*IF* Photoshop CS3 costs SGD300.00, it is definitely worth it!!!!
Because I remember Photoshop (not Elements) software to be about a thousand bucks, something like that? Retails in U.S. for US$630+, that much I know.
I'm using the Academic Version of a cheaper alternative, Corel Paint Shop Pro Photo X2, and even that set me back about $150.
I seriously think it cannot be SGD300 for CS3.