Wondering To Buy Or Lease A Car In Singapore??
Singapore is known for its expensive cost of car ownership. Why is this so? In line with the government’s position to maintain healthy car population, clever use of monetary controls with economics allow the prices of cars to fluctuate based on market conditions.
The price of a new car depends on five factors including:
The known Certificate of Entitlement (COE),
Is it worth it to own a car in Singapore?
Cars have often been the subject of hot debate in here, whether its value justifies its price.
The most common factor that we often hear is the cost. Singapore, being such a small country, has public transport readily accessible almost everywhere. Going to the Zoo? There’s a shuttle bus that leaves from Khatib Station every 10 to 20 minutes. Marina Bay Sands? Bayfront Station on the circle line and you&rsqu...