Singapore to limit number of cars on road

Singapore to limit number of cars on its roads from 2018

The Guardian reports that the growth cap for passenger cars and motorcycles will be cut from 0.25% a year to zero from February 2018 according to the Land Transport Authority (LTA).

Cars ply the roads in downtown Singapore.

Singapore is a city of 5.6 million people packed into an area smaller than New York City. The supply is limited, and certificates are distributed by auction.

The body noted that the change is necessary as Singapore faces "limited scope for further expansion of the road network", with roads making up 12% of Singapore's land area.

Bloomberg reports the current going rate for the smallest vehicles is more than 30,000 USA dollars-that's only for the permit-not the price of the auto.

Every vehicle purchased in Singapore requires a certificate of entitlement (COE), which lasts 10 years.

Come February next year, the city-state will no longer allow any new vehicles into the country, citing land shortage and overcrowded roads.


From the inception of the certificate of entitlement quota system in 1990 until 2009, Singapore restricted vehicle growth to 3.0 per cent annually. The island city-state also vowed to invest heavily in public transportation to help the city's growing population get around.

Singapore, whose population of 5.56 million has grown almost 40% since 2000, tightly controls the ownership and sale of vehicles through a bidding process and an annual growth rate that caps the total number of vehicles on the city-state's roads.

It is very expensive to own a auto in Singapore.

Government statistics show the number of private vehicles fell from 540,063 in 2013 to 504,160 in 2016.

Reuters reports a mid-range auto in Singapore typically costs four times the price in the United States.

Thanks to the high cost of vehicles, Singapore has mostly avoided the crushing traffic jams that are common in other Asian cities and authorities want to keep things that way.

Related:

Comments

Latest news

Ewan McGregor Split from Wife Co-Star Kissing Pics Surface
The couple, who have four children together, broke up in May but made a decision to keep the news under wraps, People reports. The two have four daughters together. "As they left she got onto the back of Ewan's motorbike and they sped off together".

Emmanuel Macron's dog Nemo urinates during government meeting
Nemo was adopted by Macron and his wife from an animal shelter and is believed to be around two years old. This was a situation that the French President Emmanuel Macron probably did not have any control over.

Porsche presents mainstream 911 for purists
Buyers can get the auto in lava orange, guards red, racing yellow, white, and Miami blue. Porsche has expanded the already-extensive 911 range with this - the new 911 Carrera T.

Damon, Clooney speak out against Weinstein
Damon added that he never bore witness to any misconduct on Weinstein's part because the disgraced mogul " didn't do it out in the open ".

Shin Megami Tensei V is confirmed for the Nintendo Switch
The haunting soundtrack overlaying the bloody remains of those demons, the protagonists being swarmed and apparently eaten alive. That should bode well for Shin Megami Tensei V's release hopes in the West, though no formal announcement has been made yet.

Almost 40 women report 'perverted, creepy behavior' by Hollywood director James Toback
The newspaper interviewed the women, who detailed similar encounters with the 72-year-old director over the years. Toback has denied the allegations against him, saying he never met any of the women for more than five minutes.

Justin Timberlake to headline Super Bowl halftime show
Timberlake apologized for the incident and said it was "not intentional and is regrettable". If you consider it 50/50, I probably got 10 per cent of the blame.

Obama campaigning in Va, NJ, as he returns to political life
Obama mentioned the tragic events in Charlottesville, Virginia, when a woman was killed during a white nationalist rally.

Sean Young accuses Harvey Weinstein of sexual harassment
Weinstein believes that all of those relationships were consensual". "And she told me she thought that was disgusting". Hollywood is facing a crisis where its members are being outed for wide swaths of sexual misconduct.

The Chiefs-Raiders ending was completely bonkers. Let's review
The next play, Carr threw it to Cordarrelle Patterson in the back of the end zone, and caught it out of bounds. Giorgio Tavecchio booted the extra point in front of a crowd of 55,100 at the Oakland Coliseum stadium.

#EndorseThis: Why Is Trump Always Feuding With Gold Star Families?
As Noah puts it, these bereaved Americans may initially appreciate the solace of a phone call from the White House. Trump opened by saying he was sorry about the "whole situation" and called Mark De Alencar "an unbelievable hero".

Diwali: 'Festival of lights' celebrated across Pakistan
Attired in colorful and traditional costumes members of the community are little reluctant to allow others to join the festivity. It is called the festival of lights as it brings hope and prosperity and "Righteousness will always overcome darkness and evil".

Munich knife attack: Police arrest suspected attacker after manhunt
About three hours after the stabbings, police arrested a man matching that description who had initially tried to evade officers. Police investigating a knife attack that left four people wounded in the German city of Munich have arrested a suspect .

Crime Stoppers offering reward in death of man on I-75
The Genesee County sheriff says a rock hit a southbound vehicle's windshield near the Dodge Road overpass on I-75. A GoFundMe page seeking to raise $8,000 was started and is called " Burial Help for Kenneth A White ." .

Donald Trump releases 'Stand for the National Anthem' petition
The petition is just the latest move by Trump and his administration aimed at the National Football League protests. The Sunday after Trump's comments, more than 200 players took a knee during the national anthem.

Other news