SG Talk
The only way to solve COE problem is mindset change.. - Printable Version

+- SG Talk (https://sgtalk.net)
+-- Forum: SG Talk (https://sgtalk.net/Forum-SG-Talk)
+--- Forum: Market Talk (https://sgtalk.net/Forum-Market-Talk)
+--- Thread: The only way to solve COE problem is mindset change.. (/Thread-The-only-way-to-solve-COE-problem-is-mindset-change)

Pages: 1 2


The only way to solve COE problem is mindset change.. - sgbuffett - 17-10-2023

Today we have an extensive network of public transport.
[Image: QF2KjJP.jpg]

When we talk about COE we are talking about roughly 11% of the people the other 89% are not affected by COE as they don't own cars and don't pay a single cent for COE

Hence the public transport meets teh requirements of travel for almost 90% of the people.

Cars are luxury goods like landed property and rolex watches in Singapore. Except for an even smaller number out of the 11% with disabled family member estimated  to be 1-3% and private hire vehicles(40,000) another 4% of the total car population. .

We can see the vast majority of car owners do not really need cars but purchase a car as a luxury item.

Policies cannot cater to those who want luxuries. We do not go and make landed property cheap so that people can own it. We don't subsidise rolex watches or holidays to europe.

Policy cannot  be designed for a small minority who want luxury living.

I propose a needs based approach to allocate COE

1. Allocated to those with immediate needs like disabled family member and parents with mobility issues and the disabled who can drive but cannt take public transport.

2. Create a special allocation for PHV vehicles that cannot be used outside of PHV business. This number should make the increase in demand for PHV.  Remember one PHV can serve many families as it is a shared vehicle almost like a public service. This will help maximise people's access to a car through PHV on occasions that they need.

3. The remaining COE to be bidded by public and businesses.

4. Remove all other subsidies for car parks to encourage behavior change.

5. Keep improving public transport service level.


RE: The only way to solve COE problem is mindset change.. - Gstalk - 17-10-2023

The only way is to let others take over and I am very sure the problem will be solved


RE: The only way to solve COE problem is mindset change.. - surfer - 17-10-2023

If you are disabled, how can you drive?


RE: The only way to solve COE problem is mindset change.. - surfer - 17-10-2023

High COE prices is because PH companies are lumped together with the general public to bid. These companies have unlimited cash to splurge to expand their fleet and pass the costs of hiring to the public. Only when you remove or have a different segment for these COEs for PH companies will the COE come down for the man in the streets. My opinion


RE: The only way to solve COE problem is mindset change.. - Blasterlord2 - 17-10-2023

How come sgbutt kept repeating his call like a broken record, when others already told him this is not a feasible solution?


RE: The only way to solve COE problem is mindset change.. - forum456 - 17-10-2023

(17-10-2023, 08:49 AM)sgbuffett Wrote:  I propose a needs based approach to allocate COE

1. Allocated to those with immediate needs like disabled family member and parents with mobility issues and the disabled who can drive but cannt take public transport.

why they cannot call taxi or call grab car or rent cars ?


RE: The only way to solve COE problem is mindset change.. - moonrab - 17-10-2023

With a wonderful public transport and affordable. Who needs a car?


RE: The only way to solve COE problem is mindset change.. - Napoleon Porlumpar - 17-10-2023

the change in mindset...................???


since cars are so expensive, it's a mobile status symbol - people buy cars to show they got money...........how to change mindset ?


RE: The only way to solve COE problem is mindset change.. - forum456 - 17-10-2023

who need black and white bungalows ?
only the rich and PAP ministers need black and white bungalows.

who need cars with coe of above $140K ?
only the rich need cars with coe of above $140K.

based on need, only the rich need cars.


RE: The only way to solve COE problem is mindset change.. - Sharexchange - 17-10-2023

Stupid...car are essential tax income for sg govt. More cars are better. Else your mrt fare will increase to 2 dollar minimum.

Think critically. The gov is happy with high Coe.


