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Car ownership & Carpark tales…… |
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By keithyip on
20 Apr 2010 - 12:00 PM
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keithyip.com
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Just two years ago, COE prices plunged to as low as $2 with the Government change in policy to increase car ownership for the Singaporeans. It was done in response in meeting the ‘materialistic need’ of Singaporeans. Many people had flagged up to their MPs expressing their desire to own a car. Therefore the policy changed and car ownership shot up. Cars become once more affordable. On the other hand, the Government aimed to control the car usage and traffic low by implementing more ERP gantries and increase the cost of road usage.
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