Singapore increases vehicle registration fee by 59%

The LTA said the hike was necessary to keep up with administrative costs. - ST FILE

SINGAPORE (The Straits Times/Asia News Network): The cost of owning a vehicle is set to be even higher with the Land Transport Authority (LTA) raising vehicle-related fees from Dec 19.

In a letter sent on Dec 5 to motor traders, which was obtained by The Straits Times, the LTA said 25 fees and charges will rise from Dec 19.