[sgbuffett]

1. The PAP govt claims that cars are not a necessity for most.
2. If there is no COE system the roads will be gridlocked.

My proposal is for half the COE to be set aside for families that really need a car.:

1. With handicapped children with mobility issues or care givers to elderly with mobility issues. Thia criteria can be set and used just like the govt can assess who qualify to claim for Careshield. 

2. The rest of the COE is to be bidded for by the other segment of society that do not really need a car.

Some people say those in sales jobs need cars. Those driving PHV also need cars as thus is their rice bowl. The COE for these groups should be purchased by companies that hire these people to do sales and PHV.

In the above system those with a REALneed for a car will not be deprived due to high cost kf COEs.

[WhatDoYouThink!]

Who'll pay for the drop in revenue from coe?

[sgbuffett]

Who'll pay for the drop in revenue from coe?

The PAP already said the COE is not for revenue as it fluctuate too much due to sentiment and annual budget cannot depend on COE....that is why they raise the GST.

[WhatDoYouThink!]

Do you know how much can be collected from coe? Without it how much gst has to increase to?

It's a very innovative and effective way to raise money quickly, can dun be so naive or not

[starbugs]

This kind of proposal lacks logical analysis.

What will happen when it's implemented?

First certainly is that two segments will be created. Needy market versus open market.

Fewer COEs up for opening bidding, so prices rise even more. Double, triple.

The needy market will then be incentivsed to become private hire drivers to make big bucks or rent their cars to rich folks under the table. So much potential for abuse.

[Blasterlord2]

Lousy proposal. Instead, what they should do is impose absd on car ownership and segregate phv bidding from normal bidding.

[WhatDoYouThink!]

https://bschool.nus.edu.sg/blog/tribute/...ennifer-2/

Proposer of the coe.

[Rainforest]

They won't do that one la. Wait long long. Imagine every month so much money pouring in and want to stop this windfall???

[WhatDoYouThink!]

Originally from tw. Her specialty was bidding systems.

[singlon]

People getting poor Roads getting emptied

[starbugs]

If this is adopted, there will be hundreds of thousands of people who claim to be needy. All want to Chao keng to get cheap COE.

[WhatDoYouThink!]

Vety chaotic, all families with young kids and old folks will ask for coe.

[sgbuffett]

If this is adopted, there will be hundreds of thousands of people who claim to be needy. All want to Chao keng to get cheap COE.

Just like insurance claims and Careshield claims knly genuine claims will be awarded

[starbugs]

Those people with disabled relatives will be in luck. Can apply a car in their names and say they need the car to bring their disabled relatives around.

Meanwhile, fewer open market COEs mean grab and taxi fares will double or triple for all the non chao keng folks.

[WhatDoYouThink!]

Other than coe, what else did you mention shd be need based? Sound very commie

[starbugs]

About 110,000 people in Singapore have some form of certifiable disability. That's 110k COEs (or >20% of private car population in SG), taken off the open market.

It looks like NUS was right all those years ago in rejecting a certain candidate.

[WhatDoYouThink!]

How to avoid abusing those cars owned by needy families? They may let others use their cars and so on. Definitely there'll lots of administrative work and dispute.

It's better to keep the current system as it is

[sgbuffett]

About 110,000 people in Singapore have some form of certifiable disability. That's 110k COEs (or >20% of private car population in SG), taken off the open market.

It looks like NUS was right all those years ago in rejecting a certain candidate.

You don't have to make person attacks at me because of a different point of view. Maybe if I had attended uni I will become so smart ...I won't generate such ideas.

Anyway Hazel Poa who was a govt scholar who graduated from.Cambdidge also proposed a needs based approach. ...may be she did not have the benefit of studying in NUS that's why she has such ideas.

[sgbuffett]

Those people with disabled relatives will be in luck. Can apply a car in their names and say they need the car to bring their disabled relatives around.

Meanwhile, fewer open market COEs mean grab and taxi fares will double or triple for all the non chao keng folks.

The other segment is demand supply based ...as a car is not necessary for hhose who are bidding they have the option not to pay the triple price by not bidding for something they don't need.

[WhatDoYouThink!]

Ahbutt shd hv joint garment in policy making. It's a great waste to shout market crash in a small forum.

[forum456]

COE should be allocated using needs based approach...

why do you need cars when you can call taxi and grab vehicle ?

only the rich will need cars.
the poor do not need cars.

[whylah]

The better/fairer system should be the person pay for his own biding price if he manage to get the coe.

[Bigbluedot]

strange :
only the rich will need cars.
the poor do not need cars.

rich need car for f when mrt and buses are excellent?

[sgbuffett]

strange :
only the rich will need cars.
the poor do not need cars.

rich need car for f when mrt and buses are excellent?

COE is a failed system based on following

1. Cars are are limited resource due to limited road capacity.
2. A limited resource has to be allocated to those who need most..
3. COE system allocate cars to rich and not to those who really need it.

4. The COE system is a failure ...as it leaves our society with unmeet needs.

[forum456]

strange :
only the rich will need cars.
the poor do not need cars.

rich need car for f when mrt and buses are excellent?

price of coe has no limit, it can go above $200K to $1 millions.
cars can become luxury item if coe go above $200K.

by that time, only the rich can afford to buy cars.
the poor will need to call taxi and grab or rent cars

[sgh]

There have been calls to revamp or revise the COE for many years. My take is no car will die then revamp needed else it is a money making tool for govt to do more stuff as got more monies. So question I want to ask say young families with babies and elderly parents, no car you will die? If will die yes then make that known to the MP during MTP session.