OMV
What is OMV? It stands for Open Market Value.
OMV is assessed by the Singapore Customs (Tel: 6355 2000), taking
into account purchase price, freight, insurance and all other
charges incidental to the sale and delivery of the car from country
of manufacture to Singapore.
Preferential Additional Registration Fee (PARF) and/or Certificate
of Entitlement (COE) rebate may be granted to you upon
de-registration of your vehicle.