The Land Transport Authority (LTA) announced today that it will be hiking 24 vehicle-related fees out of a total of 61 such fees with effect from 20 Dec 2017.
Among other fee hikes, the vehicle registration fee is set to grow by about 36 per cent, rising to S$220 from S$140, while vehicle transfer fees will grow by more than double the current fee, from the current S$11 to S$25.
Explaining the fees hike, a spokesman representing the statutory board said that vehicle-related fees are being raised due to the “rising costs of providing these services to vehicle owners/users” such as IT system maintenance and manpower costs.
LTA added that the fees that are being hiked have “largely remained unchanged for more than 10 years.”
Disgruntled netizens criticised this reasoning for hiking fees and asked, frustrated: “how much is enough?”