What causes INFLATION?

[k1976]

In March 2005, COE premiums for Category A were around $20,654 and Category B around $21,710.
In April 2025, the COE premiums for Category A reached $97,724 and Category B $117,899.
It is safe to say that the overall cost of owning a car in SG has increased by well over 100% and even 200% for certain luxury cars over the last 20 years since CECA was signed by our gullible govt.

Not everybody drive a car, let look at some basic human needs that we need to fulfil 3x a day for yourself and love ones

2005 Fishball noodles is $2
2025 UNESCo or Michelin Fishball noodles is $8

Bring food to table has really reallly upgrade to Swiss standard of living task de woh

 

[True Believer]

Not everybody drive a car, let look at some basic human needs that we need to fulfil 3x a day for yourself and love ones
2005 Fishball noodles is $2
2025 UNESCo or Michelin Fishball noodles is $8
Bring food to table has really reallly upgrade to Swiss standard of living task de woh

S'poreans only have the Swiss Cost of Living.

 

[k1976]

In March 2005, COE premiums for Category A were around $20,654 and Category B around $21,710.
In April 2025, the COE premiums for Category A reached $97,724 and Category B $117,899.
It is safe to say that the overall cost of owning a car in SG has increased by well over 100% and even 200% for certain luxury cars over the last 20 years since CECA was signed by our gullible govt.

Most drivers of Ferrari and Masarati dun look Like CECA to me

 

[k1976]

S'poreans only have the Swiss Cost of Living.

I add on….at Jiuhu or Bengali quality ONLY

 

[True Believer]

Not everybody drive a car, let look at some basic human needs that we need to fulfil 3x a day for yourself and love ones

There are 524,418 private cars in S'pore. The population of SG is approximately 6,040,000. Based on the number of private cars and the estimated population, approximately 8.68% of the total population in SG owns a private car. That is the lowest % of car owners in the world.

 

[True Believer]

Most drivers of Ferrari and Masarati dun look Like CECA to me

There are 650,000 Indians residing in SG, which contributes to overcrowding and inflation through competition for a limited supply of private homes and COEs among other goods. This does not mean that many of these CECAs are driving luxury sports cars.