COE Prices Rebound: Are You a Car Owner or Not?
On January 17th, Singapore's second round of COE (car certificate) prices surged past 100,000 Singapore dollars. Its volitility is comparable to the stock market. After reaching a peak in October 2023, prices declined from November to January. In 2024, there was a substantial drop in COE prices, some even returning to levels from two years ago. Some suggests Singapore has the world's highest car purchase costs. ---------- How do you view? Are you a car owner or ready to be? Or owning a car is not your planοΌ
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