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Significance of taxi apps in a public transport/mrt breakdown

Grabtaxi and uber are definitely necessary for Singapore but with changes needed. The public transport system has proven itself unreliable once again with a breakdown of both the east-west and north-South major mrt lines. Almost as if a justification for the remarks by smrt ceo Desmond kuok that the public transport system is financially unsustainable, […]

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Posted in Car Sharing, Featured, news0 Comments

COE trends

Financing restrictions to car loan by MAS hit car growth in Singapore

The Monetary Authority of Singapore (MAS) will re-introduce financing restrictions on motor vehicle loans granted by financial institutions from Tuesday, 26th February 2013. The maximum motor vehicle loan amount will depend on the Open Market Value (OMV) of the motor vehicle purchased. For a motor vehicle with an OMV that does not exceed $20,000, the maximum […]

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Posted in Buy rent sell a vehicle, COE results, Legislation COE licensing, news0 Comments

COE changes

No major changes to COE market; COE falling trend to remain for some time

SINGAPORE: Transport Minister Lui Tuck Yew said the government will not be making major changes to the Certificate of Entitlement (COE) market in the near-term. Speaking in Parliament on Wednesday, Mr Lui responded to suggestions to smoothen the COE supply to help stabilise COE premiums. Mr Lui said the suggestion is a good idea but […]

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Posted in Buy rent sell a vehicle, COE results, news0 Comments

Two New Road Projects to Improve Connectivity in Northern Singapore

Two New Road Projects to Improve Connectivity in Northern Singapore To support upcoming and future developments in the northern part of Singapore, the Land Transport Authority (LTA) will embark on two new road projects to improve overall road connectivity and capacity in this area. Expansion of CTE/TPE/SLE Interchange 2. To improve connectivity between Yishun Town, […]

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