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Certificate to own car in Singapore rockets to $106,000

Cost of ‘certificate of entitlement’, introduced in 1990 to control number of cars, now equivalent to four Toyota Camry Hybrids in US ....

Jason Guan , Toyota Camry Hybrids , Toyota Camry Hybrid , Tan Ern Ser , Toyota Rush ,

In Singapore, a Toyota Camry Hybrid costs $183,000 — here's why

In Singapore, a Toyota Camry Hybrid costs $183,000 — here's why
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Jason Guan , Toyota Camry Hybrids , Toyota Camry Hybrid , Tan Ern Ser , Toyota Rush ,

Why Singapore is the most expensive place on Earth to own a car

To own a car in Singapore, a buyer must bid for a certificate that costs $106,000 (R2m) as a post-pandemic recovery has driven up the cost of the city-state's vehicle quota system to all-time highs. ....

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Singapore Car Certificate Cost: In Singapore, a certificate to own a car now costs USD 106,000, ET Auto

Singapore Car Certificate Cost: Singaporeans have been battered by persistent inflation and a slowing economy, and some are selling the cars they bought when COE prices were low to make a profit. ....

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