Why a car is an extravagance in Singapore

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Singapore( CNN) There is no such thing as an old-fashioned clunker in Singapore.

Here, a gondola is more than just a tool–it’s an expensive rich to be cherished. This status type is now set to become an even more absurd commodity as the government switchings its attention towards engineering a “car-lite” country.

The government already adjusts the total number of cars in the insignificant city-state by issuing limited numbers of permits, known as Credentials of Entitlement( COE ).

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