My Singaporean friend who travels to Hong Kong regularly in his regional marketing job, told me that he has stopped buying electrical products in Singapore as he could get them at least 20% cheaper in Hong Kong including controlled products like iPad and iPhone. I asked him to send me specific examples about the difference in prices.
His observation has confirmed my gut feel that Singapore has become very expensive in recent years due to high property prices, high rentals, GST, and high operating cost and inefficiency.
A few months ago, I wanted to buy a device to run my PowerPoint presentation remotely on my laptop. The shop in Thomson Plaza offered me the device for $120. I refused to pay this high price. Later, I found a good quality alternative (not the same brand) for less than $20 (including mailing) through the Internet.
His observation has confirmed my gut feel that Singapore has become very expensive in recent years due to high property prices, high rentals, GST, and high operating cost and inefficiency.
A few months ago, I wanted to buy a device to run my PowerPoint presentation remotely on my laptop. The shop in Thomson Plaza offered me the device for $120. I refused to pay this high price. Later, I found a good quality alternative (not the same brand) for less than $20 (including mailing) through the Internet.
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