ShinnAsuka
Master Member
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- Jun 25, 2007
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In before release bidders breakdown as xenophobic
Paying only 15k a year to drive in the most expensive city in the world is considered cheap. This coe price rise is long overdue.
Instead of saying it's expensive, ask yourself first why others can afford you can't?
i think likely in future will be cap at 150K, then tiebreaker, like in BTO ballotCOE 500k please
Yes keyword is rich. Cars are meant for the rich. If not rich, what for you buy car? I mean why buy car when you are not rich?For the rich people, I think their stock dividends yearly already exceed 100k a year, so car is just a normal purchase for them
Really knn the monitor lizards.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








bro, bidding on behalf is a 'service' by the dealers okNeed to revamp the system to make it not possible for dealers to bid COE
Car buyers must bid their own COE
Oh they let the dealers bid on behalf and advise.... How nice of them. Change to 100% self bid for private vehicle.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
Ya, lta talk so much, don’t reveal who screwing everyone. Transparency plsPreist 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![]()
There is not a single good reason to bid low for the buyers... They got loan comm.. The more the merrier....They do realise all the distros have a bidding department and act on behalf of car buyers. They do the bidding based on the finance instructions like margin from sales etc...
Why ask car buyers to be prudent? I think each of the 1500 bids, less than 15 is self bid ones.
Can you imagine the profit margin?Doesn’t matter 90% of buyers just pay for their guaranteed COE packages. you don’t win a bid my hoping it will go low…![]()