SINGAPORE, July 30 -- Singapore's private car population has fallen to its lowest level since 2019, while the rental fleet has reached a record as high ownership costs push some motorists towards leasing, car-sharing and ride-hailing.

There were 516,237 private cars on the road at the end of June, compared with 97,567 rental cars, according to Land Transport Authority data cited by The Straits Times.

Private cars still account for 79 per cent of Singapore's 653,442 cars, down from 82.5 per cent in 2021.

Rental cars now make up 14.9 per cent of the total, up from 10.5 per cent in 2021, when there were 67,990.

The figures have raised questions about whether motorists are moving away from ownership, although the LTA said more indicators ...