A $40,000 dip may sound like a lot. Still, this isn't the largest absolute fall in premiums (nor the most drastic overall nosedive) we've seen in 30 years.
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.
Let's find out how the new financing restrictions set out by the MAS may affect Certificate of Entitlement (COE) prices.