Some think I am trolling here. Well you can always ignore my post and report to the administrator.
Other forumers have contributed some input and it helps me. Thank you very much.
I have some points on the property prices, now lets focus on prices of cars especially on the COE issue.
In this south east region, Thailand has the lowest car prices. In Malaysia, the car prices are very high whether local or imported. From the points I have gathered from other sources, it's because of the AP issue that push up all the car prices in Malaysia. AP is a so called 'behind door' method used by the BN cronies to rob money 'legally' from the car buyers. All these cronies become so rich at the expense of the rakyat. All in the name of corruption.
Singapore is the least corrupted country in this SE region but the car prices are higher than Malaysia partly blame on the COE imposed by the Singapore government in 1990. Under the COE, new cars are allowed to be on the road for 10 - 15years. After this time frame, the cars have to be taken off the road. Without COE, the prices are still expensive at par with Malaysian cars (don't take into consideration of exchange rate, dollar to dollar...ringgit to ringgit).
Take example Honda Accord 2.4 litre:
In Malaysia retail price is RM168k.
In Spore, price inclusive of COE is SGD186k. If no COE, price is SGD166k.
Any comments on the above? Is COE necessary? Is COE a burden to the people?
With no COE, the prices still the same level with Malaysian cars. Why is it so since Spore is the least corrupted country (by comparing with car prices in Thailand).
I agree with sg gov, what will happen if car is cheap in sg. do u want sg be polluted and got traffic jam liao??