This is a hole that the policy makers dug for themselves. Risk is majority look at cost of car ownership in nearby countries and realise the disconnect. Singaporeans are generally docile and have short memories. Gestation period for bad policies to be changed is long.
:kok: now COE for small car is $92,100, up another $10,000+... oh no they are driving us CRAZY!!!! :mad2:
I think thay love these holes as they are filled with money at 80k a pop. Singaporeans are easy-peasy, they just whine and whine, that's all.
It's about right... in SG to buy one car, you must pay roughly for two. After all, we have world class public transportation system, and a severe lack of space.
It's about right... in SG to buy one car, you must pay roughly for two. After all, we have world class public transportation system, and a severe lack of space.
Transport Minister said in the news that land is scare in Singapore, controlling no. of cars on the road is very important. Therefore, it is government's policy to cut quotas for cars so that more people will take public tramnsport.
Due to the low quotas fro cars, price of COE will continue to surge. It will break the $100k anytime soon. We are the only country in the world that requires the driver to buy a piece of paper that worths $100k. No wonder Singapore is always no. 1 in many areas.
BBTM said:BS from them la. They should stop bringing more people and limits the car per address. I was shock that 45% got 2 or more cars. If my idea of charging 2nd car onwards at 5x the rate of the higher price implemented, see who dares to own multi cars. But govt want to make $, what can we do?
For a family living in a bungalow somewhere deep in Nassim Road say where they is no public transport at all, a car per family member is a necessity not a luxury.