Anonymous
What do you think
a) Keep going to $90k?
b) maintain $30k range?
c) will go up abit and trend down $20k below?
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This is hard to predict. The 'islandwide GPS ERP system' (by mileage) is coming soon and so far we are still unsure of the cost structure. If the cost for the new ERP system is high then definitely the COE will go down to compensate for the difference. (Also because there will be less demands because of the additional cost of driving)
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This is the latest result for COE. it is 8 years low now
https://www.motorist.sg/article/653/july-2020-c...