A basic commuter car costs over S180,000( US135,000) due to a compulsory 10-year quota license (COE/certificate of entitlement) that alone costs S$100,000+, plus registration taxes scaling up to 320% of the car's base value. Total running costs (tolls, parking, road tax) easily add S1,000–S2,000+ per month.
Singapore is so small though and cabs are cheap and I never needed a car. I can see why Waymo will be very attractive.
A lot of people get a car when they have kids as taking grab with a car seat can be unwieldy. Also, COE wasn’t always $100K, many people are still on legacy COE when it was $30-$50K
shell0x · · focus · HN ↗
Singapore is so small though and cabs are cheap and I never needed a car. I can see why Waymo will be very attractive.
vachina · · focus · HN ↗
shalmanese · · focus · HN ↗
normie3000 · · focus · HN ↗
immawizard · · focus · HN ↗
rossriley · · focus · HN ↗
eru · · focus · HN ↗
They are less strict for the latter.