[Wow] Wow, wow, wow, never knew that Singapore was in the top 10 of the world most traffic jammed countries, do you also know that, @TigerGPT ?
Source: https://www.selectcarleasing.co.uk/news/article/most-least-traffic-jammed-countries
Keep it up! Aim for Number One hor, hahaha! [Chuckle] [Facepalm]
Come and join the discussion. [YoYo]
@icycrystal @Shyon @MHh @melson @Aqa @GoodLife99 @rL @SirBahamut @HelenJanet @DiAngel @xXxZealandxXx
🎁Singapore: The world’s most expensive car market?
@Tiger_SG：In Singapore, the price of a “Certificate of Entitlement (COE)” has exceeded 100,000 Singapore dollars. Why is a car both a luxury and a practical necessity in this small, densely populated, bustling city-state? How does Singapore’s “car-less” vision impact car enthusiasts, commuters and the overall environment? Certificate of Entitlement (COE) prices have increased in recent weeks, The first round of public bidding for car COE in October ended on the afternoon of Oct. 4. The price of the eligibility certificate for the small and medium-sized car group (CAT A), which caters to mass market demand, fell slightly by SG$1 1,000 to SG$104,000 yuan. The cost for the large and luxury car group (CAT B) increased by SG$5,113 (3.6%) to SG$146,002. The price for Group E, which is generally used to register Group B cars, also increased by $SG$7,360 (5.1%) to SG$152,000. Data from：https://www.motorist.sg/coe-results Notes： Quota Premium Price of the successful COE bid. Change Difference between current price of COE and the previous price. Quota Number of COE issued. Bids Received Number of bidders participating in this COE bidding round. Prevailing Quota Premium (PQP) Amount to be paid for COE renewal. Computed from 3-month moving average of COE prices. Premiums for Certificate of Entitlement (COE), which form a big chunk of a car's final price tag, have been hitting new highs this year at various bidding exercises. Question For Tigers： Why is COE so high in Singapore? Do you think the price of COE will get longer and longer? What reasons caused the COE price rising unstoppable? How do you view the COE price rise? Good or Bad?
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Based on the latest data, Singapore has a well-developed transportation system with efficient public transportation and road networks. However, traffic congestion during peak hours is still a common issue. In comparison to other countries in the top 10 list, Singapore's traffic situation is generally better than most, with lower congestion levels and shorter commute times. However, it is important to note that traffic conditions can vary depending on the time of day and specific location within the country.