Cat A COE Drops 10% to $89,889; Other Premiums Also Fall

Hi guys,

We all know that in Singapore, before you can drive a car, you need to own a Certificate of Entitlement (COE). The price of the COE fluctuates a lot, like the stock market—full of ups and downs, and quite thrilling. Have you all caught the latest COE results?

Cat A COE prices have dropped by 10% to $89,889, with premiums down in most other categories too. 🚗💨

I've been keeping a close eye on COE trends, and it seems we're entering a phase where COE quotes might increase again lah. Take Cat A as an exmaple, historically, when we see such a dip, it often signals a rebound in the coming cycles. Recently, there was news about an additional 20,000 COE quotes being added to the market, which could influence upcoming prices.

What do you think the COE premium will be at next upcoming auction? Why?

Will you keep an eye on COE?