RE: The only way to solve COE problem is mindset change.. - WhatDoYouThink! - 17-10-2023

Needs based again? Even commies dun do that anymore


RE: The only way to solve COE problem is mindset change.. - moonrab - 17-10-2023

(17-10-2023, 10:07 AM)forum456 Wrote:  who need black and white bungalows ?
only the rich and PAP ministers need black and white bungalows.

who need cars with coe of above $140K ?
only the rich need cars with coe of above $140K.

based on need, only the rich need cars.

Good lo.
The richie pay more to subsidise public transport. Build more cycling paths..🤣


RE: The only way to solve COE problem is mindset change.. - cityhantam - 17-10-2023

(17-10-2023, 08:53 AM)Gstalk Wrote:  The only way is to let others take over and I am very sure the problem will be solved

Let Ms R Khan take over?  Thinking


RE: The only way to solve COE problem is mindset change.. - Ernesto - 17-10-2023

Since COE and petrol has been getting
expensive,many will opt for public transport.
Why public transport keep increasing fare?
Doesn't seems right.
Majority just love to be squeezed yet feel good......🤦🤦


RE: The only way to solve COE problem is mindset change.. - A2Z - 17-10-2023

Why not hv small size cars for the ever increasing population. More ERP fees with basic Coe for such family cars will reap in more revenue for the govt. It's a futile n waste of time and effort to control the car population when more foreigners are coming in here.


RE: The only way to solve COE problem is mindset change.. - Ola - 17-10-2023

Mindset change is not possible

Govt Change is possible

At least the Govt should use Cat A for household income and property value less than $

Cat B with quota 10% for TOP 10% income earners

Cat C for business use ie lorry carrying pipes, fans . .


RE: The only way to solve COE problem is mindset change.. - Dan - 17-10-2023

(17-10-2023, 08:49 AM)sgbuffett Wrote:  Cars are luxury goods like landed property and rolex watches in Singapore. Except for an even smaller number out of the 11% with disable family member estimated to be 1-3% and private hire vehicles(40,000) another 4% of the total car population. .
Policies cannot cater to those who want luxuries. We do no go and make landed property cheap so that people can own it. We don't subsidise rolex watches or holidays to europe.

Policy cannot be designed for a small minority who want luxury living.

Ferrari
[Image: Ferrari.jpg]

KIA
[Image: kia-stonic.jpg]

Ferrai is a luxury , KIA is a working class car.
COE for Ferrari is approx 10 % of the car while COE for KIA is 400% the cost of the vehicle.

Working class are not asking for subsidy of luxury car

Why is the govt subsidising the rich on luxury car COE?


RE: The only way to solve COE problem is mindset change.. - menghuii - 17-10-2023

truth is
at first they think they can ctrl car population
then when coe $$ occupies a huge space in the kitty
the ctrl part has chg forever!


RE: The only way to solve COE problem is mindset change.. - WhatDoYouThink! - 17-10-2023

The huge revenue from coe could be unexpected. Now you want them to change/scrap it you must be out of your mind


RE: The only way to solve COE problem is mindset change.. - Gstalk - 17-10-2023

One way is to bid for the percentage of the value of the car. So the higher % you bid, you have to pay more. And if you buy an expensive car, you have to pay more.

For eg. If you bid for 100%, then when you buy a toyota altis where the cost is $50K, then in total you pay $100K for the car. But if you buy a BMW520 where the cost is $150K, then you have to pay a total of $300K for the BMW. 

So the cut off is the % of the car cost ie you bid in percentage terms. You only pay the coe cost after you have received the car.

In this way, this is a fairer system.


RE: The only way to solve COE problem is mindset change.. - starbugs - 17-10-2023

Sgbutt keeps harping on the same issue. There are 110k disabled people in Singapore. That's 20% of COEs off the open market if COEs are reserved for disabled people and it will be their families who benefit. PHVs and taxi fares will shoot through the roof with fewer COEs for open bidding. Solve one problem, create a bigger one.


RE: The only way to solve COE problem is mindset change.. - WhatDoYouThink! - 17-10-2023

(17-10-2023, 08:49 AM)sgbuffett Wrote:  I propose a needs based approach to allocate COE

1. Allocated to those with immediate needs like disabled family member and parents with mobility issues and the disabled who can drive but cannt take public transport.

