The biggest drop was in the category for cars above 1,600cc or 130bhp and electric vehicles with more than 110 kilowatts of power.2022 has been an insane ride for many motorists here in Singapore. From skyrocketing fuel prices to COE premiums going well past the $100,000 marker, car ownership has never been quite as daunting as it current is today.
But as the year-end festive season approaches, it seems that car owners here can discard any hopes of having a slight reprieve from this financial black hole. The Singapore Land Transport Authority announced to motor traders earlier this week that it will be increasing 25 vehicle-related fees and charges from Dec 19, 2022 onwards. According to the original news coverage by
, consumers can expect between 10 to 25 per cent in price hikes, with the vehicle registration fee seeing the sharpest increase, by a whopping 59 per cent.
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