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Recipients were received after luxury car sales in Singapore, buyers, the government’s transparency was transparent and in response to $ 2 billion in a cash detached scandal.
The number of first Bentley, Jaguar and Rolls-Royce models compared to 2023 last year compared to 2023, washing a money that washed the water of the police, washing a money.
“The majority of luxury cars purchased in recent years were by Chinese customers,” he said. “You see the market stagnation now after the scandal.
“I still have Chinese customers, but they want to keep a low profile, so the whole market has slowed,” Lee added that customers preferred Electric vehicles.
The Chinese manufacturer, especially the second-top sold car brand, was rocked for BYD, especially Singapore After entering the market in just 2020 last year.
Byd Sale in 2024, 6,191, Tesla, Tesla sales, land transport organization, Tesla sales increased to 2384.
At the same time, the new Rolls-Royce sales in new rolls last year, the figure from 95-23 fell to Ferrari from 97-29 to 27. The number of new jaguars fell to 27, and Bentley sales fell to 58.
Bentley decreased by rejecting new versions of the continental GT and the existing existing models that fly to the market. Waiting for sales to improve with the availability of new cars.
Jaguar refused to comment on Ferrari and Rolls-Royce.
Singapore, in recent years, especially in Chinese citizens, because the Asian Premier Asset and Wealth Management Center, but ambitions are also in risk.
The city-state was shaken by one two years ago money washing work Attracting people related to a bunch of China’s Fujian province. During the raids on the properties on the island, the police seized 77 vehicles.
In a property, four cars with a combined value, 4.7 million US dollars ($ 3.5 million) were seized, including Red Rolls-Royce Cullinan, Red Porsche 911 Tark and White Toyota Alphard.
“You see very few red rolls in the red rolls around Singapore these days,” he said, 10 people attended the work where 10 people were arrested.
Dealers, one of the reasons for reducing new luxury vehicles, was reportedly sold back to the market of confiscated cars. Singapore Justice Minister K Shanmugam, last month the government has sold 33 of the cars seized so far.
Luxury car dealers to the government of Singapore in response to Scandala, Real Estate Agents and Gemstone Vendors Check financing sources For buyers suspected of the most expensive products and criminal connections.
“There are (always) to do the necessary work on customers, but it has become more sensitive to money washing,” Lee said.
Luxury car sales produced with a higher tax introduced in 2023, to cool the government is accepted as paragraph Covid-19 comes out of the pandemia.
Taxes in the most expensive cars – more than $ 80,000 – 320 percent increased by 320 percent. The government also presented changes to restrict the sales value of cars.
Another review for buyers is the price of legal certificates they received before residents are allowed to buy a car. Prices are based on an offer system to control the number of vehicles on the road.
For the strongest models, the certificates are currently only from $ 96,000, but $ 96,000, but $ 96,000 to reduce the requirement of the 2023, but below the $ 150,000 Pricetag.
