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The Real Mark of Luxury in This Bustling Metropolis? Owning Any Car at All

Singapore has capped car ownership since 1990 with its Certificate of Entitlement, a permit required to register a vehicle that’s sold in twice-monthly auctions, lasts 10 years, and has recently cost more than $75,000. The policy is paired with heavy public-transit investment for the city-state’s 5.

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