As I travelled in my work, I noted that car parks in Bishan remained 30-40% occupied during office hours like 3-4pm, weekday. Frankly speaking, I find it puzzling on the rationale of Singaporean who keeps their cars in the car park for little usage. It is costing them large amount of money daily in road tax, HDB car parks fee, maintenance fee, car insurance etc……
Perhaps it will take a deep downturn for the people to bite the bullet. Maybe I am wrong. Could the below new finding be true?
A new study found that households with investable assets of US$1 million (S$1.24 million) or more jumped 14 per cent more to 188,000 last year. That means 17.1 per cent of households - more than one in six - are millionaires. At least based on the people around me, I don’t really find it happening.
Based on my memory, car population increased from 350,000 to 500,000 in the last 12 years. Has the number of roads increased by 50% to allow more cars to travel? I don’t think so. Therefore we are seeing traffic congestion and slowdown even during off-peak travel hours.
I wonder if a massive retrenchment were to happen in Singapore, will their cars be the next to go.
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