COE

THINKING ALOUD

Is it time to scrap COE categories for cars? 

Let the COE system control population and rely on other, better instruments to manage access to mass market vehicles 

Chinese giant BYD registered 3,239 units, or nearly one in four (24.3 per cent) total registrations.

EVs form about 60% of car registrations in Singapore; BYD accounts for nearly 1 in 4 new cars

Three other Chinese brands joined BYD for the first time in the top 10 selling car brands here

Industry observers attributed Category A's rise in premiums to the strong demand for electric vehicles.

COEs: Mainstream car category tops bidding at S$123,010 as demand ‘just too strong’

Category A rises 4.2%, and closes in on its all-time high of S$128,105 last October 

The Category B premium is up 4.7% or S$5,432 at S$121,000.

Strong demand drives COE spike as mainstream car premium hits S$118,000, commercial vehicles at S$80,001

Stock clearing by legacy brands and continued demand for EVs prompt healthy sales

The close gap between Categories A and B has meant that some demand has moved from the former to the latter as dealers convince customers to upgrade their cars for less.

All COE premiums rise; mainstream cars rise 3.4%, large cars up 1.4%

Observers say spike in motorcycle premium – nearly 12% – is due to combination of increased demand ahead of Hari Raya Puasa

How will the Parf rebate cut reshape Singapore’s car market?

Why the Parf rebate drop is a big change for Singapore’s car owners

The $30,000 question: Why did Singapore slash the Parf rebate? Derryn Wong finds out.

The high cost of cars in Singapore is the main factor driving purchases in Malaysia, industry players say.
BRUNCH

Speed and savings: What’s driving Singaporeans to keep luxury cars in Malaysia

Businesses to aid this are emerging, with buyers drawn by lower costs, rare models and the simple joy of being behind the wheel

More electric vehicles have been introduced under Category A rules in recent years, increasing pressure on premiums.

Singapore to review COE categories for cars: Jeffrey Siow

This will include proposals to apply discounts or surcharges based on a car’s open market value