Singapore to Start Limiting Private Car Ownership

Government to cut car, motorcycle growth rate to zero from February 2018

Come Feb. 2018, there will be no new cars and motorcycles in Singapore.

Auto ownership is heavily restricted in Singapore and involves bidding for a costly certificate of entitlement, of which a small number are available each month. A limited number are made available via auction annually.

LTA said the adjustments to the vehicle growth rate will not affect the supply of certificates of entitlement (COE), as the quota is determined by the number of vehicle deregistrations.

Currently, it factors in a growth rate of 0.25 per cent per year.

Singapore's population of 5.56 million has grown almost 40% since 2000 according to Fortune.

According to the LTA, 12 per cent of the city-state's land is taken up by roads.

Matt Damon and George Clooney Share What They Knew About Harvey Weinstein
Clooney described Weinstein's behaviour as " indefensible " and said he had "never seen any of this behavior-ever". Damon appeared on Good Morning America alongside George Clooney to talk about their upcoming film " Suburbicon ".

The new freeze on vehicle numbers won't apply to trucks and buses for the time being.

Goods vehicles and buses, which are category C vehicles, will see their growth rate kept at 0.25 per cent per annum until the first quarter of 2021.

She wasn't kidding. To mitigate this, LTA also announced that the government would be investing a whopping $28 billion in public transport over the next five years.

Singapore will stop increasing the number of vehicle on its road starting next year as it tries to tackle growing land constraints.

The zero growth approach for vehicles is bolstered by continued investment in Singapore's public transit projects. There were more than 600,000 private cars in Singapore at the end of 2016. A big reason for the decline in overall cars is that Singapore began phasing out a scheme for "off-peak cars"-cars that can be driven on evenings and weekends, but not during rush hour-in 2010". Valid for 10 years, the average cost of the certificate is Sg$50,000, making Singapore one of the most expensive countries to buy a vehicle. A typical Toyota small sedan costs about four times as much in Singapore as it does in the United States, including the cost of the certificate.

Related:

  • Bannon attacks George W. Bush as most 'destructive' president

    Bannon attacks George W. Bush as most 'destructive' president

    Trump ran straight at the Bush family legacy in defeating a field of Republican candidates that included former Florida Gov. But White House press secretary Sarah Huckabee Sanders sought to deny the speeches were targeting Mr Trump .
    First Lady Melania Trump Donates Inaugural Ball Gown To Smithsonian

    First Lady Melania Trump Donates Inaugural Ball Gown To Smithsonian

    The gown also featured a slit skirt, ruffled accent trim from the neckline to the hem and a claret ribbon around the waist. The two got on the phone together and the incoming first lady explained that she needed the dress in under two weeks.
    Jill Scott shares Harvey Weinstein story amid sexual harassment scandal

    Jill Scott shares Harvey Weinstein story amid sexual harassment scandal

    Since the scandal has exploded, Weinstein has been fired from the Weinstein Co., which he co-founded. Weinstein's representative Sallie Hofmeister responded to these allegations, telling The Post "Mr.
  • Indian team announced for T20 series against Kiwis

    Indian team announced for T20 series against Kiwis

    The three T20Is with New Zealand will be played in Delhi on November 1, Rakjot on November 4 and Thiruvananthapuram on November 7. The Indian selectors chose to bring in Shreyas Iyer and Mohammed Siraj for the T20I series against New Zealand .
    Ripples of joy over Pak. scribe's rescue

    Ripples of joy over Pak. scribe's rescue

    It was a result of this action on the part of Zeenat that the security forces were bound to agree that Hamid was in their custody. Justice (retd) Javed Iqbal also said that the tribal elders also played an important role in the recovery of Zeenat Shahzadi .
    Gold Star Family Shares Recording Of Phone Call From President Trump

    Gold Star Family Shares Recording Of Phone Call From President Trump

    Frederica Wilson bashed Trump on multiple news outlets for allegedly telling Myeshia Johnson that her husband, Army Sgt. De Alencar told CNN that she is a Democrat who does not "do politics", and that Trump appeared to understand her loss.
  • 'Patidar's fight was to attain OBC quota, not to make Congress win'

    'Patidar's fight was to attain OBC quota, not to make Congress win'

    Patel, Thakore and Mewani have led powerful campaigns against the ruling Bharatiya Janata Party government for their communities. Along with Solanki, the party's Gujarat in-charge, Ashok Gehlot , too attended the meeting of Thakor with Rahul.
    Another warm winter forecast for swath of US

    Another warm winter forecast for swath of US

    A better-than-average chance of below-normal temperatures is forecast for Minnesota, particularly from January into February. La Nina phases typically bring more snow in both the Rockies and around the Great Lakes.
    Trump Celebrates Diwali, Hindu Festival of Lights

    Trump Celebrates Diwali, Hindu Festival of Lights

    Trump said Indian-American neighbours and friends have made incredible contributions to the country - and to the world. Speaking to us about the ceremony, Principal Deputy Press Secretary Raj Shah said, "This is a tremendous event".
  • Incredible Finish See Raiders Complete Dramatic Comeback Against The Chiefs

