Supporter of high COE Prices

[Ithunk]

It is the people living in this country that wanted a taste of the good life - meaning that they wanted to own a car. So, the Government adjusted its original demand and supply focus, when COE was implemented.

 

In order to continue making these people happy, and yet, control the number of cars, the ERP was implemented. But, all these failed to curb the appetite for cars and therefore, the Government has to take this action of reducing COEs.

 

Let's all look at the current road conditions - it is often very jammed at specific times of the working day. A lot of people should not be driving and pushing the demand for more car parks. Many ordinary managers and executives or lower levels should just use the public transport. But, of course, the MRT and buses today are equally packed. The reason is due to the increased in population size and the transportation infrastructure has not caught up with the increase in population. Therefore, demand for cars continue to increase as frustration over public transport drive more people to the excuse to own cars. Well, understanding the dynamics behind is better than asking the Government to change the COE policy. Don't let our roads become a huge carpark.

 

http://www.todayonline.com/Singapore/EDC10...COE-prices-jump

[Sunnycrowe]

yes im a supporter of high COE prices too.... we need to accept the fact that SG is a small busy city n owning a car is considered a luxury item, therefore a car shld not come cheap....

 

but i disagree on the below 2 things:-

 

1. Govt shld hav acted earlier on the supply of COEs avail, rather than make a sudden drastic cut...... its like giving yr child $10 a day for 10 yrs, then said "sorry i over-calculated, from now on i will only give u $1 per day"....... how do u expect ur child to survive on $1 per day out of a sudden... LTA has admitted that in the past they hav over-release the no of COE avail, now causing so much jam n they hav to resort to increasing ERP.....

 

2. ERP.... is the most ineffective traffic control tool ever, this only helps to drain car owners pockets yet did nothing to ease traffic congestion...

[Whitecvt]

Totally agree with it.

 

Some people may say such opinions are elitist but I'm sorry, drivers who commute to work during normal business hours will know that the roads are just too jammed and we always have people who would wait by the side of ERP gantries or purposely go slower just to save a dollar.

 

If they allowed the number of cars to rise the way it did earlier, i wouldnt be surprised it we start facing gridlocks.

 

too little done, too late.

[Mikethm]

Totally agree with it.

 

Some people may say such opinions are elitist but I'm sorry, drivers who commute to work during normal business hours will know that the roads are just too jammed and we always have people who would wait by the side of ERP gantries or purposely go slower just to save a dollar.

 

If they allowed the number of cars to rise the way it did earlier, i wouldnt be surprised it we start facing gridlocks.

 

too little done, too late.

 

Basically rubbish.

 

If say they set COE at $500,000 and you can't afford it, then you won't support it. You merely supporting it coz current "high" COE is affordable to you.

You talk rubbish about roads being too jammed. That being the case, why not you support reducing cars to 1% of current figures. That way, roads will be super smooth ( no traffics light needed) and you can't afford a car. I'd love to see you support a policy which reduce cars and jams from the inside of a jam packed MRT train.

 

Personally, I say only males who completed 2.5yrs of full time NS and 10 years' cycle should be allowed to purchase 2 cars. One for their own use and one to rent out to companies who need vehicles. This ensure that the roads are smooth and also serve to reward sacrifices made by servicemen (excluding the chao keng who siam their reservist cycle). *sarcasm intended*

[Zyrofillica]

Basically rubbish.

 

If say they set COE at $500,000 and you can't afford it, then you won't support it. You merely supporting it coz current "high" COE is affordable to you.

You talk rubbish about roads being too jammed. That being the case, why not you support reducing cars to 1% of current figures. That way, roads will be super smooth ( no traffics light needed) and you can't afford a car. I'd love to see you support a policy which reduce cars and jams from the inside of a jam packed MRT train.

 

Personally, I say only males who completed 2.5yrs of full time NS and 10 years' cycle should be allowed to purchase 2 cars. One for their own use and one to rent out to companies who need vehicles. This ensure that the roads are smooth and also serve to reward sacrifices made by servicemen (excluding the chao keng who siam their reservist cycle). *sarcasm intended*

 

transport ministar shd learn from our superstar HDB ministar and do it like MARBORLO TaN does it. ONLY AFTER U ROM, can u apply for COE at $30K (nominal price) and buy car. But must wait 2 years to Process ur coe application. So each couple only entitled one COE. For singles, Only after u hit 35 can u apply for COE at $30K nominal price but u get it immediately. each couple can only hold one nominal COE at a time and can renew COE once current one expires. However, if 2 cars are required/desired, then they may bid for OPEN market COEs. throw in 2 free motorcycle COEs to encourage alternative personal transport for young adults in the family nucleus or as alternative work transport for those who are working within the family. Transferring or selling of COE between parties is deem illegal and punishable by hanging.

 

Then there is the OPEn market COE, similar to the private landed homes and condos. the prices of these private coes are market driven and quotas are determined by the govt. Let the rich pay if they want more than 1 car in the household. so they can skyrocket to $1 million for all i care, as long as basic need for one vehicle per married couple is attained.

 

This is just for Private Car COEs. Motorbike/company vehicle COE wait till got problem then i think about it for solution K. cos i follow last minute action style like our MIW.

 

how? do u think this is feasible? serious discussions pls.

[Jeffang]

i am happy that COE is back to normal.... cos it went crazy for the last 10 years!

i own car started from then when COE was 70k.... when my friend own his 1st car COE at 110k!!!

