To The Moon

The results for Singapore's first COE bidding round in May are out: Category A (Small/Mid-sized) hit S$124,790, and Category B (Large/Luxury) reached S$126,236. This marks five consecutive increases, with the COE price now easily exceeding the cost of a mid-range car itself. 🚗 What is the COE? The Certificate of Entitlement (COE) is a "quota license" required to drive on Singapore's roads. The total supply is controlled by the government, and licenses are auctioned every two weeks. For Category A, there were only 1,265 quotas available, but 2,410 bids were placed—a nearly 90% oversubscription that drove prices straight to S$125k. This piece of paper is valid for 10 years, after which its value drops to zero unless you renew or re-bid. Total Cost of Ownership: A Toyota Corolla Altis (approx

Singapore’s COE hitting S$125k again tells you something important: demand for private mobility in Singapore remains structurally strong despite extreme pricing. But it also highlights why automakers like BYD are entering a much tougher phase — growth is no longer just about selling EVs; it is now about defending margins, brand positioning, and long-term market share. Singapore is actually a good microcosm of the global EV industry right now. BYD has executed exceptionally well in Singapore. It captured roughly 24% market share in Q1 2026 and became the dominant EV player locally, benefiting from EV incentives, aggressive pricing, and strong dealer execution. EVs now account for more than half of new car registrations in Singapore.  But the stock market is starting to look past pure deli

🌟🌟🌟Is it finally time to surrender to the MRT or do we keep fighting for the freedom  of driving a car? In Singapore COE premiums hit a high of USD 124,790 in May.  That is not a typo error. The Case for the MRT:  With Keppel, Cantonment and Prince Edward Road Station, opening mid May 2026, the rail network is getting more extensive. The Case for the Car:  If you have a large family, the hidden cost of your time and sanity might still outweigh the staggering price tag. Personally I prefer to ride the MRT as it is easy on the pocket and avoids traffic jams. @Tiger_SG @Tiger_comments @TigerStars

BYD has dethroned Toyota in the car market with its aggressive pricing, free servicing and vouchers. It is basically at the market share grabbing stage. Need to look at the profit margin which may take years to see the benefits.

1. Rather than purchasing a coe an alternative is to use car rental companies to rent a car. Car ownership and coe will increase in price over time 2.byd market share will continue to increase due to subsidies for production by China 3. No there is not a need for another car manuturer to compete with China for car production

The best hedge against the high Coe prices is to own a classic car. Paying only 10% of the Coe, and owning a very nice car for a fraction of the price of a normal vehicle.

No, I won't buy a car as for now. Not only because of the " super " high COE, but also the whole job market is very unstable.. Many companies are retrenching staff. Job security should be the number 1 thing we need to think about. Keep cash, at least 2 years of your current salary.

confirm exceed. money become smaller. later like Japanese banana notes soon. better buy stocks to hedge inflation first

Personally, with COE above S$125,000, I would still choose MRT over owning a car in Singapore. Paying over S$200k for a normal family car is becoming very hard to justify, even for dual-income households. I also think COE prices may stay structurally high due to limited supply and strong demand. From an investment angle, $Byd Company Limited(002594)$ appears to benefit the most. Singapore may be a small market, but it is an important branding showcase for Southeast Asia. BYD’s strong visibility here strengthens its regional expansion story beyond China. For $NIO Inc.(NIO)$ and $XPeng Inc.(XPEV)$ , I think the premium EV market in Singapore is very niche. At S

Singapore’s COE hitting S$125k again tells you something important: demand for private mobility in Singapore remains structurally strong despite extreme pricing. But it also highlights why automakers like BYD are entering a much tougher phase — growth is no longer just about selling EVs; it is now about defending margins, brand positioning, and long-term market share. Singapore is actually a good microcosm of the global EV industry right now. BYD has executed exceptionally well in Singapore. It captured roughly 24% market share in Q1 2026 and became the dominant EV player locally, benefiting from EV incentives, aggressive pricing, and strong dealer execution. EVs now account for more than half of new car registrations in Singapore.  But the stock market is starting to look past pure deli

The results for Singapore's first COE bidding round in May are out: Category A (Small/Mid-sized) hit S$124,790, and Category B (Large/Luxury) reached S$126,236. This marks five consecutive increases, with the COE price now easily exceeding the cost of a mid-range car itself. 🚗 What is the COE? The Certificate of Entitlement (COE) is a "quota license" required to drive on Singapore's roads. The total supply is controlled by the government, and licenses are auctioned every two weeks. For Category A, there were only 1,265 quotas available, but 2,410 bids were placed—a nearly 90% oversubscription that drove prices straight to S$125k. This piece of paper is valid for 10 years, after which its value drops to zero unless you renew or re-bid. Total Cost of Ownership: A Toyota Corolla Altis (approx

🌟🌟🌟Is it finally time to surrender to the MRT or do we keep fighting for the freedom  of driving a car? In Singapore COE premiums hit a high of USD 124,790 in May.  That is not a typo error. The Case for the MRT:  With Keppel, Cantonment and Prince Edward Road Station, opening mid May 2026, the rail network is getting more extensive. The Case for the Car:  If you have a large family, the hidden cost of your time and sanity might still outweigh the staggering price tag. Personally I prefer to ride the MRT as it is easy on the pocket and avoids traffic jams. @Tiger_SG @Tiger_comments @TigerStars

BYD has dethroned Toyota in the car market with its aggressive pricing, free servicing and vouchers. It is basically at the market share grabbing stage. Need to look at the profit margin which may take years to see the benefits.

Personally, with COE above S$125,000, I would still choose MRT over owning a car in Singapore. Paying over S$200k for a normal family car is becoming very hard to justify, even for dual-income households. I also think COE prices may stay structurally high due to limited supply and strong demand. From an investment angle, $Byd Company Limited(002594)$ appears to benefit the most. Singapore may be a small market, but it is an important branding showcase for Southeast Asia. BYD’s strong visibility here strengthens its regional expansion story beyond China. For $NIO Inc.(NIO)$ and $XPeng Inc.(XPEV)$ , I think the premium EV market in Singapore is very niche. At S

1. Rather than purchasing a coe an alternative is to use car rental companies to rent a car. Car ownership and coe will increase in price over time 2.byd market share will continue to increase due to subsidies for production by China 3. No there is not a need for another car manuturer to compete with China for car production

The best hedge against the high Coe prices is to own a classic car. Paying only 10% of the Coe, and owning a very nice car for a fraction of the price of a normal vehicle.

No, I won't buy a car as for now. Not only because of the " super " high COE, but also the whole job market is very unstable.. Many companies are retrenching staff. Job security should be the number 1 thing we need to think about. Keep cash, at least 2 years of your current salary.

confirm exceed. money become smaller. later like Japanese banana notes soon. better buy stocks to hedge inflation first