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.

Please or to continue reading the full article. Learn more about ST PREMIUM.

Enjoy unlimited access to ST's best work

  • Exclusive stories and features on multiple devices
  • In-depth analyses and opinion pieces
  • ePaper and award-winning multimedia content