The price for a new barebone PC is less then $500?

I found a bargain in Sim Lim square that provide a motherboard and CPU(dual core) chip at less than sgd $500 and Kingston Ram 256. The speed is even faster than my old PC at home. I am really tempted to buy it But I still need to save up for this item. Hope that the promotion will last until I got enough money. GST HIKE :( 5% increased to 7% very hard to save money to buy office equipment. Really wish My life is like Harvest moon DS so that I can mine Jewel to sell :P