I'm pretty sure it's either a G1.5 or G2 red, but you might want to turn off the red lighting and take another pic for us to ascertain its identity. SGD$300 can easy get you a high quality HBRTG given the plunging prices of aros or even a true red from certain LFS. In addition, ALL RTGs, XBs and REDs come with a certificate, you might wanna report this to the relevant authorities as I believe it's illegal to see true super REDs without their certificate.
P.S. Since you mention that you purchased it in SGD, I assume you bought it in Singapore?