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The public transport system is truly great here. But it's stil la bit of a drag to have to carry your stroller or your kids into a packed MRT, chase after cabs and buses, etc.
Mind you, a car will set you back by a good 50k, so you'd better have the income if you really need/want one.
If there aren't any kids in the mix, then I'd take the no-car option any time. In many cases, you may well spend longer to get from A to B that if you take the MRT, because of traffic jams, having to circle the area in search of parking and other car-related strife.