Why SG not remove COE ??

[Goldmansachs]

No way. Roads will still be quite busy. There are A LOT and I mean A LOT of very rich people in SG. It just means their kids will drive their staff will drive their relatives will drive. Also car rental will be big business.

It is not unreasonable to charge $720k for COE.

As for public transport with the money earned LTA can upgrade the public transport system.

Benefits all.

Why not 720 million. 720k rupiah too low

 

[Acetron]

cos this is the bestest method to rake in huge revenue and control the cars population

 

[cyke69sg]

Why not 720 million. 720k rupiah too low

Eh dun troll la.

SGD$720k. We works out to $60k a month. Very middle class.

 

[iCubes]

Too cheap already.

Too many cars in SG.

Make it $720k for cat A. And $2m for Cat B.

Money alone not enough. Should donate a working organ + pledge hours to do volunteering work

 

[Goldmansachs]

Eh dun troll la.

SGD$720k. We works out to $60k a month. Very middle class.

In the whole world population including Europe (Swiss) and America, 720k per year is less than 1%. Your maths can go back to kindergarten if under 1% is consider middle

u talking 720 million rupiah?

 

[cyke69sg]

Money alone not enough. Should donate a working organ + pledge hours to do volunteering work

Mai troll la.
You talking rubbish.

 

[Evcats]

As seen everyone will argue what is the best means but COE has worked in a way that most buyers now will feel it’s an affordable way as part of total car cost and also the price level is indicative of the competitive demand (dealers or individuals)

 

[cyke69sg]

In the whole world population including Europe (Swiss) and America, 720k per year is less than 1%. Your maths can go back to kindergarten if under 1% is consider middle

SG is not whole world population. We are talking about the richest country richest city in the world. With the highest salaries. Lowest tax. No capital gains tax. No investment income tax.

Dont compare SG to poor countries elsewhere in the world.

@Bumperbee88 @nyvrem @AuraKUPO

 

[cyke69sg]

As seen everyone will argue what is the best means but COE has worked in a way that most buyers now will feel it’s an affordable way as part of total car cost and also the price level is indicative of the competitive demand (dealers or individuals)

Yes COE is price determine by SGreans themselves. That's why it is still so cheap.

 

[iCubes]

Mai troll la.
You talking rubbish.

I forgot only you can sprout rubbish

 

[Goldmansachs]

SG is not whole world population. We are talking about the richest country richest city in the world. With the highest salaries. Lowest tax. No capital gains tax. No investment income tax.

Dont compare SG to poor countries elsewhere in the world.

@Bumperbee88 @nyvrem @AuraKUPO

Yes just lump the top ten gdp nations. 720k per year is 1% of that group population. Like I said. 720million sounds better or billion.

 

[Evcats]

Yes COE is price determine by SGreans themselves. That's why it is still so cheap.

I dunno whether people here are complaining COE too high or low
for most buyers it ain’t broken why fix it?…

 

[cyke69sg]

I forgot only you can sprout rubbish

Stick to topic lah. It's all about money
It's SG. Money determines.

Simi sell ograns? That one is illegal lah.

 

[cyke69sg]

Yes just lump the top ten gdp nations. 720k per year is 1% of that group population. Like I said. 720million sounds better or billion.

But those countries big land.

You must remwmbwey SG land is like gold. Scarce. Like Bitcoin. Finite. When all land in SG is used very hard to mine new land. Have to reclaim. Very costly.

SGD 720m to own a car? You consider that possible? I guess your social circle is all billionaires.

 

[cyke69sg]

I dunno whether people here are complaining COE too high or low
for most buyers it ain’t broken why fix it?…

Most likely too low if it ain't broken

 

[rosschang]

I dunno whether people here are complaining COE too high or low
for most buyers it ain’t broken why fix it?…

most buyers are short sighted & can't see how broken already it is, while being compliant with what everyone else is saying...

 

[iCubes]

Stick to topic lah. It's all about money
It's SG. Money determines.

Simi sell ograns? That one is illegal lah.

Did I say sell? I said donate. Don’t talk rubbish.

 

[RichardXyn]

Ya, just put law, ppl without yearly income of 150k (not combined) cannot buy a car.

Can liao. Edmwers all got chance get a car le

Certainly not the way to go. This policy is elitist.

 

[coldish]

But those countries big land.

You must remwmbwey SG land is like gold. Scarce. Like Bitcoin. Finite. When all land in SG is used very hard to mine new land. Have to reclaim. Very costly.

SGD 720m to own a car? You consider that possible? I guess your social circle is all bibillionaires.

If the objectives is to limit cars then why not.
Just few hundred cars on the road lor
But poor PAP also have to take bus n train to work.
This way can also shove electric cars manufacturers in their sss la

 

[standarture]

Balloting is sufficient already. They just want to earn money off it.