You need a Certificate of Entitlement (COE) to own a car in Singapore. COE is very expensive, and you must bid for it in an open auction, thereby adding to the cost of buying a car. Has Singapore made cars expensive on purpose? If yes, why? Zerodha Varsity on Social Media:

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Disclaimer: The stocks or financial instruments discussed in this
podcast are meant for educational purposes only. Please do not consider
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