Wednesday 30 January 2008

one half of good news

ok ok..... here's one half of a piece of news...... for those looking to buy a car in the coming weeks and months, pls HOLD ON...... the Additional Registration Fee will be reduced from 110% of Open Market Value to 100% of OMV from march 08 onwards.......... which means cars will be cheaper...... maybe just slightly cheaper than now.....

in addition, the government will reduce the road tax for vehicles..... 15% less from july 08...... right now i am paying S$864 for 12 months' road tax and in july i shd be looking at S$734........ not too bad a reduction but the savings from one pocket will go into another pocket......... for the government will pay more attention at charging for road usage......

and now for the bad news...... more ERP gantries will be up.... a total of 16 over a few phases........ and each time u go pass one, it's going to hurt more.... trust me, the government will make sure it HURTS so that car owners will keep their cars at home haha

more details at http://www.channelnewsasia.com/stories/singaporelocalnews/view/325824/1/.html

1 comment:

Anonymous said...

hi, new to the site, thanks.