I pretty much expected this... This fever is contagious...
What's worrying is it might affect the local ADs..
Unless Canon Singapore announce an increase in price, I doubt the AD will increase theirs.
In the first place, I do not think Canon Singapore will increase price now, in fact the pressure is on them to reduce price given what has happened in Malaysia.
I believe the grey market is the one affected. I will say that is a good move by Canon. If they continue to reduce their price, who will want to buy from grey market, ever :dunno: ?