In Singapore, a S $ 5million car that you can’t even drive on local roads
“These are obviously the ultra-wealthy Asians. China has a strong market for Bugatti and we are starting to see interest from Thailand, Indonesia, Singapore and Malaysia. In other words, almost all of our Bugatti customers have homes everywhere, ”Kwan explained.
“Many of our customers buy a Bugatti as an investment or collector’s item, or to be passed down from generation to generation. Many are limited editions, and there is a market for these exotic luxury cars, ”he added.
And that’s where the Bonded Gallery in Wearnes comes in.
This supercar storage facility is a collector’s dream, located on the eighth floor of a 200,000 square foot tower located behind the distributor’s showrooms on Leng Kee Road.
Built at a cost of S $ 30 million in 2019, this is where owners of rare supercars, vintage automobiles and left-hand drive cars can store their precious investments – unpaid duties and therefore cannot be driven on the roads of Singapore – in a climate – and humidity controlled environment to preserve the wood, leather and metal of automobiles.
This would be the first and only such facility in the country and a novel idea given that authorities are highly unlikely to allow owners of such vehicles to store their own cars in, say, their living room. or even a private garage.
Spotted during our recent visit to the Bonded Gallery: a few Ferraris, a panache of Porsches and an enviable blend of vintage Bentleys, Rolls-Royce and Jaguars. And, of course, a number of Bugattis in total five, including a € 5 million Bugatti Divo among the crème de la crème on display.