Parisilk is not an unknown shop. Maybe it is to you, but that doesn't mean you can write it off. They actually do give very good deals on the whole. I did visit them while doing my price checking for a camera.
The real moral of the story is to do your price research before committing to a purchase, any purchase.
Hmm.... I've been to inquire and bought things from Parisilk before. Can't say I've visited the one at Bedok cos I know a couple of the folks at Holland V..... but it's not unknown. I think they're really big (At least the HV joint) with the expat community.
I'd agree with caleb that one's gotta know the market before jumping in to a deal..... need to do some homework and research.
Eric is right.... this is just a small sum of money and could have been worse. Take it as a lesson. Little harm done. Better now on a simple tripod than later on something costing more $$$$ ! But don't let this dampen ur urge to shoot photos aye ?!