What You Need to Know About Owning a Car in Singapore

For those of you who don’t know, Singapore is an extremely difficult place for you to get a car, especially because of the fact that Singapore is a small country, with a small land, not enough roads, and too much vehicles around. Although Singapore is doing a great job in handling traffic, it is definitely not enough because of the amount of vehicles in Singapore. Owning a vehicle in Singapore is incredibly expensive as the tax and certifications are very hard to get. To get a certificate, you would have to pay about $50,000 Singaporean dollars before your vehicle can actually hit the road.

The sad part is that despite paying that amount, your certificate is only good for up to 10 years. The tax on vehicles can be very expensive due to the imports of these vehicles, which could mark up the price of a small SUV by $100,000 Singaporean dollars. If this amount of money doesn’t scare you, then maybe the next paragraph will. Singapore only allows the number of private cars on the road to increase by 0.25% per year, which is very small considering the number of people who want to have a car and maybe even dreamt and already saved up for it.

What makes it even worse is that the government has decided that by February of 2018, they will cease to allow additional cars on the road, which means that if you are desperate to drive, you have to wait for someone to give up their certificates first in order to get permission to drive. Hopefully this is not a permanent case and Singapore would be able to do something about their traffic and increasing vehicle population without the hindrance of people who would love to drive or own a vehicle of their own.

Owning a car may be a dream for some and although it is not impossible to get in Singapore, it can still be very difficult. Aside from the financial struggles a car would put you through, obtaining ownership of a car and getting the certificate could also be another problem. If you really want a car, do not let this stop you and although it can be hard, you have to be diligent enough until you are able to get what you want. The public transportation in Singapore may not be bad at all, but it all depends on you if you want that vehicle. Singapore is a land of opportunity, but you must never forget your competition.

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