Vehicle growth rate will be reduced: LTA

[Whitecvt]

I REFER to last Saturday's article, 'More cars on the roads - COE system not working to plan'.

The article concluded erroneously that the certificate of entitlement (COE) system is not working as planned. As a result, there are more cars on our roads, and the roads are more crowded than they otherwise would be. This is categorically not the case.

 

Since the introduction of the COE system in 1990, the vehicle population has grown at a Compound Annual Growth Rate (CAGR) of 2.7 per cent from 1990 to 2007, which is within the prescribed rate of 3 per cent per annum. The vehicle population at the end of last year is therefore not larger than it should be, based on the allowable growth rate of 3 per cent per annum; in fact, it is smaller. The COE system has therefore been effective in keeping the growth of the vehicle population within the prescribed limit, even though the growth rate on a year-to-year basis may fluctuate.

 

The roads are crowded not because the COE system is not functioning as intended, but because at 3 per cent per annum, vehicle growth significantly outstrips road growth at 0.5 per cent, thus making it untenable to continue at this rate. That is why the Land Transport Authority (LTA) will reduce the vehicle growth rate from 3 per cent to 1.5 per cent per annum from Quota Year 2009, that is, May next year, as announced in the Land Transport Masterplan. This rate will be reviewed after three years to assess whether a further reduction is necessary.

 

Geoffrey Lim

Deputy Director, Media Relations

Land Transport Authority

 

Source: http://www.straitstimes.com/ST%2BForum/Sto...ory_292872.html

[Whitecvt]

This article caught my attention :)

 

His reply still seems flawed to me... lol he knows 3% growth outstrips road growth at 0.5% yet they only wanna "reduce" it to 1.5% ... meaning they will still knowingly flood the roads?

 

and i oso tot there was some thing abt LTA miscalculation

 

andddd...... i thought LTA introduced COE to limit the number of cars on road :) then later they came up with ERP's tax us for slow moving traffic and congested roads.... this kinda seems like they are making us pay for their fault of overcrowding the roads

Edited October 21, 2008 by Whitecvt

[Cklasse]

A good reason to put up gantry. I noticed the stretch of TPE from Pasir Ris to Punggol is perpetually jammed in the evening lately, maybe a good place and reason to put up a gantry soon. The only expressway in Singapore to avoid gantry for the longest time and I believe the time is up.

[Roh96]

So isn't this a good news for car owners, lower growth so lesser jam?

[Whitecvt]

think they talk cxxk wan lar..

 

they say limit to 3%.....

i tot got one year they said got 9% increase in car ownership.... obviously they covering up the fact that they just want $$$ from COE

[Lv3338]

they talked about reducing the quota...every year.... ...

But do u feel the reduction in term of lesser jam ....

or this just a PR article from a crap...media relation dep ?

[Ahyoo2002]

I read the last Sat article, I think the problem is not so much of growth rate problem but rather very diffcult to predict how many people will scrap their cars due to many reasons such as high COE price when they bought the car.....

 

Another reason is also economy, I remember the chart shows ZERO or negative car population growth for 1997/1998 and 2001/20002.

[Ccssgm]

Half Pcs of A4 Paper Cost More than 10K

Which Business Can Earn so[thumbsup] $$$ ?

[Nutty]

Got...

 

Half a brain earrns 600k per annum.

[Dojt142]

A good reason to put up gantry. I noticed the stretch of TPE from Pasir Ris to Punggol is perpetually jammed in the evening lately, maybe a good place and reason to put up a gantry soon. The only expressway in Singapore to avoid gantry for the longest time and I believe the time is up.

 

U are right. Was on my way from SK to Pasir Ris and i notice there's 2 grey colour metal structure on the Pasir Ris bound side of the TPE just afther filtering out from Punggol.

[Leepee]

I think the ARF was not reduced this budget year was partly because it will cause the new car price to reduce and more people deregister old car and cause unstability to the way LTA can allocate replacement COE. We are once again PUNISHED by their lack of capability.

 

The blame should indirectly be placed on LTA's failure for not able to give the finance minister the confidence to reduce the ARF eventually to zero!

It was sort of promised by the finance minister in one of his previous speech many moons ago to reduce the ARF to zero eventually.

[Getzoooom]

A good reason to put up gantry. I noticed the stretch of TPE from Pasir Ris to Punggol is perpetually jammed in the evening lately, maybe a good place and reason to put up a gantry soon. The only expressway in Singapore to avoid gantry for the longest time and I believe the time is up.

with such high volume of traffic on a "3-lanes only" TPE every morning, any small road work will practically caused TPE jammed...

 

I would think either is their mis-calculated the traffic vol when building TPE, or maybe they purposely build such a narrow TPE so in future they can put ERP..

 

 

(*Note: Even punggol rd got 4 lanes, hw come e'press way only 3 lanes?? )

[Lightbringer]

think they talk cxxk wan lar..

 

they say limit to 3%.....

i tot got one year they said got 9% increase in car ownership.... obviously they covering up the fact that they just want $$$ from COE

 

In case you missed this:

 

"Since the introduction of the COE system in 1990, the vehicle population has grown at a Compound Annual Growth Rate (CAGR) of 2.7 per cent from 1990 to 2007, which is within the prescribed rate of 3 per cent per annum."

[Tedyruby]

think they talk cxxk wan lar..

 

they say limit to 3%.....

i tot got one year they said got 9% increase in car ownership.... obviously they covering up the fact that they just want $$$ from COE

 

What to do? Our garments are loosing $$$$ because of the financial crisis. Courtesy of Ms x from Tamassit holdings. USD 5 billions or millions can help the needy. When I watch the parliament meeting last night already very TL. Cannot anyhow touch reserves. What the fish. All sorts of craps excuses. These are our tax payers $$$$. Paint a very beautiful picture. Even ah pek or ah ng are not that silly to believe them.

 

Then no choice lor. We sillyporeans have clear the shits. Only revenue our dear garment are COE, ERP gantries, 22% hike in electricity tariff. More to come. Wait and see. No eyes to see then can go die.

[Kezg1]

HAVE...small credit card size(WP)....average 200plus x 1 over mil..every month..is it better?

[Mrlau]

If the car growth rate is 3% per annum:

 

Is our road growth 3% per annum ?

Our land will growth 3% per annum ?

[Curahee]

True, i still see many new car around, road still as jam.

[Chrispie]

So isn't this a good news for car owners, lower growth so lesser jam?

 

 

do bear in mind that lesser growth so lesser jams does not equate lowering of ERP or stopping the erections of gantries.

 

I think they are really getting a kick out of seeing gantries up everywhere.. like how dog pisses around to expand the territories..

 

Final frontier, Tekong Highway Gantry.