30 Jun '12, 2am

7 Overpriced Products in Singapore (2012) - Yahoo! Singapore Finance via @YahooSGfinance

Every thing in Singapore is expensive due to super high rentals. And who is suffering more?? The answer is Singaporeans. Take this as an example: 1 T-shirt costs S$ 5, they sell in the market at 20, The rent of the shop is 15k to 18k. So to cover the rent, they have to sell minimum 1,000 T-shirts. How bout the salary of the staff, savings for the family?? Think if a shop could sell 1,000 pcs in a month? Remember there are thousands of shops all over..means super high competition. I pity Singaporeans. Look the Senior Citizens aged 60+, 70+ can't walk properly, but still working. Why? Can't Government do something about this? This is their age where they should take complete rest. Their own Matured Son/Daughter are not stopping them to work but pushing to go out and work instead. Why? Because they are having a tough time in paying super high rent and Government isn't doing s...

Full article: http://sg.finance.yahoo.com/news/7-overpriced-products-si...

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