The cost of motorcycle permits has now surpassed the cost of a new, entry-level bike in Singapore. According to data from Singapore's Land Transport Authority, the cost of a 10-year motorcycle permit in the city-state hit a record S$12,801 (₹7.46 lakh) this month, up more than 200% in four years. Comparatively, an entry-level motorcycle costs about S$5,000 in Singapore.