Using the easy way out again!!! Cut COEs!!!!

[Scion]

  On 10/3/2011 at 2:57 PM, Leeke1 said:

bro treat ur malaysian fren nicer le....we used to be one happy family...our background is the same...singaporean can happily make malaysia their 2nd home if not becoz of the crime rate....we share so many commonalities unlike other nationality...

 

 

sure... on personal level, i do have many good friends from MY

 

however, on a political point of view, i still think our nation should do more for its citizens... just as TCB said, Singaporeans first!

 

if your country doesn't even treat you well, which other countries will?

[Leeke1]

  On 10/3/2011 at 3:00 PM, Scion said:

sure... on personal level, i do have many good friends from MY

 

however, on a political point of view, i still think our nation should do more for its citizens... just as TCB said, Singaporeans first!

 

if your country doesn't even treat you well, which other countries will?

ok thanks for the advise...i will convert to singaporean next year....just some paperwork...

[Juzzme]

Slight cut in coe quota, could push the prices up by a more than proportionate percentage. Someone do the sums....see how much more revenue is generated. Coe prices have like tripled over the past couple years, but have quotas been even halved??

 

Not questioning the govt's motive here, but truth is almost invariably the govt purse will get fatter everytime they do something that involves the peoples $

 

And yes, cutting veh growth does slow down the rate of traffic deterioration. Dun need a multi million dollar elite to come up with that.

 

[Joseph22]

  On 10/3/2011 at 2:18 PM, Orionong said:

Why cant our Ah Lui be more creative in handling our COEs! Congested only means cut down on COE! WTH!always use the the easy way out.Y dun restrict PR in buying cars?or they pay higher COEs??Since we have world class transport! Owners with more than one car will have to pay a higher COE for the next and so on!?!Certain profession like sales people can have slight privilege in buying cars capped at certain category only? I think there are really many ways than only cut COE!!

 

good ideal ah.. suggested by ppl like you in the first place. then price of car soar. the same set of ppl complain why chose easy way out.

[Scenic98]

And nite ERP going to go up again. Damn....5 months after elections, they are back to their old ways. So where/when did they listen to public views? And some of these suggestions are from credible people like professors in transport.

 

[Orionong]

  On 10/3/2011 at 3:03 PM, Juzzme said:

Slight cut in coe quota, could push the prices up by a more than proportionate percentage. Someone do the sums....see how much more revenue is generated. Coe prices have like tripled over the past couple years, but have quotas been even halved??

 

Not questioning the govt's motive here, but truth is almost invariably the govt purse will get fatter everytime they do something that involves the peoples $

 

And yes, cutting veh growth does slow down the rate of traffic deterioration. Dun need a multi million dollar elite to come up with that.

YA lor ya lor.... I also say that loh... [rifle]

[Forrestcat]

  On 10/3/2011 at 3:03 PM, Juzzme said:

And yes, cutting veh growth does slow down the rate of traffic deterioration. Dun need a multi million dollar elite to come up with that.

To a certain extend, yes it does slow down the rate of traffic deterioration.

But you make parking/ERP/petrol rates cheap, you are back to square 1.

Ever wondered why carparks are always full? Make it $10/Hr & you will see the difference

Edited October 3, 2011 by Forrestcat

[Mockngbrd]

f--kED UP LA.... PUI!!!!

[Kyrios]

SINGAPORE: Minister for Transport Lui Tuck Yew has said that Singapore's annual vehicle growth cap would be cut further from next year.

 

Mr Lui did not say how much lower it will go. The quantum, he said, would be announced in October.

 

Mr Lui said this in an interview with the local media ahead of the opening of the new Parliament sitting next week.

 

The annual allowable vehicle growth rate now stands at 1.5 per cent.

 

One way Singapore manages its vehicle growth population is through the vehicle quota system.

 

Under it, the Land Transport Authority (LTA) determines the number of new vehicles allowed on the roads.

 

It takes into account the prevailing traffic conditions and the number of vehicles taken off the roads permanently.

 

The last time the quota was cut was in 2009, when it was halved from three per cent to 1.5 per cent.

 

Explaining the reason for the upcoming cut, Mr Lui said one consideration is the fact that Singapore's road network will be considerably scaled down in future.