    Incredible Finish See Raiders Complete Dramatic Comeback Against The Chiefs

    Carr threw a touchdown to Crabtree the play after, but it was taken away because of a pass interference call on Crabtree. Carr had his best game of the season, throwing for 417 yards with three touchdowns, no interceptions, and no sacks.
    Suspect Arrested After Knife Attack Injures Several in Munich

    Suspect Arrested After Knife Attack Injures Several in Munich

    Mr Andrae told reporters there is no indication that an extremist, political or religious background factored into the attack . Police investigating a knife attack that left four people wounded in the German city of Munich have arrested a suspect .
    Why? Kenneth Andrew White Michigan passenger killed by rock thrown from overpass

    Why? Kenneth Andrew White Michigan passenger killed by rock thrown from overpass

    The teens, whose identities have not been made public, were taken into custody on Friday, authorities told told WXYZ Detroit . Couldn't they just go skip rocks on the river or something instead of doing something so senseless.

Comments

Latest news

Splitsville for Ewan McGregor, Wife of 22 Years
As they left he got on to the back of Ewan's motorbike and they sped off together". Winstead and McGregor joined the " Fargo " cast in the show's third season.

The Pixel 2 XL has a serious screen burn-in problem
However, when the similar Questions was forwarded to the Google spokesperson, here are the official statements from the same. The smartphone is available in two forms: a standard model with 5-inch screen, and the larger XL with 6-inch screen.

'Game of Thrones' season 8: Kit Harington cried after reading script
KIT Harington has revealed Game Of Thrones filmed a secret episode that will NEVER be show on TV. He was even told not to tell that they are filming or even take pictures in Belfast.

BJP leader tweets 'truth' about Vijay's religion, gets it from actor's fans
Chennai: Wading into the Mersal controversy, the TTV Dhinakaran camp on Sunday demanded the arrest of BJP leader H. Both the Nadigar Sangam and the Producers' Council issued statements backing the film's freedom of expression.

Porsche 911 T Removes Dead Weight, Adds Raw Performance For Motoring Nirvana
It has lighter glass in the rear and side windows, cloth loops for door pulls inside, Sport-Tex seats , and less sound insulation. You'll need to leave the kids at home, because there are no rear seats, and the radio has been removed to shed a few more kilos.

NBA Fines Curry and Iguodala for Incident in Memphis
The league also noted Andre Iguodala was fined $15,000 "for verbally abusing a game official". Steph Curry owes the National Basketball Association some money.

'Guardians of the Galaxy' director James Gunn warned women about James Toback
Louise Post , the frontwoman of the indie rock band Veruca Salt , felt ashamed of her encounter with Toback thirty years ago. The women Toback targeted ranged from aspiring actresses, women in the industry to people on the streets.

Justin Timberlake Addresses Returning to Super Bowl After 2004 Janet Jackson Exposure
That fine was appealed and ultimately voided, but the FCC implemented a five-second delay during live TV performances thereafter. While Timberlake was ostensibly the one responsible for the gaffe, Jackson received a majority of the scrutiny from the media.

Shin Megami Tensei V Revealed As A Nintendo Switch Exclusive
The previous few SMT games have been handheld-only, so it'll be cool to see what Atlus can pull off on the Nintendo Switch . All we really know now is what we already knew before - that a SMT game was being made for the Switch .

Google parent firm puts down $1B investment on Lyft
Alphabet's venture arm is also an earlier investor in Uber , but Primack thinks Alphabet could be looking to move away from Uber . The company accuses former Uber engineer Anthony Levandowski of stealing trade secrets while he was still an employee at Waymo.

Child, 2, crushed to death becomes eighth victim of recalled Ikea drawers
Ikea's efforts included press releases , national news coverage and social media advertisement, among other communication methods. An IKEA Malm dresser that can tip over when a toddler opens one of the drawers and tries to climb on it has led to another death.

BJP, Congress in war of words over Rahul's Twitter popularity
She added that the story was "factually wrong" and that it was an attempt to "please the I&B ministry and the Bots Janata Party". Singh said these issues were raised by Rahul on Twitter, and "who is tweeting it and retweeting it... those are side issues".

John Wall Tried to Warn Lonzo Ball They're Gonna Come for You!
In a post-game interview, Beverly explained that he was just welcoming the young kid to the National Basketball Association . He said Beverley played great defense on him, adding that he "knows his job, and he does it very well".

Obama blasts 'politics of division' during triumphant return
He also took time to criticize his successor, saying that the "politics we see now, we thought we put that to bed". Former US president Barack Obama has called on fellow Democrats to reject the politics of "division" and "fear".

President Trump to allow release of classified JFK assassination documents
The National Archives is required to release all of its JFK documents by Thursday, 25 years to the day after President George H.W. Still a small portion, about 3,100 documents created inside the CIA, FBI and Justice Department, have been held back until now.

Other news