COE prices for cars at eight-year lows
https://www.straitstimes.com/singapore/t...-year-lows
[At the close of bidding on Wednesday afternoon (June 20), COE premiums for cars up to 1,600cc and 130bhp dropped by 6.4 per cent to $34,110 - the lowest since November 2010.
For cars above 1,600cc or 130bhp, COE prices tumbled from $36,000 to $33,900, falling by 5.8 per cent. COE premiums for this category continue to remain at an eight-year low, surpassed only by March 2010’s price of $26,389.
In the open category, which is for any vehicle type except motorcycles, COE premiums fell 7 per cent, from $37,000 to $34,400 - also maintaining at an eight-year low.]
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I would say COE prices are currently crashing. anyone planning to buy new car ? or shall we wait till COE hit <10k again?
This could be a leading indicator of how our local economy is doing.
https://www.straitstimes.com/singapore/t...-year-lows
[At the close of bidding on Wednesday afternoon (June 20), COE premiums for cars up to 1,600cc and 130bhp dropped by 6.4 per cent to $34,110 - the lowest since November 2010.
For cars above 1,600cc or 130bhp, COE prices tumbled from $36,000 to $33,900, falling by 5.8 per cent. COE premiums for this category continue to remain at an eight-year low, surpassed only by March 2010’s price of $26,389.
In the open category, which is for any vehicle type except motorcycles, COE premiums fell 7 per cent, from $37,000 to $34,400 - also maintaining at an eight-year low.]
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I would say COE prices are currently crashing. anyone planning to buy new car ? or shall we wait till COE hit <10k again?
This could be a leading indicator of how our local economy is doing.
Virtual currencies are worth virtually nothing.
http://thebluefund.blogspot.com
http://thebluefund.blogspot.com