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http://www.straitstimes.com/BreakingNews/Singapore/Story/STIStory_677068.html
Singapore
Home > Breaking News > Singapore > Story
Jun 7, 2011
Damage will most likely be covered by insurance
By Daryl Chin
A car submerged at the St Regis Residences' basement carpark. It was one of about 40 damaged by the flood waters on Sunday, according to Mr Song, whose BMW M3 was also hit. -- PHOTO: MATTHEW SONG
HE had bought it only two months earlier, so investment banker Matthew Song was not pleased when he discovered his $350,000 BMW M3 partially submerged in a basement carpark.
Mr Song said his vehicle was one of about 40 damaged on Sunday when water poured into the St Regis Residences condominium in Tanglin Road. They included an Aston Martin and two Bentleys, as well as Ferraris and Lamborghinis.
There was one consolation for Mr Song, however. At least he had paid the $3,000 annual premium to insure his car.
The 33-year-old's vehicle has been towed away, while he waits for the damage assessment to be sent to him.
'It is a great inconvenience, but at least I can get something back, even though the car is not going to be the same again,' he said.
He is not the only one who will be breathing a sigh of relief.
Read the full story in Tuesday's edition of The Straits Times.
Photo gallery
Compiled By Priscilla Goi & Mareena
Singapore
Home > Breaking News > Singapore > Story
Jun 7, 2011
Damage will most likely be covered by insurance
By Daryl Chin
A car submerged at the St Regis Residences' basement carpark. It was one of about 40 damaged by the flood waters on Sunday, according to Mr Song, whose BMW M3 was also hit. -- PHOTO: MATTHEW SONG
HE had bought it only two months earlier, so investment banker Matthew Song was not pleased when he discovered his $350,000 BMW M3 partially submerged in a basement carpark.
Mr Song said his vehicle was one of about 40 damaged on Sunday when water poured into the St Regis Residences condominium in Tanglin Road. They included an Aston Martin and two Bentleys, as well as Ferraris and Lamborghinis.
There was one consolation for Mr Song, however. At least he had paid the $3,000 annual premium to insure his car.
The 33-year-old's vehicle has been towed away, while he waits for the damage assessment to be sent to him.
'It is a great inconvenience, but at least I can get something back, even though the car is not going to be the same again,' he said.
He is not the only one who will be breathing a sigh of relief.
Read the full story in Tuesday's edition of The Straits Times.
Photo gallery
Compiled By Priscilla Goi & Mareena
