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Singapore Car Rental
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19 articles
Car COE prices hit 14-year high
From Singapore Car Rental, 10 month ago, Read 0 times. Similar articles
CERTIFICATES of entitlement prices continued to trek northwards in the latest tender, the first after last Friday’s announcement of quota numbers for the August-January period. COE for cars up to 1,600cc and taxis inched up by 0.02 per cent to end at $56,002. Those for cars above 1,600cc ended 5.8 per cent higher at $72,501. [...]
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COE supply till January remains flat
From Singapore Car Rental, 10 month ago, Read 0 times. Similar articles
THOSE shopping for a small car or a motorcycle in the next six months can breathe a bit easier – certificate of entitlement (COE) supplies for the two vehicle categories are bigger for the August-January period. But those in the market for bigger cars or commercial vehicles should brace themselves for higher prices on the [...]
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LTA studying scheme to reward off-peak commuters
From Singapore Car Rental, 10 month ago, Read 0 times. Similar articles
THE authorities are mulling over ways to persuade public transport commuters to travel during non-peak hours, so as to reduce bunching of services, crowding and congestion associated with morning and evening rush hours. The Straits Times understands that the Land Transport Authority (LTA) is looking in particular at a proposal by academic Balaji Prabhakar, a [...]
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COE prices keep going up
From Singapore Car Rental, 10 month ago, Read 0 times. Similar articles
THE premium for the Category A certificate of entitlement (COE) is now just $611 shy of the all-time high of $56,600 reached in October 1994. At the close of tender yesterday, the prices of Category A COEs (for cars up to 1,600cc and taxis) had accelerated by 11.5 per cent to $55,989. Prices in three [...]
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48 hours to assess damage in third-party motor claims
From Singapore Car Rental, 1 year ago, Read 0 times. Similar articles
MOTORISTS who file third-party insurance claims after an accident now have to contact the other driver’s insurer before getting their vehicle repaired. The new rule by the Motor Insurance Taskforce is another attempt to clamp down on inflated and fraudulent claims. The other driver’s insurer will have 48 hours to inspect the damaged vehicle. If [...]
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Cheapest petrol now over $2 a litre
From Singapore Car Rental, 1 year ago, Read 0 times. Similar articles
ALL petrol grades have breached the $2 mark, hitting 2 1/2-year highs, following the latest price increase of four cents a litre last Friday. The last time petrol was in the $2 territory across the board was in 2008. A litre of 92-octane petrol, the cheapest grade, is now $2.017. The 95 grade costs $2.077, [...]
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Vehicle growth rate slowest in 5 years
From Singapore Car Rental, 1 year ago, Read 0 times. Similar articles
DRASTIC cuts in the supply of certificates of entitlement (COEs) have put a brake on the vehicle population’s turbocharged growth rate. According to Land Transport Authority (LTA) statistics, the total number of vehicles stood at 945,829 as of end-2010, up 2.2 per cent from 2009. The car population was up 3.2 per cent to 597,746. [...]
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Car rental business up by 25-30% this Lunar New Year
From Singapore Car Rental, 1 year ago, Read 0 times. Similar articles
The car rental business is up this Lunar New Year season. Industry players said that compared to the same period last year, it has gone up 25 to 30 per cent. Rental cars are a popular option to ferry family and friends this festive season. K K Ho, general manager of Popular Rent A Car, [...]
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3 new ERP gantries from Feb 21
From Singapore Car Rental, 1 year ago, Read 0 times. Similar articles
THE Shenton Way-Chinatown Electronic Road Pricing (ERP) cordon will be extended from Feb 21. There will be three new gantries in operation from that day, as the Land Transport Authority (LTA) adjusts the ERP cordon to include the Marina Bay Financial Centre as part of the larger Central Business District. The existing gantry along Central [...]
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Fewer people taking up driving lessons
From Singapore Car Rental, 1 year ago, Read 0 times. Similar articles
The number of people taking up lessons to get their driving licences is estimated to have dipped by 30 per cent between the period from January to September last year, and the same period the year before.
At least one driving centre has, in recent months, downsized its fleet of cars because of the dip in [...]
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