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Wednesday, February 1

  1. page Vehicle Quota System edited ... Principles of Governance - Leadership is KeyThe people are largely unhappy about the Vehicle …
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    Principles of Governance
    - Leadership is KeyThe people are largely unhappy about the Vehicle Quota System in Singapore, since the price of car ownership has increased by a significant amount with the introduction of COE. There has also been many criticisms about this scheme by the government, but they remain firm on their stand. It has been around since 1990, and I believe that it would continue being around for a long time, since it really helps to control the number of cars on the road. This is a clear indication of the government doing what is right, and not what is popular, thus making them an excellent group of leaders.
    - Anticipating Change and Staying RelevantIn order to curb the problem of traffic congestion, the government have thought of the Vehicle Quota System in order to deter people from purchasing cars unless they really see a need to, since it is extremely expensive to do so. Therefore, we can see that the government is able to see future trends of traffic congestion, and stop it as early as they could, as far back as 1990.
    {http://www.theprivateplatecompany.co.uk/blog/wp-content/uploads/2011/06/v750.gif} (Left) A Sample of a Certificate of Entitlement
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    6:00 am
  2. page Vehicle Quota System edited ... To bid for COE, one is only allowed to submit one sealed bid, and are also required to deposit…
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    To bid for COE, one is only allowed to submit one sealed bid, and are also required to deposit half their bid. This speculation process poses a major challenge to car owners in Singapore when they want to purchase a car. If they bid too high, the cost of car ownership would increase by huge amounts. If they bid too low, they risk not getting the COE.
    Effectiveness
    ...
    in 2009. Conclusion
    Conclusion

    COE is still in place today, controlling car ownership in Singapore.
    Principles of Governance
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    5:40 am
  3. page Weekend Car and Off-Peak Car edited ... With this scheme, one spends less on petrol and parking as well. However, the time slots avail…
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    With this scheme, one spends less on petrol and parking as well. However, the time slots available to drive such cars are limited. Such cars can only be found on the roads from 7pm-7am on weekdays, 3pm onwards on Saturdays and Eves of major public holidays and the whole day on Sundays. This is a way to encourage the public to take public transport, which is more environmentally friendly than private cars.
    In case of emergencies, the owner of an off-peak car can purchase an e-license through LTA’s ONE.MOTORING portal. This is to allow car owners to utilise their cars in times of emergencies.
    For more information on off-peak cars, watch this video.
    Effectiveness
    It is not very effective, as shown by the recent decrease in drivers under the OPC scheme. According to Land Transport Authority (LTA) figures, the total population of OPCs decreased in December 2010 by 57, from November’s 50,097. Moreover, the number of new cars registered dropped from 767 to 111 in the same period.
    Conclusion
    Off-peak cars are still around today. However, it would take some time for Singaporeans to understand that people who purchases off-peak cars are not poor, but instead, want a more affordable alternative.
    Principles of Governance
    - Anticipating Change and Staying RelevantThe government thought of this plan to offer cheaper and more affordable cars, which are only available to use on non-peak hours, in order to solve the problem of traffic jams during peak hours. This shows the government's foresight as they are able to think of such a plan to attract people who wants to purchase an affordable car and does not need to use it very often. Moreover, they have created the e-license for people with off-peak cars to buy licenses to use their cars during emergency, which is extremely convenient. Therefore, this scheme shows that the government can anticipate change and stay relevant.

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    5:10 am
  4. page Vehicle Quota System edited Vehicle Quota System Aim and IntroductionIn order to control the sharp increase in car ownership a…
    Vehicle Quota System
    Aim and IntroductionIn order to control the sharp increase in car ownership as a result of increased affordability, the government implemented the Certificate of Entitlement (COE) system, which is under the Vehicle Quota System (VQS). With this new system, the number of cars available to be bought is limited by the quota set by the Land Transport Authority (LTA).
    Watch this video to understand more about COE and its purpose.
    Detailed Description
    COE is compulsory if one wants to purchase a vehicle, and it is only valid for 10 years. After the 10 years, one has to bid for another COE in order to continue having a car. To control the number of cars on the road, the government limits the number of COEs available, while the price is dependant on the market. The government decides on the magic number by observing trends in current traffic conditions. All these are under the VQS.
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    5:00 am
  5. page Vehicle Quota System edited ... Effectiveness To own a vehicle in Singapore, the cost is extremely high, thus ensuring that c…
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    Effectiveness
    To own a vehicle in Singapore, the cost is extremely high, thus ensuring that car owners really can afford to have one. The cost is made up of Open Market Value (OMV), Import Duty (ID), GST (Good and Service Tax), Registration Fee (RF), Additional Registration Fee (ARF), Certificate of Entitlement (COE) and Annual Road Tax (ART). As seen, there are many components linked to purchasing a car, thus increasing the cost of owning a car by huge amounts. This decreased affordability naturally leads to a slowing down in the increase of car ownership, from 3% in 1990 to 1.5% in 2009. Conclusion
    ...
    in Singapore.
    Principles of Governance
    - Leadership is KeyThe people are largely unhappy about the Vehicle Quota System in Singapore, since the price of car ownership has increased by a significant amount with the introduction of COE. There has also been many criticisms about this scheme by the government, but they remain firm on their stand. It has been around since 1990, and I believe that it would continue being around for a long time, since it really helps to control the number of cars on the road. This is a clear indication of the government doing what is right, and not what is popular, thus making them an excellent group of leaders.

    {http://www.theprivateplatecompany.co.uk/blog/wp-content/uploads/2011/06/v750.gif} (Left) A Sample of a Certificate of Entitlement
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    4:52 am
  6. page space.menu edited ... Park-and-Ride Scheme Electronic Road Pricing Public Transport Transportation Vehicle Quo…
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    Park-and-Ride Scheme
    Electronic Road Pricing
    Public TransportTransportation
    Vehicle Quota System
    Carport and Car Sharing
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  7. page Bibliography edited ... Lim, J. (17 February 2010). From driving around beautiful circles to driving under monstrous g…
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    Lim, J. (17 February 2010). From driving around beautiful circles to driving under monstrous gantries. The Long and Winding Road.
    http://thelongnwindingroad.wordpress.com/tag/erp-gantries/ (Retrieved 27/1/2012)
    Wikipedia. (Date Unknown). Wikipedia: "Mass Rapid Transit (Singapore)" http://en.wikipedia.org/wiki/
    Mass_Rapid_Transit_(Singapore)
    (Retrieved 27/1/2012)
    Liang, K., See, S. (5 July 2010). Some say bus fares up 40% after new calculation. Channel News Asia.
    http://www.channelnewsasia.com/stories/singaporelocalnews/view/1067695/1/.html (Retrieved 2/1/2012)
    Ramesh, S. (16 August 2010). Distance-based fares a fairer system: Raymond Lim. Channel News Asia.
    http://www.channelnewsasia.com/stories/singaporelocalnews/view/1075452/1/.html (Retrieved 2/1/2012)

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