cheaper luxury cars, man buys car, missing man, fresh grad, akisha, EV BMW crashes, vettel, signature, eid magic, view of cars parked in the garages at a stock car racing event
Photo by Caio Renato de Campos on Pexels.com
////

Singaporeans Buy Cheaper Luxury Cars in Johor to Beat High COE Costs

1 min read

Singaporeans are increasingly buying luxury and sports cars in Johor to escape soaring Certificate of Entitlement (COE) costs at home. Entrepreneur Iylia Kwan, 36, drives a Toyota Corolla Altis in Singapore but uses his RM50,000 Porsche Cayenne and a recently purchased Mercedes-Benz E-Class for weekend drives in Malaysia. Singapore bans citizens from using foreign-registered cars locally, so owners park them in Johor Baru condos or facilities like Carlogy in Skudai, which offers air-conditioned storage and concierge services. Johor dealers report rising sales to Singaporeans, but experts warn of risks if vehicles are not properly registered and insured.

Cheaper Luxury Cars

LM News

Table of Contents

News Malaysia and Global

Read More News on Latest Malaysia

Read More News on Business News Malaysia

Read More News on SG Business News

Read More News on World Future TV

Read More News #latestmalaysia

Leave a Reply

Previous Story

MCA and Muda Slam MCMC’s Attempt to Silence Criticism

Next Story

Musk forms the America Party to give Americans the choice against a ‘one party’ system

Latest from Blog

Discover more from

Subscribe now to keep reading and get access to the full archive.

Continue reading

Verified by MonsterInsights