Suggested For You
New Circle Line stations to give direct access to southern Singapore
URA: Office space prices up, but retail space prices soften slightly in Q3
Coronavirus: 22 patients in ICU, hospitals have nearly 150 vacant ICU beds and can add another 450 by mid-May
DBS takes steps to ease queues at pop-up ATMs for new CNY notes
Monitor financial status of bus packages to ensure effective operations
All motorised mobility devices banned on footpaths from April: Govt
Why should taxpayers subsidise $2m exec condo?
Deferred payment scheme redux
Impose extra fee for owning additional cars
The Straits Times
October 31, 2017
I support the move to curb the growth in our car and motorcycle populations (Fewer COEs for cars, motorbikes from Feb; Oct 24). Our public transport system is improving, especially with the fast-expanding MRT network. We also cannot continue to build roads and parking facilities indefinitely. I further suggest that the COE system, which has served us well since its introduction in 1990, be fine-tuned. The auction style of the system inherently favours the wealthy. This has resulted in an elite being able to own multiple cars, which then become underused, while the majority of middle-and lower-income families with a genuine need for a car are priced out or compelled to pay COE prices beyond what they can afford. This lop-sided situation is unhealthy and inequitable. Therefore, I propose that an extra fee be imposed to discourage individuals from owning more than one car. This fee can be a certain percentage over the COE price, with the percentage increasing with each additional car owned.... Continue Reading