PARF rebate cuts unlikely to significantly affect COE renewals: Jeffrey Siow
Government
The Acting Minister for Transport estimates that fewer than 2,000 car buyers who had signed sales contracts were affected by the revised car scrapping rebates. SINGAPORE: The reduction in rebates for car owners who scrap their vehicles early is unlikely to significantly affect decisions on whether to renew Certificates of Entitlement (COEs), Acting Minister for Transport Jeffrey Siow said on Wednesday (Mar 4). He was responding to parliamentary questions on the revised Preferential Additional
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