Inflation coming to hit us hard.

[Beregond]

On 1/2/2024 at 5:36 PM, Throttle2 said:

For them it is not cheap at all.

Singaporeans go there and mess it up for them although we also bring tourist dollars….. 

only those who do tourist business huat.  If work in factory or office, got nothing but highcost

I think if u are their locals there. There are many cheap option around.

Like in sg we dun go to tourist spot to eat. 

Those spot that alot of sg go is like their tourist spot.

[Throttle2]

On 1/2/2024 at 5:42 PM, Beregond said:

I think if u are their locals there. There are many cheap option around.

Like in sg we dun go to tourist spot to eat. 

Those spot that alot of sg go is like their tourist spot.

Fair enough but still, Sinkies go oer and spend like that, all the johoreans doing business up their prices too. 
 

just like how in Singapore, all the true millionaires from overseas drive up prices .  
 

 

[Fcw75]

On 1/2/2024 at 5:42 PM, Beregond said:

I think if u are their locals there. There are many cheap option around.

Like in sg we dun go to tourist spot to eat. 

Those spot that alot of sg go is like their tourist spot.

It’s a cycle bro.

Tourist don’t come to my estate hawker centre makan but the price of egg prata increased from $1.50 to $1.80 and now $2. 

[Stratovarius]

On 1/2/2024 at 5:04 PM, mersaylee said:

That syt say until liddat can almost sleep her...i mean slap her...actually...can slap then sleep...😁

No la no la. The england sub and chinese sub is different. The england sub anyhow anyhow. 🤣

 

On 1/2/2024 at 3:38 PM, Tianmo said:

I eat vegetarian food very often, like maybe 4-5 times a week, and I think your  $4 is consider reasonable. Bee Hoon and rice is different price hor, I think there is a 80 cents to a dollar difference between white rice and fried been Hoon. 

But I know how it feels since we have gone through those $2 era. But we cannot always live in that era and keep looking back. 

I had a discussion with my son over lunch some months back on this topic. His reply actually make sense to me. He said, yah he knew how cost has gone up from our family meal time chit chats, but they cannot feel it, because when they started paying for food it was already going at this rate, is the same as you won't understand when ah gone always said his time chwee kuay was only 5 cents and 3" big.

 

no need see so far back. just compare 2020 to 2023. Yes inflation is always there. Just that it rises very steeply the last couple of years due to covid and the interest hike. 

 

[Didu]

Utilities bill up(without S&CC rebate), plus GST hike. It feels like kenna F at both ends. Maybe some folks enjoy this kinda sensation.  😅 

[Throttle2]

On 1/2/2024 at 6:11 PM, Stratovarius said:

No la no la. The england sub and chinese sub is different. The england sub anyhow anyhow. 🤣

 

no need see so far back. just compare 2020 to 2023. Yes inflation is always there. Just that it rises very steeply the last couple of years due to covid and the interest hike. 

 

Yup it aint about 20yrs or 10 yrs ago. Just look at 2-5yrs ago.

Every basic thng is up easily 30% to 50%….

but income? Maybe for a small handful up 10% in the same period.  
For me, zero up…. so its best to retire and stop paying taxes as soon as possible.  Not worth it. 😁😂
 

 

 

[Ct3833]

Any GST impact so far? My regular brakfast increase by 10 cent from  3.60 to 3.70, seems ok, though higher than 1% GST hike.

Edited January 3 by Ct3833

[13177]

On 1/3/2024 at 8:16 AM, Ct3833 said:

Any GST impact so far? My regular brakfast increase by 10 cent from  3.60 to 3.70, seems ok, though higher than 1% GST hike.

Got, my regular lunch increased $1 and some of the stall that i buy regularly increased $0.20 to $0.50. 

