why are you looking at shopee  they literally jacked up the price more than 50%.

If you get straight from Decathlon it is RM459.

https://www.decathlon.my/p/8491829_reinforc...ghts-bench.html

Rather than me vouching for it, why not you go and test it out at Decathlon? I wanted to get one myself initially but since i already spent 500 bucks for a heavy duty flat (non adjustable) bench, i shelved the idea. But i would for sure get this myself if im looking for one.
Not sure if Decathlon's bench can be folded like the one you shared, but for just basic fitness use with lightweight DB, the folding one you shared should be good enough. Review seems decent too.