How much does it cost to raise a child in Singapore from baby to 18?

According to this article (http://dollarsandsense.sg/the-cost-of-raising-a-child-in-singapore-explained-for-the-average-singaporean/ | published in Nov, 2015), it will cost at least (est) $79000 to raise a child in Singapore from baby to 18. The article gave two estimated figures (basic, and premium) for the various life stages of a child. I took the sum of the "basic" costs. A simple table is provided at the end of the article for you to put in your own estimated figures to calculate how much do you think you will need to raise your child.