Why want to know the rate of car ownership in Singapore?
The car price in Singapore is astronomical. About three times
the normal car price.
Therefore, when a Singaporean buys one car, he is paying the
price of three cars. Which means he can afford of buy three cars
elsewhere in the world for the price of one in Singapore.
In fact, if not for the import tax, additional tax,
GST, COE everyone who is working in Singapore can
buy a car or two.