It’s time to put the brakes on high COE premiums

While the seasonal low supply of certificates is often cited as the reason for soaring premiums, it is not the only factor. ST PHOTO: ALPHONSUS CHERN
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SINGAPORE -It has been five months since certificates of entitlement (COEs) for bigger cars crossed $100,000 – a level which they have remained above.

If the Land Transport Authority or Ministry of Transport had wanted to cool the super-heated market, they would have done so by now.

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