Young people’s aspiration to own a car in Singapore may have grown stronger over the years.
Posts Tagged: car ownership
The average mileage for motorists may have fallen, but roads remain congested.
Certificates of entitlement (COE) for cars ended higher, while premium for commercial vehicles and motorcycles eased at the latest tender on Wednesday (April 12).
Commercial vehicle and motorcycle buyers will have significantly more COEs to bid for in the next three-month quota.
Certificate of Entitlement (COE) prices finished mostly higher in the first round of bidding in March on Wednesday (March 15).
Higher demand from individuals and businesses cited as factor.
Dealers are greeting the new tiered additional registration fee (ARF) for motorcycles with mixed reactions.
Cars made up bulk of 44,303 revalidations last year, partly fuelled by high COE prices.
COEs ended higher across the board on Friday (Feb 24) following news of heftier taxes for high-end motorcycles and a probable dip in the Open COE supply.
8795 COEs available each month during said period.