A certificate to own a car in Singapore now costs $106,000

“The cost of a certificate to own a large family #car in Singapore has jumped to a fresh record high of S$146,002 ($106,619; £87,684).

The city-state introduced the 10-year certificate of entitlement system in 1990 as an anti-congestion measure.

Prospective car owners in #Singapore must have a COE in order to be able to purchase a vehicle.”
#tootsea 
https://www.bbc.com/news/business-67014420