Singapore car permit prices reach record $119,003
Car permits for smaller cars reached a record high of $107,889 on September 3.
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Singapore's car permit prices went up a lot. Small car permits now cost $119,003, which is 10.3% more than before. Big car permits cost $136,890, up 7.4%.
These permits let people own cars for 10 years. People buy them online twice a month. The government changed the rules in 2023.
Now there are fewer permits available. Electric car benefits will also change in 2026. Singapore controls how many cars people can have because there is not much space.
Original Article
yahoo.comhttps://www.yahoo.com/news/article/coe-price-rises-to-record-high-of-119003-in-cat-a-013632016.html