They may only need it once a week or a month. What to do with the car for the rest of the days? Isn't rental car better?

Such half cooked ideas would only give rise to more problems than solving thems


RE: The only way to solve COE problem is mindset change.. - sgbuffett - 17-10-2023

(17-10-2023, 02:00 PM)starbugs Wrote:  Sgbutt keeps harping on the same issue. There are 110k disabled people in Singapore. That's 20% of COEs off the open market if COEs are reserved for disabled people and it will be their families who benefit. PHVs and taxi fares will shoot through the roof with fewer COEs for open bidding. Solve one problem, create a bigger one.

You are wrong that's why I said PHV has its own allocation and should be increase with demand for PHV growth

The idea is for those who don't need cars but insist on owning one to bid for the remainder


RE: The only way to solve COE problem is mindset change.. - sgbuffett - 17-10-2023

(17-10-2023, 02:10 PM)WhatDoYouThink! Wrote:  They may only need it once a week or a month. What to do with the car for the rest of the days? Isn't rental car better?

Such half cooked ideas would only give rise to more problems than solving thems

That is part of the assessment of person's need. If occasionally need then should not be allocated.

But some need to ferry elderly parents on a daily basis to day care.

Even you disagree with me ...you mean there is no better idea than current COE system and the system cannot be improved?


RE: The only way to solve COE problem is mindset change.. - WhatDoYouThink! - 17-10-2023

(17-10-2023, 02:29 PM)sgbuffett Wrote:  That is part of the assessment of person's need. If occasionally need then should not be allocated.

But some need to ferry elderly parents on a daily basis to day care.

You'll hv to hv some arbitrary assessments and that would add confusion to the problems and make even more ppl unhappy.

No garment with the right mind would try it


RE: The only way to solve COE problem is mindset change.. - sgbuffett - 17-10-2023

(17-10-2023, 02:32 PM)WhatDoYouThink! Wrote:  You'll hv to hv some arbitrary assessments and that would add confusion to the problems and make even more ppl unhappy.

No garment with the right mind would try it

Why is there confusion. The govt today already has a set of criteria to accept or reject COE to be given to disabled who need to work. They are already able to do such assessments and there ia no confusion.

They do means testing to award subsidies for  using homes etc....why can't they do for COE?


RE: The only way to solve COE problem is mindset change.. - klat - 17-10-2023

(17-10-2023, 01:42 PM)Gstalk Wrote:  One way is to bid for the percentage of the value of the car. So the higher % you bid, you have to pay more. And if you buy an expensive car, you have to pay more.

For eg. If you bid for 100%, then when you buy a toyota altis where the cost is $50K, then in total you pay $100K for the car. But if you buy a BMW520 where the cost is $150K, then you have to pay a total of $300K for the BMW. 

So the cut off is the % of the car cost ie you bid in percentage terms. You only pay the coe cost after you have received the car.

In this way, this is a fairer system.



This is a better system than the current one.


RE: The only way to solve COE problem is mindset change.. - WhatDoYouThink! - 17-10-2023

(17-10-2023, 02:58 PM)sgbuffett Wrote:  Why is there confusion. The govt today already has a set of criteria to accept or reject COE to be given to disabled who need to work. They are already able to do such assessments and there ia no confusion.

They do means testing to award subsidies for  using homes etc....why can't they do for COE?

It all boils down to the basic question of if it ain't broke why fix it?

And why kill the goose which lays golden eggs?


RE: The only way to solve COE problem is mindset change.. - klat - 17-10-2023

(17-10-2023, 03:16 PM)WhatDoYouThink! Wrote:  It all boils down to the basic question of if it ain't broke why fix it?   It is already broken

And why kill the goose which lays golden eggs?  Now it has become a poison egg



RE: The only way to solve COE problem is mindset change.. - EvertonDiehard - 12-12-2023

(17-10-2023, 08:49 AM)sgbuffett Wrote:  When we talk about COE we are talking about roughly 11% of the people the other 89% are not affected by COE as they don't own cars and don't pay a single cent for COE

Contrary to popular belief, rising COE prices affect every resident of S'pore in the form of higher prices since all businesses are affected by the rise in transport costs.