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12/12/2019 10:45:08 AM

Supercars costing millions wrecked by flash flood in Singapore

Paying exorbitant prices for supercars may be a drop in the ocean for multi-millionaires, but they could do without their luxury motors being flooded - in their own underground car park.

This was the devastating scene after millions of pounds worth of exotic motors were wrecked when a flash flood hit the basement of one of the world"s most exclusive apartment blocks.

The St Regis Apartments on Singapore"s coastline cost up to £10million and the car park is packed with luxury motors.

But the mega-rich residents are counting the cost after a warning system failed to alert them to potential flooding.

As a result a dozen supercars were submerged up to their wheel arches - including a yellow Ferrari 458 Italia and green Lamborghini Gallardo parked next to each other.

The owners have to pay huge taxes on imported luxury cars in Singapore, with the models costing significantly more than they would in the UK.

As a result both the Lamborghini and Ferrari cost more than £550,000 each while a Rolls-Royce Phantom parked near them is a staggering £885,000 - £500,000 MORE than in the UK.

It is estimated the cost of repairing the vehicles will run into hundreds of thousands if water has made its way into the interiors or affected the electrics.



Supercars costing millions wrecked by flash flood in SingaporeSupercars costing millions wrecked by flash flood in Singapore

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