COE continue to climb …

[ryan_khoo]

https://www.channelnewsasia.com/sin...e-record-high-latest-bidding-exercise-2924701

 

[natas]

https://www.channelnewsasia.com/sin...e-record-high-latest-bidding-exercise-2924701

This is not a news, It is a norm

 

[iduncheckmail]

higher ! higher !
everytime i look at my car i feel song, $1 saved is $1 earned

 

[EJB]

https://www.channelnewsasia.com/sin...e-record-high-latest-bidding-exercise-2924701

It won't do down any time soon... Tesla got a lot of orders to deliver, they need to be aggressive...

 

[jennypenny]

I think it will probably stay high for the next 2-3 years as supply chain issues sort itself out.

Also, younger people are more willing to spend

 

[ryan_khoo]

When you think coe will drop to the $30K level again ?

 

[really_noob]

When you think coe will drop to the $30K level again ?

Don't think it will happen. Even if there is a severe recession, SG today is so different from 1997.
The COE market will be driven by foreigners, Singaporeans with lots of savings which can tide them through a few years of recession while having no income and continuing the same lifestyle.

 

[natas]

When you think coe will drop to the $30K level again ?

In dream... Dun bother thinking of impossible.

 

[ryan_khoo]

Don't think it will happen. Even if there is a severe recession, SG today is so different from 1997.
The COE market will be driven by foreigners, Singaporeans with lots of savings which can tide them through a few years of recession while having no income and continuing the same lifestyle.

Jialat

 

[ryan_khoo]

In dream... Dun bother thinking of impossible.

Ok going to sleep to dream nao …

 

[blackestvoid]

coe is like hdb
asset appreciation

 

[RyanJ]

I wonder if we will see it hit 200k

 

[EJB]

I wonder if we will see it hit 200k

I believe CAT A was like 80K last time, a long while ago. As for 200K... who knows, the rich won't feel the pinch. Soon cars might only be for elites.

 

[blackestvoid]

hope to see asap

I wonder if we will see it hit 200k

 

[ryan_khoo]

hope to see asap

Cheong ah !

 

[superman]

I wonder if we will see it hit 200k

Nice, Singapore will be like Monaco only see Ferraris and Lambos, no more B&B cars.

 

[YouHappyCanLiao]

Then there will be more old cars on the road due to coe renewal

 

[EJB]

Then there will be more old cars on the road due to coe renewal

At 70K, CAT A maybe. CAT B if at 120K, nobody will renew.

 

[hoks]

At 70K, CAT A maybe. CAT B if at 120K, nobody will renew.

Many exotics renewing.

 

[EJB]

Many exotics renewing.

Different breed, these are rich people.