Plunge in COE prices drives eager buyers to car showrooms

COE prices for the last three tenders before the most recent one on May 23 had seen a steady increase.
COE prices for the last three tenders before the most recent one on May 23 had seen a steady increase.PHOTO: ST FILE

SINGAPORE - The plunge in the certificate of entitlement (COE) prices at the tender last Thursday (May 23) lured prospective buyers to car showrooms over the weekend.

There were more than a dozen groups of customers viewing cars at the Hyndai and Toyota showrooms an hour before closing time when The Straits Times visited on Sunday.

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