COE prices fall across the board

• QX179R

  23 May 12, 17:55

  SINGAPORE: Certificate of Entitlement (COE) prices for vehicles fell across the board in the latest bidding exercise on Wednesday.

  The biggest drop was in the big car category, where the premium fell S$6,834 to S$85,216.

  The COE price for small cars also ended lower, falling S$4,599 to S$58,001.
  
  Open category COE, which can be used for any vehicle type but ends up mainly for big cars, retreated S$2,101 to close at S$86,889.
  
  The COE price for commercial vehicles also dropped. It declined S$1,447 to S$57,106.
  
  Meanwhile, the premium for motorcycles dipped S$131 to S$1,890.
  
  -CNA/ac

• dangerboi

  23 May 12, 21:19

  

• Nelstar

  23 May 12, 21:26

  Originally posted by QX179R:

  SINGAPORE: Certificate of Entitlement (COE) prices for vehicles fell across the board in the latest bidding exercise on Wednesday.

  The biggest drop was in the big car category, where the premium fell S$6,834 to S$85,216.

  The COE price for small cars also ended lower, falling S$4,599 to S$58,001.
  
  Open category COE, which can be used for any vehicle type but ends up mainly for big cars, retreated S$2,101 to close at S$86,889.
  
  The COE price for commercial vehicles also dropped. It declined S$1,447 to S$57,106.
  
  Meanwhile, the premium for motorcycles dipped S$131 to S$1,890.
  
  -CNA/ac

  $85k for COE.

  $50k get a mercedes in Germany. No COE required.

  

• charlize

  23 May 12, 21:35

  Wah.

   

  Election time, coe drop little bit. 

• Nelstar

  23 May 12, 21:37

  Originally posted by charlize:

  Wah.

   

  Election time, coe drop little bit. 

  Rebate.

  

• the Bear

  23 May 12, 21:38

  there is no way it could go further up!

• charlize

  23 May 12, 21:48

  Originally posted by the Bear:

  there is no way it could go further up!

  First day living in sg?

   

  Want to bet? 

• the Bear

  23 May 12, 21:53

  Originally posted by charlize:

  First day living in sg?

   

  Want to bet? 

  you got me there 

• charlize

  23 May 12, 22:05

  Originally posted by the Bear:

  you got me there 

  We wait and see what happens in next few months after hg by election.

   

  Ok? 

   

  Number to beat is 86k. 

• mancha

  24 May 12, 00:47

  Should the poor guy pay $1,890.00 the government just to get permission to buy this.

  

• Bikeforceful

  24 May 12, 07:21

  Originally posted by QX179R:

  SINGAPORE: Certificate of Entitlement (COE) prices for vehicles fell across the board in the latest bidding exercise on Wednesday.

  The biggest drop was in the big car category, where the premium fell S$6,834 to S$85,216.

  The COE price for small cars also ended lower, falling S$4,599 to S$58,001.
  
  Open category COE, which can be used for any vehicle type but ends up mainly for big cars, retreated S$2,101 to close at S$86,889.
  
  The COE price for commercial vehicles also dropped. It declined S$1,447 to S$57,106.
  
  Meanwhile, the premium for motorcycles dipped S$131 to S$1,890.
  
  -CNA/ac

  
  So what does that mean? Ministerial logic- Inflation falling? Or neutral as up or down - the poor do not buy cars so it won't hurt them?
• the Bear

  24 May 12, 09:23

  Originally posted by mancha:

  Should the poor guy pay $1,890.00 the government just to get permission to buy this.

  

  how about $58k for permission to buy a Chery QQ? 

• vicamour

  28 May 12, 23:34

  Originally posted by the Bear:

  how about $58k for permission to buy a Chery QQ? 

  
  We, Singaporeans, are always the pathetic beings living in our own country without much to look forward, not much to own under our name, and have no space and freedom being a sardine fish every single damn day, as long as this govt still rules.

• charlize

  30 May 12, 10:22

  Originally posted by mancha:

  Should the poor guy pay $1,890.00 the government just to get permission to buy this.

  

  You all complain some more, soon you might need to pay $500 to ride a bicycle next time. 

• charlize

  30 May 12, 10:26

  Originally posted by mancha:

  Should the poor guy pay $1,890.00 the government just to get permission to buy this.

  

  The bike probably takes up about 6 sq foot of space.

   

  So you are paying about $300 per sq foot for it.

   

  Still cheaper than buying a hdb flat in terms of per sq foot. . 

• alize

  30 May 12, 10:33

  Originally posted by Nelstar:

  $85k for COE.

  $50k get a mercedes in Germany. No COE required.

  

  S$50k gets a Mercedes sedan.

  S$60k gets a BMW Z4 roadster.

• Nelstar

  30 May 12, 10:40

  Originally posted by alize:

  S$50k gets a Mercedes sedan.

  S$60k gets a BMW Z4 roadster.

  $59k gets a COE.

  

• charlize

  31 May 12, 09:16

  Originally posted by Nelstar:

  $59k gets a COE.

  

  $86k.

   

  For higher end cars. 

• Nelstar

  31 May 12, 10:07

  Originally posted by charlize:

  $86k.

   

  For higher end cars. 

  Maybe the LTA can compute how 1K SGD can pay for motorbike and say COE for personal transport is affordable since 1K SGD can buy HDB.