[Wt_know]

there is a legendary saying

“WHAT’S WRONG TO COLLECT MORE !”

oops … excuse for the caps … muahahaha 

Edited January 3 by Wt_know

[inlinesix]

On 1/3/2024 at 8:16 AM, yishunite said:

Gahmen hike GST in 2 phases to "make it easier" for us to adjust gradually to 9% but actual fact only make it easier for business to hike prices by more... now lagi best got "offer" to "absorb" GST (but all those old stock from 2023 was supplied at lower cost). Anyone think prices only went up by 2% in last 2 years? Most idiotic implementation ever

The increase of 2% pts is an increase of 29% in price.

[Wt_know]

On 1/3/2024 at 8:56 AM, inlinesix said:

The increase of 2% pts is an increase of 29% in price.

2% kopi powder

2% milk

2% sugar

2% water

2% electricity

10% rental

20-30% price increase for consumer is about right … lol

 

Edited January 3 by Wt_know

[Windwaver]

On 1/2/2024 at 3:45 PM, Watwheels said:

Ate at JB pasar malam recently, I also dont find it cheap. KSL night street market just around the KSL mall. Only on Monday evenings tho, 5pm onwards. To us it's cheap due to our strong currency exchange rates.

Satay, $1 ringgit a piece be it chicken, mutton or beef. Not oily and good.

Carrot cake $6 ringgit a packet. Not oily also. Taste good.

Mango glutinous rice $8 ringgit I think. The glutinous rice has 3 colours, blue, green and white. Ok lah, mango is fresh.

Got a lot of other good food like oyster omelette and Chinese roasted meats. A lot of fruit stalls and even yong tau hu stores. I think got stinky toufu too. Bring cash. Tabao only. If you stay at the ksl hotel or condo(airbnb) you can get to enjoy the food in comfort. There's a convenience store(Avery-Day) nearby but with limited tables & chairs with umbrellas(at its rooftop) you can sit down and enjoy. I mean if you are not staying the night. 

Cost of living for the locals is also not cheap. This night market is more like for tourists I mean Sgporeans.

Yeah, not cheap, sometimes even with the exchange rate bonus , considering the effort to go in.

Edited January 3 by Windwaver

[Throttle2]

The number one way to deal with inflation is to press real estate values and prices down.  

instantly , inflation will go away. 
 

who else but who else can do that in SG?  
no pain no gain lah.  

 

[Windwaver]

On 1/2/2024 at 3:57 PM, Stratovarius said:

WFH today. So walked to coffeeshop for lunch. bak chor mee $5.50. TMD. how to tank? my wife asked if i want kopi, i told her no. Go home make my own. lol.

[Windwaver]

On 1/2/2024 at 7:22 PM, Didu said:

Utilities bill up(without S&CC rebate), plus GST hike. It feels like kenna F at both ends. Maybe some folks enjoy this kinda sensation.  😅 

 

[mersaylee]

On 1/3/2024 at 10:10 AM, yishunite said:

Other country hike interest to absorb inflation, for us the raise only push up inflation cos borrowers are mainly developers and instantly push to consumer. If landlord anyhow hike rent and get away with it means yield and therefore prop price is only going up up up... since in Sg land is super limited, landownership is monopolistic plus we got HNWI magnet policy. There is no way for it to come down under normal circumstances

But got 2 possibility:

1) global recession (local recession unlikely thanks to open backside policy)

2) opposition shock win throw out PAP and suddenly all FT loss faith in Sg and run road (possibly also cause minor recession)

🤨

The lust one they lost liked 9%...rised to 9% now as reminder donch anyhow make them slide further...or else...😅

But I no worries...i trust our civil servants...ministries and institutions...less the lta...and...😂

[mersaylee]

Heng ah...my regular stalls at workplace no price hike...yet 😂

Overheard many grumblings...boycott boycott...let's see who wins...slimmer waistline betterer than wallet...😁

[Stary]

Today my caipng of one meat, one veggie and one egg is $5.00.  

Kopi increase 10 cents to $1.40

Think I have to go back to two dishes on my caipng liow.....😥