What if COE system was not introduced in Singapore?

[Freestylers09]

problem is Singaporeans too rich

 

COE so high still cannot prevent so many to have cars...

 

pay high insurance or COE still cannot prevent jam..

 

i think reduce to 40% loan,zero COE..maybe can reduce it..lol

 

 

 

 

[Ladykillerz]

problem is Singaporeans too rich

 

COE so high still cannot prevent so many to have cars...

 

pay high insurance or COE still cannot prevent jam..

 

i think reduce to 40% loan,zero COE..maybe can reduce it..lol

 

i think the best is to stop the influx of population until there is a solution by the high earners.

[Antlau]

implement no loans allowed for car-buying for the next few years... people with COE expiring steamed, but am sure the number of cars will be drastically reduced...but the pubic transport better be improved too to support the increase....

 

actually simply put, too many, too fast, too small => busted, squeezed, jammed...

[Csnewbie]

Perhaps Dr Huang Hai,who invented COE 20+years ago would like to comment on this.

FYI a new VW Golf costs abt 30k in the US.

As we are no more proportionately productive than a US citizen,we have to work times harder to buy a similar car

Definitely there are oportunity costs here.Think for yourself.

[W210k]

Perhaps Dr Huang Hai,who invented COE 20+years ago would like to comment on this.

FYI a new VW Golf costs abt 30k in the US.

As we are no more proportionately productive than a US citizen,we have to work times harder to buy a similar car

Definitely there are oportunity costs here.Think for yourself.

That's why SG's pro-creation rate is the lowest in the world, at 0.87.

Super high cost of living - cars, houses etc.

 

But I really think that the car population in SG has to be reduced even further still.

Cut back COE quotas even more drastically, reduce car loan quantums and continue to improve on a world-class public transport system.

 

Send out a strong re-iterative message that not everyone and anyone can get to own cars in SG. You must be able to afford it, regardless of price.

 

Sooner or later, the stark reality will set in, that we are all merely existing on a tiny island in the South China Sea! When that knocks many back to their senses, what is all this nonsense about proposals to abolish the COE system, or the call for COE re-distribution? Those only serve to feed the selfish wants of asset gratification. An "I also want!" society and age.

[SimonTan]

No point to argue right or wrong.

If no COE, then somehow the Gov will still implement expensive car ownereships.

Be it $50ERP or 300% ARF + 100%excise taxes, etc.

 

 

[Heartlander]

problem is Singaporeans too rich

 

COE so high still cannot prevent so many to have cars...

 

pay high insurance or COE still cannot prevent jam..

 

i think reduce to 40% loan,zero COE..maybe can reduce it..lol

You have nailed the situation most succinctly.

 

Imagine there is no coe, every dady mummy wll be buying a car for their kids given the apparent wealth! There will be no space to move during mroning and evening, just like KL that i witnessed recently. Just travelling few kms take hours!

 

Btw pls do not bring other issues here to take credit from the system. There will be hit and miss, but imho this is a hit.

[Shull]

COE is another example of sound policy... but bad implementation...

[Kiario]

i wonder in hong kong where about same size as us, hows their jam there? i know their cars no need coe and less taxes.

[Chewbacca]

No one argues that COE should not be implemented.

 

Most of us are arguing if COE is implemented in a good manner.

[Yrvsport]

If no coe..the rich have 100 cars and the poor still have no car...lastly the middle average lagi no car....

[Chewbacca]

If no coe..the rich have 100 cars and the poor still have no car...lastly the middle average lagi no car....

 

Poor, middle, rich all have cars. Just....no point having a car anymore.

 

Only the extreme poor no car ba.

[Shull]

i wonder in hong kong where about same size as us, hows their jam there? i know their cars no need coe and less taxes.

 

Extremely expensive parking in town/crowded area (up to $4-5/hr)... and expensive petrol (about 30-40% more than us)...

 

Their big luxurious cars are taxed alot more than bread and butter cars..

[Bystander50]

This could have been what Singapore roads would have become, if not for the COE system.

So who suffers? You, I and everyone else ...

Majulah PAP!!! They did the RIGHT thing.

 

http://singaporeseen.stomp.com.sg/stomp/sg...w_its_like.html

 

With or without COE makes no difference. The vehicle growth is controlled by the gov.

The current COE bidding is just one if the fund raising activities for the gov. It can be replaced with something else that does not require one to pay $80k for an electronic entry in the system or a few bytes in the database. Even without the current COE bidding exercise, if LTA only allows 2000 vehicle for that month, you won't see 2001 vehicles appearing, other that those from mindef that does not require any COE.

 

 

[Bystander50]

No one argues that COE should not be implemented.

 

Most of us are arguing if COE is implemented in a good manner.

 

Like I mentioned in previous postings, COE pricings are indirectly controlled by the ADs.

They are using your money to bid high to ensure they can meet the sales quota set by the manufacturer.

Not their money of course they can afford to bid high.

Now ask them serve you free flow of sharkfins/birds nest while servicing your b&b jap car without increasing the rates, see if they're willing.

One is your money, the other is theirs. Now you know which one they are very generous with.

 

[13177]

i wonder in hong kong where about same size as us, hows their jam there? i know their cars no need coe and less taxes.

The jams are bad during peak hours. Ohter than that i think still ok.

[Sosaria]

Cycling is still the solution.

 

IMHO, if a person can travel to work on public transport, i.e. not burdened with having to send wife and kids to school, etc., then what's stopping him or her from cycling to work? That is, if the workplace is within reasonable distance, e.g. 10km or 15km, definitely less than an hour's cycling?

 

Definitely better than having to queue up and endure the packed buses and trains.

 

If those working nearby can switch to cycling, I believe this will ease up congestion plenty. Also need to educate kids on how to get to school on their own, again, by cycling. But first there's a need to make cycling more safe than it is today. I find that surprisingly it is safer to cycle in malaysia than singapore. In malaysia there are road shoulders marked by white line, and this gives some space for cyclists.

[W210k]

The current COE bidding is just one if the fund raising activities for the gov. It can be replaced with something else that does not require one to pay $80k for an electronic entry in the system or a few bytes in the database. Even without the current COE bidding exercise, if LTA only allows 2000 vehicle for that month, you won't see 2001 vehicles appearing, other that those from mindef that does not require any COE.

That won't work lah.

Every month, the rich will send lorry loads of banglah workers to submit COE ballots.

There will even be enterprising Singaporeans doing that.

Once COE is balloted successfully, they will sell it in the black market.

 

Even if LTA rules disallow transferable COEs, never mind, tie up with car dealers to register new cars and then let ADs sell pre-registered 01-owner car's at controlled prices to the rest of the public!

 

Singapore will then become a huge gambling den of a nation!