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RBX374's in Singapore

Hi guys! I'm currently living in Singapore and have been looking into buying a new bass. I decided to take a look at Yamaha and tried out an RBX374. Long story short I researched it when I got home and found that at other places(probably out of country) it was selling for $350US when at the Yamaha shop it was selling for 750Sing. Even after the exchange rate it only comes out to $441 Sing. Could anyone explain why? And future thanks.
 

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