25 Jul '11, 8am

When COE inflates, your ride deflates? #Singapore

When COE inflates, your ride deflates? #Singapore

The rise of prices of the Certificates of Entitlement (COE) defies logic. The results are astonishing, considering that the COE price of a single Category A could have bought you a second car three years ago. But are Singaporeans making blind purchases during these unpredictable times? I have often encountered people breaking the ice with me with the question: "How's the car market now?" Of course, there are questions to be answered, but the issue is not about when the COE market will dip. It's about what this situation is going to bring us in the next five years. The manufacturing cost of an average Japanese sedan is an average S$20,000, and the COE that you have just paid for ($72,501 for cars above 1,600cc) is about three bags "fool" of it. It is an enormously inflated figure, which some have justified by saying that hacking away at the Quota allocation tree is fundamen...

Full article: http://sg.news.yahoo.com/blogs/fit-to-post-autos/coe-infl...

Tweets

Check out photos from this weekend's world naked bike ride in NYC: via @adavies47

Check out photos from this weekend's world nake...

treehugger.com 26 Jul '11, 4pm

Sunday was a big day in New York City. It was the first day of legalized gay marriage, so there was plenty of celebrating ...

Reflections on how coffee helps fight liver cancer | Fit to Post Food - Yahoo! News via @yahoosg

Reflections on how coffee helps fight liver can...

sg.news.yahoo.com 26 Jul '11, 1am

A fragrant kopitiam Ah-Ko sock-brewed version of coffee By KF Seetoh, makansutra I had to spend two sleepless nights befor...