Is Motorbike Cheap in Singapore 2023
Owning a car in Singapore is a costly endeavor, especially when other fees such as Road Tax, Certificate of Entitlement, and service costs are included.
Some others, though, are concerned about having to fight for a seat on the MRT every morning. That is why some people would choose to acquire a motorcycle instead.
Given Singapore’s perennially packed roadways, folks who need to move around without relying on public transportation might resort to motorbikes.
Motorcycles are enjoyable to ride, nimble, easy to park, and inexpensive to maintain.
Above all, motorbikes are far less expensive than automobiles.
If you want to hit the road on a two-wheeler, this article will serve as a guide on how much a motorbike would cost you in Singapore together with other information you might be curious about as well when riding a motorcycle in Singapore.
With a few exceptions, motorbikes are generally less expensive and more cost effective than owning a car.
The cost of maintaining, repairing, and insuring a motorbike is evaluated because it is generally cheaper than that of a car.
However, you must examine the numerous advantages and disadvantages of having a motorbike; for example, you have less space for carrying people or other goods and Singapore’s weather may either be very hot or rainy for some months.
Having a motorbike undoubtedly saves money especially if you’re residing in Singapore. You can also go around traffic more easily and faster.
Parking is not a major issue at all when you own a motorcycle. The only drawbacks would be our humid weather and an increased chance of injury when accidents happen.
However, just make sure that the motorcycle you choose in Singapore is a commuter model, preferably something about 125 CC that uses fuel at an average of 50 to 60km per liter.
However, if it is at 180 CC and above, you will get around 40km or less per liter of fuel.
Read too: Is Shopping Cheaper in Singapore?
Is it safe to ride a motorcycle in Singapore? – Motorbike Cheap Singapore
On the road, Singapore’s image as a relatively secure city-state is well-deserved. In Singapore, over 3,500 motorcycle accidents occur each year, with roughly 500 resulting in serious injuries.
Although vehicle accidents are more common, motorcycle accidents have a higher probability of resulting in catastrophic casualties. The most prevalent serious injuries caused by motorcyclists in Singapore are bone fractures and head injuries.
The number one technique to ensure your safety on the road while riding a motorbike in Singapore is to ride a current sport motorcycle equipped with an anti-lock braking system at lower speeds.
Wear fluorescent clothes to increase your visibility, and make regular stops to clean your high-quality helmet when rains block your view. The smartest thing you can do to protect yourself is to get good motorcycle insurance.
Motorbike Cheap Singapore (Image Source)
A second hand motorcycle should cost between $2,000 and $8,000 depending on the cc, while a new 2B motorcycle should cost from $4,500 onwards before taking into account COE.
You should also consider the cost of insurance and safety equipment, since these will significantly increase your final spend.
Knowing your financial situation before you begin provides you an immediate indication of how much you can spend on your first bike.
Purchasing your first motorbike may be a thrilling yet daunting experience.
Knowing what to look for and how much to spend might make it much easier to get the best bike for you. Consider your finances first, and then prioritize buying something comfy.
Because your first bike is unlikely to survive forever, prioritize comfort and rideability over appearances.
As a newbie rider in Singapore, you’re probably interested in some of the most popular bike models.
You will have the option of purchasing a brand new bike from a dealer or a used bike from an independent seller or dealership.
Here is a table with some of the most economical 2B models registered in April 2022, as well as their costs (with COE):
|Motorcycle Model||Est. Price (with COE)|
|SYM Jet 14 200I ABS||$12,814|
|Lambretta V200 Special Flex CVT ABS||$13,000|
|Honda Hornet 2.0 ABS Manual||$12,700|
|Piaggio Medley S 150||$13,700|
|Yamaha Aerox 155 CVT||$15,000|
|Royal Enfield Classic 350||$13,600|
|Honda Revo X Manual||$11,600|
|Yamaha FZX ABS Manual||$12,400|
|Yamaha Aerox 155 Connected||$15,700|
|YAMAHA MT 03 ABS||$20,400|
Learn also: Latest Petrol Price Singapore
Motorbike Cheap Singapore (Image Source)
Many Singaporeans prefer private driving instructors over driving schools while learning to drive a car since it is less expensive and the curriculum is less rigorous.
If you want a motorbike license, your sole choice is to enroll in one of the following driving schools for a Class 2B license:
- Bukit Batok Driving Centre (Bukit Gombak)
- Singapore Safety Driving Centre (Woodlands)
- ComfortDelGro Driving Centre (Ubi)
Class 2B is the basic motorcycle license that allows you to ride bikes up to 200 CC.
One year after obtaining your Class 2B license, you will be entitled to enroll in the Class 2A class, which allows you to ride motorcycles up to 400 CC.
Meanwhile, one year after receiving your 2A license, you can already enroll in a Class 2 course, which allows you to ride all motorcycles.
Currently the TP test date is fully booked by at least 3 months, therefore it could take at least 4 months before you can go on the road when you pass on the first try.
Motorcycles may be rather affordable if COE is not taken into account. Without a COE, a brand new entry-level Class 2B motorcycle may cost less than $6,000.
However, when COE is taken into account, the picture changes. COE costs for bikes (CAT D) are now sky expensive, hovering around the $10,900 mark for the first bidding round in January 2023.
That’s more than triple what it was in 2019. Still, it’s a lot less expensive than obtaining four wheels: the COE for category A is a staggering $60,761, so even a low-cost car would put you back at least $90,000.
To summarize, motorbike prices in Singapore vary depending on the model, where you buy it, and whether it is a new or used motorcycle.
However, if you are a wise and practical consumer, motorbikes in Singapore will not cost you too much.
As a result, you will consider more than just the motorbike itself. When you buy a motorbike in Singapore, you must also acquire safety gear and equipment in order to be fully qualified to ride all through the city.
Overall, we hope we have provided you with the information you seek regarding the purchase of a motorbike in Singapore.