Cost of car ownership soars in Singapore, maintains a BBC news source.
Large family car in SingaporeThe cost of a certificate to own a large family car in Singapore has jumped to a fresh record high of S$146,002 ($106,619; £87,684).
The city-state introduced the 10-year certificate of entitlement (COE) system in 1990 as an anti-congestion measure.
Prospective car owners in Singapore must have a COE in order to be able to purchase a vehicle.
They are sold in auctions every two...