Cost of car ownership soars in Singapore

The cost of a certificate to own a large family car in Singapore has jumped to a fresh record high of S$146,002 ($106,619; £87,684). The city-state introduced the 10-year certificate of entitlement ...

In Singapore, Owning a Car Costs $106K— Before You Buy It

Singapore is the world's most expensive place to own a car—and the biggest cost involved has more than quadrupled in recent years. Under a quota system introduced in 1990 to cut traffic congestion, the city-state sells 10-year "certificates of entitlement" allowing the holder to own a car,