Future COE price

[Dafansu]

Land Planning White Paper just released. See the quote below.

 

 

"Given our limited land and greater priority for housing and work, we will have to reduce our reliance on private transport and focus on improving public transport. Our car population per capita and road density are already higher than Hong Kong

[Khyber]

Gahmen really going all out to prevent us from driving.... well what next ?

[WTF]

Gahmen really going all out to prevent us from driving.... well what next ?

wait for the increase of public transport fares???

[I-LOVE-CARS]

COE is a no brainer in the first place, the rich will always be able to afford the COE while the lower/mid income family will struggle...

[Sk65]

Do not discount those richie rich new PR and newly instant citizens. There are many of such low key people, like MaChi, or that fackbook guy Severin, jim roger for example.

 

if u know them,

how can they be low key?

 

u sure jim roger got a car?

[HP_Lee]

Gahmen really going all out to prevent us from driving.... well what next ?

 

Dun worry. The gemen know what to do. By than, we should be having great and efficient public transport. Driving will be meant for the rich. By than, we will be seeing 80% of car population are mid & big conti cars.

[HP_Lee]

wait for the increase of public transport fares???

 

Dun worry. Our public transport fares are still at the lower end, as compare to other big cities. Is actually very affordable, provide it does not breakdown often.

[HP_Lee]

COE is a no brainer in the first place, the rich will always be able to afford the COE while the lower/mid income family will struggle...

 

All along in Singapore, car are meant for the richer ones. I do remember, when my parents bought a car in the 80s, they have to pay 20% in cash as down payment. Back than, roads are bad, but the driving is smooth. Today, we have great roads. But jam almost everywhere and much stressful. Furthermore, with many ku ku drivers as compared to the 80s. Why not go back to those days, where one need to pay 20% or more down payment.

[HP_Lee]

if u know them,

how can they be low key?

 

u sure jim roger got a car?

 

That joker? Many got burnt for following his call. [laugh]

Edited January 31, 2013 by HP_Lee

[LoverofCar]

with 6.9M people in this island...COE will be $200K soon....a toyota corolla will cost us $300K in Singapore by 2030...

[Cheepo]

Maybe COE will be $2.00 .

 

But ERP will range from $50 to $200 each time you hit one gantry.

 

Parking $1000 - $3000 monthly.

 

Everyone will be on electric bikes and skateboards.

[Cerealkiller]

Maybe COE will be $2.00 .

 

But ERP will range from $50 to $200 each time you hit one gantry.

 

Parking $1000 - $3000 monthly.

 

Everyone will be on electric bikes and skateboards.

 

and LTA will require you to pay electric bike roadtax and skate tax

 

VOTE FOR CHANGE IN 2016

 

 

[Chamot]

My guess is, come 2030, more foreigners, FT or whatever you call them will be owning cars as compared to locals.

[I-LOVE-CARS]

Sigh, might need to go public come 2018

[Nlatio]

errrr how like that.... all go pubic..... then MCF boh liao lor.... .... change to MBF or MMRTF.....

[Ysc3]

You sure you can go public by then? I believe the public transport should by x100 times more crowded and chaos!

 

well, this is a problem of population , created by the population.

 

luckily, i got my small little pigeon hole (3ng) with a mrt just 100m away which shud be ready in a few years time ... and a market centre just around the corner also ... so dun really need to travel , except for work.

[Spurman]

Seriously, this is a bad move by the govt.

To announce 6.9m a day after saying we lacked foresight on our infrastructure. This is shooting his own foot.

 

If The govt still is unable to resolve the transport woes, the Coe prices will rocket again n again.

 

Business will eventually need to increase cost due to rising goods coe. It's s double whammy and no doubt makes Singapore even more expensive to live in

[Bigbadguy]

Maybe before 2030 spore change to fly blue flag liao. So 6.9mil may not come lol.