 

"In the recent decade, I think the roads have grown by about one per cent and going forward, we think it probably will grow only about 0.5 per cent per annum, this is the road network," Mr Lui said.

 

"You can't allow it (the vehicle quota) to grow at the rates in past years simply because the road networks are not expanding as what we have done before.

 

"And there is also a limit to what we can do with regard to congestion pricing. So it's really trying to find a balance to these two measures".

 

Mr Lui ruled out the possibility of a zero-per cent population growth for vehicles.

 

"It is a combination of both ownership measures as well as usage measures that is most ideal," he said.

 

"You could theoretically bring it down to zero or even below zero but I think it will bump up against the aspirations of some who want to own a car.

 

"Notwithstanding whatever it is, we try to improve on the public transport system and there are those who feel that they really need a car.

 

"They have elderly, sickly parents around and it is a lot more convenient, so we understand all that."

 

One expert said any drastic cuts would not make sense given that the average speed on expressways last year was about 62 kilometres per hour (km/hr).

 

It was 28 km/hr along arterial roads and within the CBD.

 

In 2002, the average speed on expressways was 64.8 km/hr. It was 63.3 km/hr in 2010.

 

Along arterial roads and within the CBD, the average speed was 24.6 km/hr in 2002.

 

In 2010, the speed improved to 28 km/hr.

 

Associate Professor Anthony Chin, director of the Economic Executive Programme at the Singapore Centre for Applied and Policy Economics, said: "Are we saying that 62.3 km/hr is not acceptable? That we have to cut ownership?

 

"Secondly, do we understand usage behaviour well enough to just go for this blatant cut in the ownership?"

 

"It's not just a question of ownership but it's the usage, because we are now tackling the usage problem -- congestion is a usage problem.

 

"You can own cars but if everybody uses it at the same time, at the same location, well, you don't need a professor to tell you that you will get traffic congestion because you are just loading it into the system."

 

Assoc Prof Chin added: "At this particular moment, the road speeds seem to be acceptable, unless you are saying that in the future, that this road space will not grow by one per cent and you don't do anything, you don't do any traffic management, you don't do any of these policies that would affect the behaviour of the motorist.

 

"Then I would agree that you would have to cut -- that makes sense, does it not? If the space is not going to grow by so much and you want to maintain these speeds, then of course something's got to give."

 

Industry players said the cut in vehicle growth will very likely push up car prices.

 

Tan Chong Motor general manager of sales and marketing Ron Lim said: "Based on vehicle population numbers of 925,772 as at end-August 2011, 1.5 per cent vehicle growth would translate to 13,887 Certificates of Entitlement (COEs).

 

"Thus, every 0.5 per cent cut will translate to 4,629 fewer COEs.

 

"Given the total COE number to be released is dependent on the growth allowed and the replacement of deregistered vehicles, even if we assume de-registration numbers remain constant, as per numbers from January-June 2011, every 0.5 per cent cut in the population growth will translate to a cut in COE numbers by around 10 per cent compared to the current COE quota.

 

"This situation occurs due to the already record low number of COEs released currently.

 

"All these only point to higher COE prices which will further impact purchases, causing further delay in people replacing their vehicles, thus, not addressing the whole purpose of curbing vehicle population growth.

 

"As the reduction of COEs will be across the board, businesses will also be impacted due to higher operating costs from commercial vehicles.

 

"Thus, overall, this will mean an even tougher time for the auto retail industry and eventually higher ownership cost to car buyers and business."

 

But there is some good news for motorists -- evening Electronic Road Pricing (ERP) surcharge at some gantries such as along the CTE, Chinatown and Boat Quay areas may be tweaked.

 

Mr Lui said the tweak will involve the timing of evening ERP, not doing away with the surcharge.

 

He said: "This is something I have asked LTA to study -- whether it's possible to tweak the timings a little bit during the evening period.

 

"Frankly, I think there are some drivers who are prepared to pay a certain amount for ERP in order to have a smoother drive home, particularly in the evenings.

 

"There are some who would say, 'why should I pay?' I think there is room for some re-look into the evening peak ERP, not to do away with it, but to tweak the timings."

 

Details will be announced in October.

