For subscribers
‘I am not sure if I can cope’: Record motorcycle COE premiums pricing more buyers out of market
Sign up now: Get ST's newsletters delivered to your inbox
Food deliveryman Norman Mohd Yusoff on his rental motorcycle. He has shelved plans to buy a bike as the COE premium has shot up.
ST PHOTO: DESMOND WEE
Follow topic:
SINGAPORE - Mr Norman Mohd Yusoff, 34, wanted to replace his power-assisted bicycle with a motorcycle to do food delivery, after he obtained his Class 2B licence in early October.
But the full-time food deliveryman has shelved that plan after certificate of entitlement (COE) premiums continued rising, reaching a new record of $13,189 in November
