The OMV of a vehicle is basically the price paid or payable when a vehicle is imported into Singapore. This is assessed by the Singapore Customs and includes purchase price, freight, insurance and all other charges incidental to the sale and delivery of the car to Singapore.
When buying a vehicle, you should find out the vehicle’s OMV to calculate the upfront cost, including the Additional Registration Fees (ARF), that is payable.
Find out the average OMVs of commonly-registered car models in Singapore: