The "5Cs of Singapore" is a colloquial term used to describe the aspirations of many Singaporeans. These five items represent what is commonly considered to be the markers of success and status. The 5Cs are:
- Cash: Having a substantial amount of money or wealth.
- Car: Owning a car, which is considered a luxury in Singapore due to high taxes and costs associated with vehicle ownership.
- Credit Card: Possessing credit cards, often associated with financial stability and purchasing power.
- Condominium: Owning a condominium, which is seen as a desirable form of housing compared to public housing.
- Country Club Membership: Being a member of an exclusive country club, representing social status and a certain lifestyle.
These aspirations reflect the materialistic values that were prominent during Singapore's rapid economic growth in the late 20th century.
I remember when i was young, there are even TV series talking about the 5Cs and how to achieve them and by achieving them, you have reach a certain status in life. It is still not uncommon for people in Singapore still striving for the traditional 5Cs. However times have certainly changed. Nowadays the new 5Cs are as follows.
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