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🏎 Priced out of driving in Singapore? Here's why Singaporeans are keeping luxury cars in Malaysia
The fact that these cars do not need a COE is a key draw for collectors.
Lester Yeong, an automotive workshop and service manager who also owns a 4x4 in Malaysia, says: “In Singapore, it is next to impossible for the average automotive enthusiast to own and keep cars long term. How many have the means to afford a S$100,000 COE every 10 years?”