Singapore car numbers at 5-year low

Traffic along Clementi Road outside SIM University.
Traffic along Clementi Road outside SIM University.PHOTO: ST FILE

The number of cars on Singapore's roads is falling. The latest statistics from the Land Transport Authority show that the car population hit a five-year low of 575,353 last year - 4.1 per cent down on 2014.

The number of rental cars, however, grew by almost 56 per cent last year to a record 29,369.

Experts say the falling car population is in line with the Government's "car-lite" push.

SIM University economist Walter Theseira said: "In the longer run... the policy is to slow the COE growth rate to nearly a standstill. It's currently 0.25 per cent."

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A version of this article appeared in the print edition of The Straits Times on January 20, 2016, with the headline 'S'pore car numbers at 5-year low'. Print Edition | Subscribe