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S1E3: Record-breaking COE’s impact on Singapore society
As more are priced out of owning cars, will the cost of vehicle-sharing services shoot up and be passed on to those who use them?
Synopsis: The Straits Times offers expert insights to Singapore's mobility trends and the vehicle quota system, which includes the Certificate of Entitlement (COE).
The certificate of entitlement (COE) is the permit needed for a vehicle to be used on the road in Singapore. This cost then needs to be added to the cost of the vehicle itself before it hits the road. Coupled with a zero-growth policy, the price of COEs - set by an open tender exercise - has been making…
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