 

cos for the past 10yrs... the road getting more & more car... i just hope this COE system will stay at least 70k

people may say i just buy a new car (i got my COE at 34k).. that why support this... but anyway... i change my car every 3-4yrs... so for the next 3-4yrs... i think COE will go higher... but i just hope by then it will still around 70k-100k.... which will be lesser car on the road... and lesser wait to go into carpark or looking for lot in shopping centre...

 

and ERP!!! go higher!!!! $10!!! hahahha

[Seaweed]

there is nothing wrong with COE...But something wrong with a COE that can range between $1 and $100k!!!

[SimonTan]

I think ERp was implemented half heartedly.

By right it should be more expensive and more widespread.

 

[Seaweed]

u need to wait at least 6 yrs for it to happened...because average car age in sg is something like 4 yrs...it is not because road or carpark not enough....it is because we all like to go the same place...

[Silver_blade]

I don't see what's it has got to do with how high/low of COEs prices. Be it $3 or $300,000....as long as all the available COE's are snapped up....the no. of cars on the road will still be the same. It just means the majority type of cars may be different eg. low COE price may see more bread and butter cars, high COE may see more luxury car.

 

The problem to today's jams are probably combining factors such as over-estimate of de-registration of cars therefore too many COEs were issued in the last few years, pace of increase in population much faster than that of infrastructures such as road network, public transport, etc... There is also the fact that more houses are built in the sub-urban area and more commercial buildings are built in the CBD area....meaning more people need to travel across the island to get to their workplace and home.

 

So, I really don't see how the prices of COEs is going to help or make the situation worse.

[Dragonl]

Selfish bunch of ppl. All who support high coe just want the road to yourself. So when private cars gone down and public transport goes up, are u all going to say to reduce public transport too? Can afford buy a helipad n a copter, no jam.

[Tonyng]

Car ownership has been linked to happiness level of a populace in several studies and I believe much so in Singapore.

 

Yes true, we have land constraints and congestion problems to tackle.

 

But NOT ALL people cars use their cars during rush hour and on major road arteries!!!

 

Make cars cheap but let us pay for each use so that we will make our own decisions on how and when we drive them!!!!

 

 

 

[Genie47]

Gentlemen,

 

Please understand that the roads being clogged up is due to car usage.

 

Cars filling up parking lots in your home MSCP is due to car ownership.

 

So to tackle usage, the ERP is used.

 

To tackle ownership, the COE is used.

 

However this gahment is sibeh evil.

 

You can tackle car usage with fuel prices (UK and HK).

 

If the cars are filling up your home MSCPs until you got to park into the streets, you can increase MSCP prices.

 

When it doubt, apply Occam's Razor. I doubt the gahment knows how to. A sexier solution is always sought after that can bring in millions of bucks.

[Watwheels]

The root of the problem is still public transport and that also includes taxis. If gahment wants to tackle the road congestion problem they shud first look into the public transport becos the root cause I think is ppl are put off by the inefficiency of the system and thus leading to want to own their own transportation. An example...

Problems that plague LRT

 

I believe there are lots of complains on buses and their inconsistency, same old problem. As for taxis ppl have a hard time figuring out the surcharge system till today. It's so complicated that ppl give up the idea cos ppl generally have no idea how much will be spent on a trip or even on a long term basis. If only there's a system that could give commuters a rough estimate of how much they will be charged from point A to point B. That would certainly help improve service and improve businesses for taxi companies.

 

If the public transport system is greatly improved dan commuters would put off the idea of owning their own private transport. And thus reduce the amount of traffic congestion. Instead of spending valuable resources to build more ERP gantries they could have use it to improve on the public transport system. Even if gahment significantly cut down on the quotas of COEs and increase the ERP pricing exponentially the problem would not go away. And ppl would only become increasingly frustrated and even angry with the gahment. I can only see more problems piling up with the current policy.

Edited December 24, 2010 by Watwheels

[Mustank]

at the end of the day, solving this problem cannot do without decentralisation of city centre to the heartlands

[Vhtfhwlego]

Selfish bunch of ppl. All who support high coe just want the road to yourself. So when private cars gone down and public transport goes up, are u all going to say to reduce public transport too? Can afford buy a helipad n a copter, no jam.

Seems like someone had missed the boat .

It is about "The Need Or A Want".

 

If that you really need a car, you may go shopping in the Used Car Mktg which wasn't much affected by the COE.

Brand New Car had increased over so much as 50K over the last year but the increase for used car is only about 10K (base on 5 years old car).

Difference is only about $2K more depreciation per annual (+car mktg price $5K = $7K) comparing with brand new is at $7K per annual on COE only.

 

If that it is a Want, then dont complain so much about the rising COE prices.

[Jerrimie]

fuk those off peak cars la becos of them i always cannot get season parking at my house's open air carpark. Buy car to park whole day. Dam fuking dumb!

[Vhtfhwlego]

at the end of the day, solving this problem cannot do without decentralisation of city centre to the heartlands

They are trying to....

Take a look at Changi Business Centre....

However it will not be quite possible for normal OL staying in Jurong to travel to Changi in MRT everyday.

Hence creating another problem for HR resources.

But, there is always people in the East to hire as well.

 

I just dont like it when everybody is going to work the same place at the same time.

Whether there is ERP or not, it is not going to control the jams as people need to go to work.