Singapore Family Car Matches Cost of a U.S. Home

Singapore Family Car Matches Cost of a U.S. Home

Munshi Ahmed/Bloomberg

Customers look at cars in a Volkswagen AG showroom in Singapore. Record economic growth in the city state is enabling buyers to splash out on Bayerische Motoren Werke AG and Daimler AG autos even as a 24-fold jump in the cost of a car permit inflates costs.