Owning a boat in Singapore ?
Discussion
Hi all, does anyone here have any experience of this? ... I went along to the yacht show at Sentosa at the weekend ...the idea of getting a boat is starting to look interesting [am I mad !?]
Boats don't have any COE or 13% stamp duty
..not sure what the running costs are like over here though [for a 40-45+ foot sloop or cat ]
..or what yacht clubs are recommended.
Boats don't have any COE or 13% stamp duty
..not sure what the running costs are like over here though [for a 40-45+ foot sloop or cat ]..or what yacht clubs are recommended.
that would be me then ..... own an old 35 ft racing yacht here !!!
if you are importing a boat its 7% gst + the required safety gear and a HARTS / AIS transponder
If you are buying a boat that is already singapore registered then it is just the transfer fee (less than $20)
You do however need a PPCDL (Power Pleasure Craft Drivers License) for anything with an engine, even a 2hp outboard. This takes a few evenings then a theory and practical test.
You will need a mooring for it, 40 footer in Kepple will run at about $600, double that for a cat (takes up two berths) or i pay about $130 a month for a swinging mooring at Changi.
You usually need to be a member of the club that you keep said boat at too, although i think Kepple and Raffles are the exceptions.
Give me a shout if you have more questions or just want to get out on the water, although mine is all about racing, no pleasure cruises!!
forgot - anual license for the boat - about $150, and an inspection every 3 years, this has no cost.
Other bills just depends on how much you want to look after the boat, mine gets alot of use, not including beer i probably average just under $1000 a month if you factor in the occasional big ticket item like new race sails etc.
if you are importing a boat its 7% gst + the required safety gear and a HARTS / AIS transponder
If you are buying a boat that is already singapore registered then it is just the transfer fee (less than $20)
You do however need a PPCDL (Power Pleasure Craft Drivers License) for anything with an engine, even a 2hp outboard. This takes a few evenings then a theory and practical test.
You will need a mooring for it, 40 footer in Kepple will run at about $600, double that for a cat (takes up two berths) or i pay about $130 a month for a swinging mooring at Changi.
You usually need to be a member of the club that you keep said boat at too, although i think Kepple and Raffles are the exceptions.
Give me a shout if you have more questions or just want to get out on the water, although mine is all about racing, no pleasure cruises!!
forgot - anual license for the boat - about $150, and an inspection every 3 years, this has no cost.
Other bills just depends on how much you want to look after the boat, mine gets alot of use, not including beer i probably average just under $1000 a month if you factor in the occasional big ticket item like new race sails etc.
Edited by XJSJohn on Monday 30th April 10:15
XJSJohn said:
ohh we have our moments, both good ....
and not so good
35 knot squall and a certain smart arse decided to try running dead downwind only to broach ..... twice
Lucky we did not Chinese Gybe
and not so good
35 knot squall and a certain smart arse decided to try running dead downwind only to broach ..... twice
Lucky we did not Chinese Gybe
..should have tried goose-winging downwind [pole out the cruising chute ]what is a Chinese Gybe [capsize ?]
with a square spin that is goose winging, spin pole to port, main boom to starboard. Unfortunately Sumatra is an old school IOR boat so when at hull speed starts getting death rolls!!
Cruising Chute?!?! Pha, thats not racing
Chinese Gybe - thats when you lay the mast in the water, with the boom still in the air!!
http://www.youtube.com/watch?v=ySdfQaRlh4k
So what you after, thinking liveaboard (quite a few people doing that at these days) Cruising, racing or fanny magnet?
Cruising Chute?!?! Pha, thats not racing
Chinese Gybe - thats when you lay the mast in the water, with the boom still in the air!!
http://www.youtube.com/watch?v=ySdfQaRlh4k
So what you after, thinking liveaboard (quite a few people doing that at these days) Cruising, racing or fanny magnet?
XJSJohn said:
Chinese Gybe - thats when you lay the mast in the water, with the boom still in the air!!
They can also be pretty effing dangerous, because on a boat with runners the main gets pinned in and the risk of losing the rig is greatly increased.Did it twice in the space of about 2 hours during an offshore race in the UK - on an IMX 38.
Owner was pushing his luck (and was a bit crap, which didn't help...) by sailing too close to dead downwind, so when a wave kicked the back of the boat round he didn't react quickly enough and over we went...
Did the same thing not long after, at which point he was 'relieved' from the helm. Not sure if that technically counts as a mutiny, but we would have done a proper job if he'd carried on driving
XJSJohn said:
So what you after, thinking liveaboard (quite a few people doing that at these days) Cruising, racing or fanny magnet?
All 4 
may have to trade "liveaboard" and "racing"..
I would seriously consider something I could live on ...if rents continue up and up and condo's cant be purchased without X '00k in stamp duty. defo fanny magnet ..and I dont even look like Peter Stringfellow....
any idea what second hand liveaboards would cost [say 50 - 55 foot ? ]?
Nick M said:
XJSJohn said:
Chinese Gybe - thats when you lay the mast in the water, with the boom still in the air!!
They can also be pretty effing dangerous, because on a boat with runners the main gets pinned in and the risk of losing the rig is greatly increased.alfaman said:
XJSJohn said:
So what you after, thinking liveaboard (quite a few people doing that at these days) Cruising, racing or fanny magnet?
All 4 may have to trade "liveaboard" and "racing"..
I would seriously consider something I could live on ...if rents continue up and up and condo's cant be purchased without X '00k in stamp duty. defo fanny magnet ..and I dont even look like Peter Stringfellow....
any idea what second hand liveaboards would cost [say 50 - 55 foot ? ]?