 

_________________________________________________

 

So all those dreaming of changing cars during the bumper crop of COEs said to be released in 2013 onwards are in for a rude shock..like me..

[Watwheels]

Ho say liao. Everything indirectly will be driven up in terms of costs. Gahment's pocket Kah Ching $$$$$$$$$$$, wins again. You & me LLST kenna squeeze dry dry.

[Mllcg]

  On 10/3/2011 at 3:16 PM, Forrestcat said:

To a certain extend, yes it does slow down the rate of traffic deterioration.

But you make parking/ERP/petrol raates cheap, you are back to square 1.

Ever wondered why carparks are always full? Make it $10/Hr & you will see the difference

 

make car cheap to buy.

 

no ARF and maybe LIFETIME COE.

 

but parking 15/hr(tokyo,New York)

 

and every "toll"(ERP) at $10-15 per gantry.

 

sure can control one.

 

cheap to buy.

 

but expensive to drive.

[Mecontle]

one advise , retire in JB leave the nonsense to rot on its own

[Jetabout777]

  On 10/3/2011 at 2:48 PM, Orionong said:

this is not double standard leh... PR cant buy brand new subsidized flats in SG too... u dun call that double std right? Is just a matter how the GOVT chooses which method.

 

You already mentioned "subsidized", so this is a privilege of being a citizen. Cars have never been subsidized in the first place so there is no issue. Whoever can afford to pay the premium gets to own the car.

[Porche]

then y don't cut the taxis on the road. damn it

[Sosaria]

  On 10/3/2011 at 3:43 PM, Mllcg said:

make car cheap to buy.

 

no ARF and maybe LIFETIME COE.

 

but parking 15/hr(tokyo,New York)

 

and every "toll"(ERP) at $10-15 per gantry.

 

sure can control one.

 

cheap to buy.

 

but expensive to drive.

 

Actually this was why there is too many COEs out there in the first place. All starts and ends with some govt idea.

 

You recall that previously, they released more COEs with the idea to make vehicle ownership affordable - so COE, road tax go down. But driving/using the car will be made more expensive, through increased ERP, parking charges, and some grand scheme involving GPS/satellite tracking tech. Govt pockets more revenue while more people tie themselves down to buying and owning a car. At the same time, spread propaganda that people's standard of living is improving - more families can now "afford" cars... everything win, win.

 

Now fast forward a couple of years. Roads have become more congested thanks to the above policy. But operating charges like ERP and so on are not able to deter people from driving their cars (of course, since people already pay so much, they will definitely want to drive their cars at every opportunity, otherwise the car is an expensive white elephant).

 

Next comes this new million-dollar guy propose going back to square one, i.e. cut the number of COEs, and prices will likely soar back to levels seen 10-20 years ago when even cheap cat A cars cost upwards of 100k Really... "Back to the Future"!

 

[Sosaria]

And once the number of cars are cut down... now what? Imagine those drivers now have to rely on public transport.

 

And the public transport system - even now, without the addition of so many new potential passengers - is already bursting at the seams and going to break down soon... thanks to a couple more brilliant people who decided to bring in so many FTs, while neglecting to study whether the infrastructure is fully prepared for the effects.

[Csnewbie]

  On 10/3/2011 at 2:18 PM, Orionong said:

Why cant our Ah Lui be more creative in handling our COEs! Congested only means cut down on COE! WTH!always use the the easy way out.Y dun restrict PR in buying cars?or they pay higher COEs??Since we have world class transport! Owners with more than one car will have to pay a higher COE for the next and so on!?!Certain profession like sales people can have slight privilege in buying cars capped at certain category only? I think there are really many ways than only cut COE!!

cut population.....be contented with what it should be.

[Kezg1]

  On 10/3/2011 at 2:18 PM, Orionong said:

Why cant our Ah Lui be more creative in handling our COEs! Congested only means cut down on COE! WTH!always use the the easy way out.Y dun restrict PR in buying cars?or they pay higher COEs??Since we have world class transport! Owners with more than one car will have to pay a higher COE for the next and so on!?!Certain profession like sales people can have slight privilege in buying cars capped at certain category only? I think there are really many ways than only cut COE!!

 

 

The saying goes...." Angel also them...Devil also them....(MIW )"