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Saturday, 29 July 2017

2017 Economy Task: Pre-Trip Task

The cost of living in Singapore (to be done before the trip)

No.
Description
Cost (SGD)
1
Find out from your parents or online the cost of a standard 4/5 room HDB flat (around 90-100 sq m) in Punggol?

$488,000
2
Find out the current cost of a brand new Toyota Vios.?

$95,000
3
What is the unit price of i) water and ii) electricity in Singapore?

i)  $1.17
ii)  $0.2139

4
How much is your school fee?

$10~$15
5
How much is one litre of petrol (95 unleaded)?

$1.90
6
How much is one movie ticket on a weekend?

$12~$13
7
What is the average salary of a Singaporean?

$5,943
8
One big mac meal?

$8








9
SUPERMARKET SWEEP


-       Cheapest 10 kg packet rice

$12.20
-       Cheapest one litre drinking mineral/distilled water

$2.70
-       Cheapest fresh whole chicken (refrigerated not frozen)

$5.90
-       Cheapest one litre of cooking oil

$11.95
-       Cheapest one litre of fresh milk

$2.80
-       One can of 330ml Coke

$0.80
Take note


-       Are plastic bags provided free?

Yes
-       Who are the cashiers (age, nationality) ?

Part Time



The cost of living in China (to be done during the trip)

No.
Description
Cost (SGD)
1
Find out the cost of a standard 4/5 room apartment (around 90-100 sq m) in that city.

$1,000,000
2
Find out the current cost of a brand new Toyota Vios.?

$14.06~$ 22.72
3
What is the unit price of i) water and ii) electricity in that city?

i)  $0.17~$2.62
ii)  $0.10

4
How much is your buddy’s school fee?

$67.85
5
How much is one litre of petrol (95 unleaded)?

$1.18
6
How much is one movie ticket on a weekend?

$5.30~$8.40
7
What is the average salary of a PRC in that city?

$1213.60
8
One big mac meal?

$ 6.04








9
SUPERMARKET SWEEP


-       Cheapest 10 kg packet rice

$11.94
-       Cheapest one litre drinking mineral/distilled water

$3.98
-       Cheapest fresh whole chicken (refrigerated not frozen)

$1.76
-       Cheapest one litre of cooking oil

$2.71~$8.14
-       Cheapest one litre of fresh milk

$2.78
-       One can of 330ml Coke

$0.46
Take note


-       Are plastic bags provided free?

No
-       Who are the cashiers (age, nationality) ?


20~50 years old
Mostly Chinese


Reference(s)

Cost of Living in China
The Hidden Costs of Education in China
Unit price of Gas, Electricity and Water in Beijing