‘Buy a flat with the same amount’: How Singapore is restricting car sales to beat traffic congestion
Singapore’s political situation and efficient public transportation system make it feasible for the government to throttle car purchases.
"Citizens could even buy a flat with the same amount."
— Bloomberg Quicktake (@Quicktake) July 12, 2022
The cost of owning a car in Singapore has skyrocketed as the government restricts sales to prevent congestion and pollution. @nurinsofia_ explains how that policy could affect residents https://t.co/bAvXkTkSJX pic.twitter.com/DtUH8FlN9I