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For cars registered using a COE issued before 1st April 1998

Must not be more than 7 years old at the time of de-registration.
Must not have been laid-up before.
Must not have been registered in any foreign country before its registration in Singapore.

For cars registered using a COE issued on or after 1st April 1998

Must not be more than 10 years old at the time of de-registration.
Must not have been laid-up before (ie. must be licensed at all times).
For imported used car, the car must be registered in Singapore on or after 1 September 2007.