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Is money for the pappies….. the more the merrier…. Local Singaporean cannot afford is because the local Singaporean is poor and not the pappies issue cos local Singaporean don’t have enough money…
They should just peg car ownership to income level. Like the minimum sum in CPF. Another category of COEs for grab. These cars are lower but only for grab use w minimum revenue. If fall below take back and for others to bid.
They should just peg car ownership to income level. Like the minimum sum in CPF. Another category of COEs for grab. These cars are lower but only for grab use w minimum revenue. If fall below take back and for others to bid.
PHVs serve the same purpose as taxis, so should be placed in the same category as far as the COE is concerned. The average private passenger car is on the road for one hour a day (30 mins to work and 30 mins back home after work). Car owners aren't contributing to the traffic jams throughout the day.
There are still clueless Sinkies who rejoice whenever the COE premiums rise and even wish for prices to hit $200K without realising that the cost of living will go up for everyone (including those who don't own a car).
It seems the garment is clueless thar the high inflation was caused partly by higher COE.
So the public in general would pay higher prices for goods and services caused by high COE even though they are not buying car.