If you want all options there is a Beneteau First 44 for sale here for 250,000 euro http://www.simpsonmarine.com/en/brokerage/brokerag...
if you want a true live aboard that can also sail anywhere
http://www.simpsonmarine.com/en/brokerage/brokerag...
naturally, you go a bit older and the prices come down.
http://www.simpsonmarine.com/en/brokerage/brokerag...
XJSJohn said:
modern 40 - 45 footers give a hell of a lot of very nice living space too, which will ease your budget.
If you want all options there is a Beneteau First 44 for sale here for 250,000 euro http://www.simpsonmarine.com/en/brokerage/brokerag...
if you want a true live aboard that can also sail anywhere
http://www.simpsonmarine.com/en/brokerage/brokerag...
naturally, you go a bit older and the prices come down.
http://www.simpsonmarine.com/en/brokerage/brokerag...
Thanks for the links - I met Simpson marine at the yacht show .. took me round a gorgeous 62 foot brand new cat ...absolutely huge inside and out, and a mere snip at around Euro1.4m ..approx S$2m.If you want all options there is a Beneteau First 44 for sale here for 250,000 euro http://www.simpsonmarine.com/en/brokerage/brokerag...
if you want a true live aboard that can also sail anywhere
http://www.simpsonmarine.com/en/brokerage/brokerag...
naturally, you go a bit older and the prices come down.
http://www.simpsonmarine.com/en/brokerage/brokerag...
There was a new 37 foot Beneteau for around $200k fitted out .. a bit small to live on , but would be OK for cruising even if a bit French/plasticky
. The 50 foot Beneteau was a real stunner .I fancy a Swan Nautors or Oyster ..but doubt I could stretch to that.
Edited by alfaman on Thursday 3rd May 07:04
alfaman said:
I fancy a Swan Nautors or Oyster ..but doubt I could stretch to that.
Mine is an Oyster, all be it a very old one, and not that luxurious!Edited by alfaman on Thursday 3rd May 07:04
Swan's are always way out of the ballpark on money, but are fantastic, Magic Dragon is a good example of this!
Only used Simpson for quick examples, but if you look about (boats.com / boat shed.com etc) you can find some good deals on stuff around the region, Langkawi and Phuket being good locations. Lots of round the worlders that run out of money / time in Asia so they go home and put the boat up for sale here.
Always worth looking at older stuff too, and ex charter fleet boats also.
alfaman said:
XJSJohn said:
Mine is an Oyster, all be it a very old one, and not that luxurious!
I did a bit of racing out of Raffles yesterday [nearly broached ].funny.....met the guy who was either the previous owner of your boat [or arranged the sale ?]
Bing o said:
alfaman said:
XJSJohn said:
Mine is an Oyster, all be it a very old one, and not that luxurious!
I did a bit of racing out of Raffles yesterday [nearly broached ].funny.....met the guy who was either the previous owner of your boat [or arranged the sale ?]
...Bing o said:
Is it really considered racing when the wind speed is about 0.5 knots...
think so .....had stormy gusts to 25+ knots at the start yesterday ... apparently the windiest for a year or two! the rest of the race was about 2-4 knots .... I asked why the race course was so small ... "so we can get back in easily when there is no wind !!!"
Very different to racing in the Solent
alfaman said:
Bing o said:
Is it really considered racing when the wind speed is about 0.5 knots...
think so .....had stormy gusts to 25+ knots at the start yesterday ... apparently the windiest for a year or two! the rest of the race was about 2-4 knots .... I asked why the race course was so small ... "so we can get back in easily when there is no wind !!!"
Very different to racing in the Solent
We had a bit more wind over at Changi, full brunt of the sumatra, one $70k carbon 20 catamaran trashed, one crew with a broken leg, and on a separate boat a broken back! These seasonal storms drop in with nothing more than 30 seconds notice, and go direct to 45 knots and zero viz! Like a mistral with attitude!
alfaman said:
XJSJohn said:
Mine is an Oyster, all be it a very old one, and not that luxurious!
I did a bit of racing out of Raffles yesterday [nearly broached ].funny.....met the guy who was either the previous owner of your boat [or arranged the sale ?]
I will have mine over at Raffles in August for the Western Circuit (and at RSYC for their regatta in July)
phumy said:
Bing o said:
alfaman said:
XJSJohn said:
Mine is an Oyster, all be it a very old one, and not that luxurious!
I did a bit of racing out of Raffles yesterday [nearly broached ].funny.....met the guy who was either the previous owner of your boat [or arranged the sale ?]
...more line Master Bates
XJSJohn said:
We had a bit more wind over at Changi, full brunt of the sumatra, one $70k carbon 20 catamaran trashed, one crew with a broken leg, and on a separate boat a broken back! These seasonal storms drop in with nothing more than 30 seconds notice, and go direct to 45 knots and zero viz! Like a mistral with attitude!
Ahh, happy memories of Changi yacht club. I was the mechanic at 'Yacht Solutions' run by Paul Gillen back in '91-'92. I went out racing on Sundays a few times when I first started there, but most times I would be asked down below after an hour or two to 'have a quick look' at some problems, then spend the rest of the day head down, arse up, fixing something, while everybody else sat topsides drinking beer and enjoying the sun.....
I remember one thing the yacht owners all complained about: the cost of moorings. Is that still an issue or has it got cheaper? Or do yachties still just complain about everything?
Gassing Station | Asia | Top of Page | What's New | My Stuff