The issue of car ownership amid skyrocketing Certificate of Entitlement premiums was hotly debated by TODAY readers this week. Inseries last weekend, car dealers, owners and industry observers shared their views on why people still buy cars in Singapore, and how the market has responded to help consumers.
Readers were divided over the issue, with many saying that families with young children or the elderly should be entitled to own a car. Others disagreed, saying that Singapore’s public transport system was sufficient, while some suggested changes to the COE system to bring down prices. Here's a selection of comments:COEs should be allocated based on need, not affordability. Families with children or elderly should be entitled to own one family sedan without the need to pay for COE.