SINGAPORE - Thanks partly to the Covid-19 pandemic, cycling is fast gaining popularity - not only as a leisure activity, but also as a mode of transport.Secondhand Brompton bicycles for instance, are advertised for as much as $5,000 to $8,000 apiece because new ones - which cost around $2,500 - are in short supply. And parallel importers are selling Dahon bikes for as much as 40 per cent more than what authorised agents were when they had stock.
Mr Paul Fam, 55, who owns a bicycle shop in Paya Lebar, said the clampdown on PMD usage had also contributed to the surge in bike sales, but noted that most PMD users had actually moved to e-bikes rather than conventional ones. Rafe Jadrosich, an analyst at BofA Securities who covers the bicycle industry among other sectors, said there has been"a significant surge in retail sales of bicycles globally since the outbreak of Covid-19".
Mr Jadrosich said the viability of cycling as a means of commute depends largely on available infrastructure - and not so much weather, which is often cited as one reason why Singaporeans have shied away from pedalling to work. Mr Hii, 30, a warehouse supervisor, has been cycling to his workplace in Joo Koon - about 17km away - before the circuit breaker phase.
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