In Singapore, a certificate to own a car now costs $106,000
In Singapore, a certificate to own a car now costs $106,000

www.reuters.com
In Singapore, a certificate to own a car now costs $106,000

In Singapore, a certificate to own a car now costs $106,000
In Singapore, a certificate to own a car now costs $106,000
You don't need a car in Singapore. Very good public transport and affordable taxis.
How are taxis affordable if cars are so expensive?
Presumably because they don't apply to taxis. Singapore definitely has a licensing system, don't ask me for details.
Taxis in NYC have medallions, that are significantly more than $100k, and that makes the scarcity of taxis just enough that they are in demand but rarely unused.
Taxis in NYC have medallions, that are significantly more than $100k, and that makes the scarcity of taxis just enough that they are in demand but rarely unused.