my car and driving around for 30 min, there will always be a thin layer of greasy grime on my glass surface.
  5. awhtc

    Property in Johor

    Property speculators attracted by lowered threshold for foreigners to purchase Malaysian property: Sin Chew Daily https://www.straitstimes.com/asia/property-speculators-attracted-by-lowered-threshold-for-foreigners-to-purchase-malaysian
  6. Cam car driver was in the wrong. The blue car was already partially in the lane when cam car driver decided to speed up.
  7. awhtc

    Mercs: property news & updates

    Singapore is already testing the concept of polders to increase land. National Day Rally 2019: Land reclamation, polders among ways S'pore looks to deal with sea-level rise https://www.straitstimes.com/politics/national-day-rally-2019-land-reclamation-polders-among-ways-spore-looks-to-deal-with-sea
  8. There are a lot of heavy vehicles and vans speeding.
  9. awhtc

    Mercs: property news & updates

    Singapore was almost in recession in the last quarter but the property buying was still relatively intensive. I wonder why property buyers are still so bullish.
  10. COE quota will be slightly reduced in the next quarter: Certificate of Entitlement Quota for November 2019 to January 2020 https://www.lta.gov.sg/content/ltagov/en/newsroom/2019/10/1/coe_quota_for_nov2019-jan2020.html
  11. awhtc

    Mercs: property news & updates

    My take is HDB will extend the lease of HDBs via owners top-up after all the improvement works. 99 years lease is afterall just a number.
  12. awhtc

    Property in Johor

    The RM $1 mil restriction was poorly implemented. Now the government regretted and reversed the decision. However, it is too late.
  13. It is good to keep Dyson's boss vested in Singapore. Asia is still growing fast and I hope he can invest in other high-end manufacturing in Singapore.
  14. Dyson shows it's easy to make electric cars, but hard to make them commercially viable https://www.straitstimes.com/business/companies-markets/dyson-shows-its-too-easy-to-make-electric-cars