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LTA set to hike vehicle registration fees by 36% and more than double transfer fees from 20 Dec

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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.

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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?”

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