LTA imposes 3-year lock-in period for business-owned chauffeured private hire cars

This aims to achieve a more stable supply of vehicles that can be used to provide ride-hailing services.

The Land Transport Authority (LTA) will introduce a mandatory three-year lock-in period for all newly registered or converted chauffeured private hire cars (cPHCs) owned by businesses and all cPHCs transferred from individuals to businesses.

This measure ensures that businesses that acquire cPHCs primarily lease them to drivers providing ride-hailing services. It also prevents the premature conversion of such PHCs out of the cPHC scheme, which will affect the supply of vehicles available for P2P services.

Business-owned cPHCs with an existing lock-in period can still be transferred to another business, and the remaining lock-in duration will be carried over to the new business.

However, business-owned cPHCs with an existing lock-in period cannot be transferred to an individual.

The lock-in period will not apply to existing business-owned cPHCs that were registered, converted, or transferred before 19 February and cPHCs owned by individuals, who typically use them both for providing ride-hail services and for personal trips.

Follow the link for more news on

Land Transport Authority

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia