Motor Mouth: $10,000 motorbike COE not something to be proud of

Premiums have been creeping northwards from 2010, when motorbikes bought with the first COEs in 1990. They stayed mostly below $1,000 before 2010. PHOTO: ST FILE
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SINGAPORE - So, it has come to pass. The certificate of entitlement (COE) for motorcycles has hit an all-time high of $10,000.

You could say it's inevitable, given how prices have been trending in recent months. The premium has been setting record after record since early 2021 - crossing from more than $7,000 to $8,000 in April, then from $8,000-plus to $9,500 in August, and has been creeping up since.

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