Monday, October 30, 2017

Samsung SALE!! Hurry!

There is a wide range of Mobile phones available in market. But some of the picks that we recommend you can buy from Samsung at a very reasonable price.

Amazon has launched Samsung Fest where you can pick your samsung mobile at a discounted price.
These are readily 'Fulfilled by Amazon'.

Hurry Now!


    

Thursday, October 26, 2017

You can't buy car in Singapore! | Updated

Motorists enter the financial district area in Singapore. 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.
(Image source: HT)

You can't buy car in Singapore now. Let's rephrase, you cannot afford to buy one from Feb 2018.

The growth cap of all passenger cars and motorcycles will be cut from 0.25% to 0% which means no new vehicle can be added in registration and ply on road.

Singapore is already in the list of one of the most expensive places in the world to buy a vehicle. 
You must first apply and get a certificate to own a vehicle which costs around 50,000 Singapore dollars. In Indian currency, that goes beyond 24 lakh Rupees.

Road taxes are also very high. Road taxes are renewable on a six-monthly or yearly basis. You may only renew your road tax if your vehicle has a valid inspection certificate. Cars between 3 to 10 years old must be inspected once in 2 years; cars older than 10 years must be inspected every year. Motorcycles and scooters must be inspected once a year only if they are older than 3 years. Inspection notices are sent to vehicle owners three months before the road tax expires.

There also exists a quota on the number on car registrations.



it is already very expensive to own and drive a car in Singapore.The government has implemented a range of measures to manage car ownership and usage. These include the Certificate of Entitlement (COE), Vehicle Quota System (VQS), road taxes and Electronic Road Pricing (ERP)



Almost 12-13% of total land area is already occupied by Roads. There is limited area for expansion.

But, here's a twist. The government has plans to tackle this and will spends billions over the next 5 years to expand and upgrade the existing public transport system.

We should appreciate this and welcome the same in every country.