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More cars despite zero-growth cap
Time lag between deregistrations and return of COEs may be factor
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Fuelled mainly by a spike in private-hire cars, Singapore's vehicle population grew by 1.4 per cent to 970,344 in the first nine months of this year - its first increase since 2013.
ST PHOTO: JASON QUAH
Despite a zero-growth cap on the vehicle quota system, new government figures show that the vehicle population in the Republic grew by 1.4 per cent in the first nine months of the year to 970,344.
The growth was largely on the back of a 2.1 per cent increase in the car population to 630,902, according to newly released statistics from the Land Transport Authority (LTA).
