Actually hor, I saw the newspaper today (or was it yesterday), the EPL7 with basic 14-42mm lens are going off at $7XX in megastores. I believe street price will be lower than that. Can check that out. The EPL7 is newer (and I believe with a newer sensor and processor), would be very good.
In short, the Nikon V2 should meet most of your requirement, or you could go for Oly EPL7, stretch your budget abit, you can go for what Silvermoon had suggested, the Sony A6000 or a A5000 (closer to your budget). You can also go for the EOS M3. price for 18-55 is around 8XX though.
Do note that you can always go down to places like the Cathay Photo, SLR revo, Orient Photo, etc to check out street prices (which can be significantly lower than the SRP found in megastores like Courts and Harvey Norman). The full list (or quite a complete list of the recommended shops can be found;
Alan Photo, #02-07 Funan The IT Mall | 6883-0922 |
alanfoto@singnet.com.sg
Alan Photo, #01-38 Sim Lim Square | 6336-0922 |
alanfoto@singnet.com.sg
Cathay Photo, #01-11, 14 Peninsula Plaza (Main) | 6337-4274 |
email@cathayphoto.com.sg
Cathay Photo, Peninsula (Printer Section) | 6338-7783 |
email@cathayphoto.com.sg
Cathay Photo, Peninsula (Tripod Section) | 6338-0451 |
email@cathayphoto.com.sg
Cathay Photo, #02-215, Marina Square | 6339-6188 |
email@cathayphoto.com.sg
Iphoto (formally known as Lord's Camera) 304 Orchard Road, #01-79, Lucky Plaza, Singapore 238863 | 6235 4248 | 6235 4605 |
iphoto78@yahoo.com.sg
MS Color (Main), 711 Ang Mo Kio Avenue 8, #01-3501C | 6457-6380 |
sales@mscolor.com.sg
MS Color (AMK Hub), 53 Ang Mo Kio Ave 3 #02-24 | 6452-2828 |
sales@mscolor.com.sg
Orient Photo, #06-31 | 53 Sim Lim Square | 6339-1035 |
sales@orientfoto.com.sg
Parisilk (North), 7 Transit Road | 6452-1593
Parisilk (Central), 15A Lorong Liput | 6466-6002
Parisilk (East), Blk 214 #01-179 Bedok Central | 6441-6066
SLR Revolution, #05-K7 Funan Digitalife Mall | 6336-8767 |
slr.revo@gmail.com
T.K. Foto Technic, #02-14 Funan Digitalife Mall | 6292-4533
www.tkfoto.com.sg
Sorry, I have not been updating my knowledge on the shops and not sure if all the information are accurate. Anyway, you can try emailing them and ask for quotation and availability of the camera you want before going down to the shops.
I also cannot promise you which shop will give you the best price and value, you need to do your own homework.