Originally a car classifieds service, which was founded in 2004, the company managed to break even in 2007 and has since grown from a three-person team to a team of over 60 employees. In March 2012, was reported to have annual revenue of S$5 million (US$4.04 million) with over 10,000 listings on its site.
In March 2012, sgCarMart tapped into IDA’s IPv6 transition program to upgrade its network.
SPH acquired sgCarMart in April 2013 for US$48 million (SGD$60 million).
In September 2014, the Land Transport Authority (LTA) and Singapore Customs appointed sgCarMart to provide an online auction service for the sale of their vehicles.
What makes sgCarMart such a hit with our users?
sgCarMart is packed with all the necessary information for both car buyers and owners. With a diverse range of categories, we cater to a wide variety of people with different aspects of motoring needs. We focus on four competencies to support the needs of our users.
New cars
With the prices updating twice every month, this section contains the latest information on all the new car models available in the market. The information shows detailed specifications for all new car models and provides a very convenient way for car buyers to compare and choose their ideal car model and price.
With price lists from authorized distributors and parallel importers made available for print, sgCarMart makes your car buying decision easy.
Additionally, the site has a built-in search engine that helps car buyers narrow down their search. This saves them the hassle and time of looking at hundreds of cars.
The purpose of this segment is to provide value-added services to the users to make more informed and intelligent buying decisions. The inclusion of key features such as updated automotive global news, carpark rates, and updated COE results for all major regions in Singapore allows users as well as car buyers and owners to access useful information.
Furthermore, our editorial team provides car reviews of the latest and most popular cars in the market so that users can have a better understanding of the cars.
Used cars
Complete with photos and pricing, sgCarMart has the largest and most comprehensive database of used cars not only in Singapore. It also provides listings of all major used car dealers and daily updates on their current car listings.
Aftermarket Products and Directory
Designed to help consumers with their needs and wants during car ownership, these sections include information on more than 5,000 aftermarket merchants and 40,000 products, including shop addresses, contact details, consumer reviews, descriptions of products and services. Includes description, merchant rating, and photos.
Why sgCarMart for Car selling & Buying?
sgCarMart Warranty: Covers the most expensive-to-repair parts in a car – the engine, drive axle, and transmission. You do not need to pay out of pocket when you send your car in for repair. Several specialized workshops can repair your car.
How do I post an ad on sgCarMart?
Write your name, contact number, and car plate number on the back of your check, then mail it to sgCarMart, 61, Ubi Avenue 2, #07-06, Automobile Megamart, S (408898). When will my ad appear on sgCarMart.com? Within 12 working hours after we receive your payment.
How much does it cost to post on sgCarMart?
Sell Car – Sell Cars by Direct Owner Sale Car Advertisement – sgCarMart. You want in super-fast time! If you’re a new advertiser, posting a StarAd will cost you $108. Your ad will be posted until your vehicle is sold, and will get started exposure for 1 day.
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