Here's everything you need to know about COE Renewal in Singapore. Renew for 5 or 10 years? Taking the best COE renewal loan, when to renew your COE and more.
Amidst increases in both COE supply and car-buying demand recently, premiums have continued to float around the $100,000 line for all categories.
Maybe it’s time to reverse induced demand to resuscitate our love-hate relationship with travelling on the roads.
It appears that the end of sky-high premiums may not yet be in sight, as slowing de-registrations suggest that the COE quota for May to July is set to fall.
Singaporeans, an undyingly calculative bunch, have taken utility maximising and dollar-stretching to fascinating heights over the years in their car ownership.
With COE supply projected to fall, we can expect COE premiums to continue to climb, as year-end sales and promotions are likely to drive new car demand.
COE supply is set to increase for the upcoming quarter due to increased vehicle deregistrations in August and the return of quota of the suspended COE bidding.
With higher vehicle deregistrations for July and the return of quota of the suspended COE bidding, COE supply is set to increase for Nov-2020 to Jan-2021.