28.6 C
Singapore
Tuesday, October 7, 2025
Ads

COE DROP ACROSS THE BOARD BUT EXPECTED TO RISE AGAIN IN THE NEXT 3 MONTHS

Source: LTA

COE prices has dropped across the board with an exception for a marginal rise in the Open category

Advertisements

Mr Raymond Tang who is the managing director of Yong Lee Seng Motor, stated that the slight drop in prices was due to a correction after prices surged in the last cycle.

But he expects COE prices to rise again in the next three months. This is due to an expected lower quota for the bidding period from August to October, and more people turning to cars as a safer transport option amid the Covid-19 pandemic.

- Advertisement -
- Advertisement -
Latest News

GF ANGRY AFTER SWEET TOOTH BF STEALS ALL HER HONEY AND PEANUT BUTTER

My boyfriend) and I live in on the opposite ends of Singapore for work and we visit each other...
- Advertisement -