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Originally Posted by Bevsta007
Can you explain why taxis are so cheap in Singapore? something I was surprised about when we've been there
Especially with the initial out lay of a car plus certificates & registration fees
I imagine servicing wouldn't be cheap either
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Pretty much as vztrt said above, i also asked one of the locals at work and he said the Gov are strict on regulating the cost to keep it down because so many people rely on them..
Everything about buying and running a car here is hugely expensive compared to Australia and is out of reach for a lot of people, but the big elephant in the room at the moment is Singapore's ban on introducing new cars after Feb 18, i think it would be 24/7 gridlock if everyone that was old enough to have a licence owned a car.....
https://money.cnn.com/2017/10/24/new...mit/index.html
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Singapore had about 600,000 private vehicles on the road at the end of last year. The city has a population of around 5.6 million.
The halt on car numbers might not be permanent, though. The government says it will review the decision in 2020.
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....makes you wonder about the costs involved in owning this thing that was parked out front of me hotel this morning, truthfully though i doubt they would be worried about it....