Latest / The Straits Times Podcasts
S1E4: Why 6-digit COE prices are the new normal: Ex-industry insider reveals
Hear how the final hour of bidding for COEs can typically go, from a ex-motor trade insider.
Synopsis: The Straits Times offers expert insights to Singapore's mobility trends and the vehicle quota system, which includes the Certificate of Entitlement (COE).
There are two tender exercises for these COEs every month. It typically opens for three days, from noon on a Monday and to 4pm on Wednesday. But the bidding action only comes alive in the final hour or so, as more bids start to appear and the premiums climb.
To help us understand what goes on behind the scenes in that last 60 minutes, ST’s…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.