Prices of Singapore’s COE going up the roof

Prices of Singapore’s COE going up the roof

The COE for the open category is up from $27,590 to $42,001. Just imagine a year ago the price of was around $12~13k. Now the prices of COE are higher than the cars…:) well hopefully the car dealers with come up with more attractive promotions to tackle the crowd. Asset bubble in property, I think the same goes for COE… Just browse through the links and you will see in 2007 even when the market was still doing well, COE was still not as high. This makes me wonder… how do they actually come up with the COE calculation, I understand that there was a change in coming up with the prices but at this level…” there goes my dream of owning a car “

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