What is OMV? | Ask Motorist | Motorist Singapore

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Angela Poh asked about General

about 7 years ago

What is OMV?

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The listed OMV value is that of the first registration date of the vehicle. OMV stands for Open Market Value. OMV is assessed by the Singapore Customs, based on the price actually paid or payable for the goods when sold for export to the country of importation.

about 7 years ago