19 Dec '12, 12pm

Singapore Entrepreneurs » Blog Archive » Are COE Prices ever going to Drop?

19 Dec, 2012 Are COE Prices ever going to Drop? Posted by: Singapore Entrepreneur In: Business in Singapore What is going on? Shouldn’t COE premiums start dropping already? COE Prices for small cars hit an all-time high at the end of the latest bidding exercise on Wednesday closing at S$81,889 -or- up 4.3% from previous tender by S$3,366. CRAZEEEE … similarly, COE premiums for big cars ended 3.7% or S$3,301 higher at S$93,501. Even motorcycles edged up S$89 to S$1,701, a ridiculous sum of money for those who can’t afford it. Thankfully, in the commercial vehicles and open categories, the COE price dropped by S$834 to S$62,201 and S$1,010 lower at S$95,990 respectively. Still heady heights, but prices have simply got to start going down or we’ll all be driving around condos soon. Related Posts: What’s in Store for Singapore 2011? Steel Prices as Economic Indicator Singapore...

Full article: http://entrepreneur.com.sg/wordpress/?p=1708

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