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In Singapore, a certificate to own a car now costs $106,000

Post-pandemic recovery drives up cost of nation’s vehicle quota system to all-time highs

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Rs 63 lakh! This is how much the right to own a car in Singapore costs

Rs 63 lakh! This is how much the right to own a car in Singapore costs
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Drivers in Singapore must pay £88,000 for permission to own a car (and that does not even include the price of buying a vehicle!)

The price of the right to own a car is now more than an average household earns. The city-state is the most expensive place to drive in the world, with driving out of reach for most people.

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In Singapore, a certificate to own a car now costs $106,000

To own a car in Singapore, a buyer must bid for a certificate that now costs $106,000, equivalent to four Toyota Camry Hybrids in the U.S., as a post-pandemic recovery has driven up the cost of. -October 04, 2023 at 04:56 am EDT - MarketScreener

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In Singapore, a certificate to own a car now costs $106,000 By Reuters

In Singapore, a certificate to own a car now costs $106,000 By Reuters
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