Young Singaporeans are rushing to lock in big-ticket items like electronics, furniture and home appliances before the tax hike. Photo: Shutterstock
Young Singaporeans rush to beat GST hike, but will continue ‘YOLO’ spending habits
- Observers say the GST hike is unlikely to dampen spending for a generation of Singaporeans for whom job security is less of a concern than others
- The government is issuing handouts to Singaporeans and offering support for lower-income households ahead of the staggered tax hike
Young Singaporeans are rushing to lock in big-ticket items like electronics, furniture and home appliances before the tax hike. Photo: Shutterstock
