It depends on where you live but I reside in Singapore where a standard Toyota Corolla costs $97k USD, while an Audi is about $373k USD. Given the price range of cars, the cost of living here is notably high. And we have this Certificate of Entitlement (COE) in Singapore is a quota license required for vehicle ownership.It allows individuals to register and own a car for a period of 10 years only! Roughly about $70k usd for that piece of paper!
In this context, the sight of someone wearing a Rolex while riding a bus or on train is very common
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