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| Singapore: no more cars allowed on the road, government says | Singapore: no more cars allowed on the road, government says |
| (1 day later) | |
| Singapore, one of the most expensive places in the world to buy a vehicle, has announced it will freeze the number of private cars on its roads from next year but vowed to expand public transport. | Singapore, one of the most expensive places in the world to buy a vehicle, has announced it will freeze the number of private cars on its roads from next year but vowed to expand public transport. |
| The growth cap for all passenger cars and motorcycles will be cut from 0.25% a year to zero with effect from February, the Land Transport Authority (LTA) said. | The growth cap for all passenger cars and motorcycles will be cut from 0.25% a year to zero with effect from February, the Land Transport Authority (LTA) said. |
| The affluent city-state of 5.6 million people already imposes a quota on the number of vehicles sold and the number on its roads, and has avoided the massive traffic jams that choke other Asian cities. | The affluent city-state of 5.6 million people already imposes a quota on the number of vehicles sold and the number on its roads, and has avoided the massive traffic jams that choke other Asian cities. |
| Singapore makes it costly for those wanting to buy a vehicle, who must first get a “certificate of entitlement”, valid for 10 years – the average cost of a certificate is currently around Sg$50,000 (US$37,000). | |
| A Toyota Corolla Altis, a five-door sedan, can cost up to around Sg$111,000 in Singapore, including the price of the certificate, or about four times what it costs in the US. | A Toyota Corolla Altis, a five-door sedan, can cost up to around Sg$111,000 in Singapore, including the price of the certificate, or about four times what it costs in the US. |
| There were more than 600,000 private cars in Singapore at the end of 2016. | There were more than 600,000 private cars in Singapore at the end of 2016. |
| No timetable was given for the freeze but the number of buses and goods vehicles will be allowed to continue growing. | No timetable was given for the freeze but the number of buses and goods vehicles will be allowed to continue growing. |
| In a statement announcing the change Monday, the LTA said 12 percent of Singapore’s total land area was already taken up by roads and there was limited room for expansion. | In a statement announcing the change Monday, the LTA said 12 percent of Singapore’s total land area was already taken up by roads and there was limited room for expansion. |
| However it said the government would spend Sg$28bn over the next five years to expand and upgrade the transport system, including the metro, which has recently faced criticism for a series of breakdowns. | However it said the government would spend Sg$28bn over the next five years to expand and upgrade the transport system, including the metro, which has recently faced criticism for a series of breakdowns. |