THE LEVEL GROUND
·
SUBSCRIBERS
High COE prices will not hurt private housing demand
Published Mon, Jan 1, 2024 · 04:35 PM
Car buyers will heave a sigh of relief, especially those looking for higher-end cars.
Prices for all certificate of entitlement (COE) categories fell in December’s second round of bidding, with the largest reduction seen in the category reserved for more powerful cars. Prices for Category B fell 15.4 per cent, or S$20,099.
A bane of car buyers is the need to buy a COE, which has a finite life.
KEYWORDS IN THIS ARTICLE
READ MORE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Opinion & Features
Vibrancy of Singapore Exchange should be everyone’s concern
From Lego to McKinsey, distracted managing can kill companies
South Korea summit comes at key moment in global AI debate
Stock market needs shot in the arm, but not via CPF investments
Making ChatGPT ‘sexy’ might not end well for humans
Biden gets tough with China on trade