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Motor Mouth: Fixing COE anomalies requires more than tweaking supply
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One way to cool COE prices is to merge all categories into one, and base premiums on the vehicle's cost price.
PHOTO: ST FILE
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SINGAPORE – In a case of “if you don’t succeed, try and try again”, the Government made a one-off adjustment to the certificate of entitlement (COE) supply
It brought forward a number of COEs arising from five-year renewals due to expire in future years. These COEs will be distributed over the next several quarters to mitigate the current seasonal drought in certificates.
