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S1E2: Expect no real surprises in high COE environment for next few months: COE Watch
Why records set in 2022, and now 2023, could hint at the new normal in post-pandemic COE prices.
Synopsis: In this new podcast, The Straits Times offers expert insights if you are in the market for a new vehicle or are tracking transportation trends.
During the previous April 19 tender, the COE premium - for smaller cars up to 1,600cc and 130bhp, as well as for electric vehicles (EVs) with up to 110 kilowatts of power - crossed the $100,000 mark for the first time.
It reached a record high of $103,721, up 7.48 per cent from the previous high of $96,501 at the April 5 tender.
New records were…
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