Singapore to limit number of cars from February 2018

Oscar Cross
October 25, 2017

Austin Blankenbeckler february 2018, limit vehicle ownership, prospective auto buyers, reduce traffic congestion, singapore Starting in February, Singapore will start enforcing a limit on private vehicle ownership, in an effort to reduce traffic congestion.

Singapore's approach is rare in Asia where the blistering pace of urban development in recent decades has often been accompanied by unchecked growth of auto and motorbike ownership, spawning huge traffic jams in many major cities. The supply is limited, and certificates are distributed by auction.

The current growth rate of the auto number set by LTA is 0·25% per year, at which level it will remain until the end of January. Next year, the growth target will be zero.

The website for Singapore's Land Transport Authority lays out the government's reasoning: roadways account for 12 percent of the city's land mass, leaving little room to expand the road network.

Right now, the government allows just a.25% increase in vehicle ownership per year.

Come February next year, the city-state will no longer allow any new vehicles into the country, citing land shortage and overcrowded roads. The island city-state also vowed to invest heavily in public transportation to help the city's growing population get around. The growth rate will next be reviewed in 2020.

Government statistics show the number of private vehicles fell from 540,063 in 2013 to 504,160 in 2016. 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.

While the shift to an official growth rate of zero attracted headlines, the overall number of vehicles in Singapore has actually been declining for several years. This includes Singapore's metro rail, which, like many rapid rail systems in major cities, has been suffering from significant delays.

A mid-range vehicle in Singapore can typically cost four times the price in the United States.

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