The Dahon Boardwalk in Malaysia and Thailand is fitted with a cassette hub..The Dahon SUV 6 speed should be a lot cheaper than the price you quoted..In Thailand it is priced about 8000 Thai Baht and the Boardwalk is 14000 Thai Baht ..The Speed P8 in Thailand is about 18000 Thai Baht but it has the option to change it to 16 speed with a front derailleur braze on..If you have the money the P8 is a great bike.. but if you only want to do short tours in flattish areas the Dahon SUV will do a good job..Comes with a pannier rack and fenders..IAll down to what you want to do..I recently did a weeks tour in Southern Thailand 300 Kms in a week on an old Dahon 6 speed..no problems..and you can carry a decent sized bag on the pannier rack but it must not be wider than the rack otherwise your heels will hit the bag..