LTA - We advise car buyers to be prudent in bidding for COEs

[bobo07]

The Land Transport Authority said the higher COE prices this round are partly because the last tender was three weeks ago instead of the usual two. There was also a car roadshow at the end of September.
"More broadly, the lower costs of EVs especially from China, as well as the reduction of incentives for cleaner energy vehicles, have also added to demand," LTA said.
We advise car buyers to be prudent in bidding for COEs."

https://www.channelnewsasia.com/sin...71?cid=internal_sharetool_iphone_08102025_cna

 

[lanky_al]

Maybe typo… supposed to read car dealers instead!

 

[Amaterasu]

"I love money but you guys need to chill abit or I'm gonna drown in it"

 

[lockks]

Please lor, transport minister made such a statement how can the coe not rise.

 

[tomsss]

 

[bobo07]

Really my toes are laughing …. Tks for the joke LTA

 

[huihong]

ADVISE
MONITOR
SUGGEST

 

[titusilvering]

The Land Transport Authority said the higher COE prices this round are partly because the last tender was three weeks ago instead of the usual two. There was also a car roadshow at the end of September.
"More broadly, the lower costs of EVs especially from China, as well as the reduction of incentives for cleaner energy vehicles, have also added to demand," LTA said.
We advise car buyers to be prudent in bidding for COEs."

https://www.channelnewsasia.com/sin...71?cid=internal_sharetool_iphone_08102025_cna

COE 500k please

 

[tExtra]

Say until buyer got choice. Most bidders are dealers. Ban the dealers from bidding then say…

 

[RinoaX]

Translation

"Money launderers don't be so obvious leh"

 

[xLupDup]

At this point, i really think pple should just wait out to 2026.

The coe increase doesnt seems to justify the ev incentives?

 

[tomsss]

they advise car buyer to bid prudently, sure






but they never advise car dealers the same

 

[Ubi-Warrior]

Do individuals ever buy COE?

Does the Govt show statistics on who wins the bids?

 

[Evcats]

Cat B actually quite prudent. Still not all time high.

 

[Evcats]

Do individuals ever buy COE?

Does the Govt show statistics on who wins the bids?

Pay BYD for guarantee COE bids Doesn’t matter let them bid for it.

 

[bobo07]

Preist open book and show the true identity of every bidder who made the bid especially the siaokau who bid super high everytime when coming to closing time

 

[koster]

Maybe typo… supposed to read car dealers instead!

And PHV companies

 

[tomsss]

that statement shows the disconnect between LTA and the ground situation

yet, they don't want to admit the system is skewed

 

[moonlighter_sg]

As if customers can bid coe. If all peasants can bid, we will bid it low.

 

[tatsit]

Really sleeping agency, who's bidding also don't know