The Price of Vanity: What Malaysia's Licence Plate Frenzy Reveals Malaysia's "H" series licence plate auction has set a new record, generating RM91. 2 million in revenue over five days.
This staggering sum reflects the country's passion for unique licence plates, with 34,664 bidders competing for 8,223 available spots. The top bid of RM10.
77 million for the H1 plate is six times what the King spent on his own licence plate just months prior. Malaysians are willing to part with significant sums to own these coveted plates.