is just the deposit... retail 3800SGD, street price now 3000SGD. It'll be released this September, coinciding with the second Hour Glass TEMPUS Fair (Biggest watch fair in South East Asia).
Standard U1 is selling for about ~1900SGD, you can claim back 5% GST if you are not a Singapore's Resident. The U2 is close to ~3000SGD. You will get better deal if you are purchasing online due to weak US dollar currency. However, the cheapest Sinn still comes from factory (you'll get a discount). Grab one when you're in Germany/Frankfurt am Main area.