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      08-03-2010, 01:28 AM   #59
fatpanda
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Drives: M3 E90
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Quote:
Originally Posted by GME92 View Post
Is Singapore a really big market for BMW? I'm just curious why Singapore was chosen over so many other major cities.
well in terms of $ per square feet, Singapore is something like top ten in the world on home prices. The property price gain within last 20 years is like 300-500% plus the currency is maintained by the local gov so USD-SGD was like 1.8 3 yrs ago, now its like 1.36.. its not a big market in #s but it is a market which does find M cars affordable.

in terms of GDP/capita, its also one of the worlds highest

some related news
http://www.cnngo.com/singapore/shop/...ngapore-350259