Lee Nian Tjoe, The Straits Times
Lee Nian Tjoe, The Straits Times
11 November 2024
Viewpoint: COE injections' impact on premiums and the broader market
Up to 20,000 additional certificates of entitlement (COE) will be injected across the five vehicle categories over the next few years from February 2025.
The announcement, made by Land Transport Authority on Oct 29, has sparked much discussion among many. The LTA says the move reflects recent trends in vehicle usage, the upcoming and improved ERP 2.0 system and significant investments in Singapore’s public transport network. Could a boost in COE supply lead to a drop in COE premiums and ease car ownership costs?
Lee Nian Tjoe, Senior Transport Correspondent, The Straits Times, weighs in on the impact of this latest development.
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5 July 2024
Viewpoint: Why the gap is narrowing between Cat A and Cat B COEs
The latest COE prices whereby COEs for Category A and Category B are priced at $91,001 and $100,901 respectively. This continues the trend whereby the gap between Cat A and Cat B is narrow, at about $10,000 apart. Previously, the gap used to be about $30,000 apart.
What is fueling this narrow gap? Will this trend continue? Can we ever expect COE prices to become less expensive? Lee Nian Tjoe, Senior Transport Correspondent at The Straits Times, shares his views.
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