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Fuck Cars
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Entry level racing bikes are about $3-5k these days. That's a top end Pinarello with custom paint. It might be $15k, but it's probably closer to $10-$12k with those wheels.
I'm the guy who puts my $8k mountain bike on the back of my 20 year old shitbox Honda when I drive to the trails
Not a biker, but it makes complete sense to me. Car = transport, bike = great pleasure.
and also, 15k would be like the cost of a drivers license there.
I don't know the actual numbers, but it is wicked costly to even get the privilege to drive there, let alone get a car.
Singapore has some of the best mass transit in the world. It rivals Japan and Spain in quality. And in a city as dense as it is, it kinda has to be or the metro area simply couldn't function. If everyone in Singapore needed to own a car to get around, the city would be in permanent gridlock 24/7.
It's one of "the rules" that bikes on top of your car should cost more than the car itself.
I think most people forget when you get these bikes it's like buying an f1 car in motorsports. That 15k bike is probably nearly identical to what the pros are running, like maybe they use a different hand grip or seat but for the most part that's a completely custom chasis, redesigned from the previous year and up to spec to compete in a professional capacity right off the bat.