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    COE prices fall across all categories

    By Fann Sim | Yahoo! Newsroom – Wed, Dec 21, 2011

    Certificate of Entitlement (COE) prices fell for all categories in the second bidding exercise for Dec 2011.

    The biggest fall was in the open category where premiums fell from $74,340 in the previous bidding exercise to $71,000. It declined by $3,340 or 4.5 per cent.

    For taxis and cars that are 1,600cc and below, the premium in this round of bidding is $50,001. The premium fell by $2,391 from $52,392 or 4.5 per cent.

    Premiums for big cars above 1,600cc also dipped from $72,350 to $70,003. The difference is $2,347 or about 3.24 per cent.

    In the motorcycle category, premiums fell from $1,902 to $1,481. The premiums fell by $421 or 22 per cent.

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    • Ian
      Ian  •  5 months ago
      REMOVE COE for TAXIS and REDUCE TAXI FARE for the PUBLIC !!!!!!
      REDUCE COST of LIVING for SINGAPOREANS !!!!!
      • swee hong
        swee hong 5 months ago
        They won't do that it, is a huge loss for the money oriented GOV.
      • Tara Tan
        Tara Tan 5 months ago
        well said, lan.
      • Bostan
        Bostan 5 months ago
        reducing all this ?? You must be CRAZY .... Who will feed all our precious MPs ??? Singaporean deserves it as majority asked for it !! The poor minority ~~
        haizzz
    • Camwerks
      Camwerks  •  5 months ago
      COE Fall but no diff.
      Still as expensive
      Singapore is a country no longer what she was.
      Everything about money.
      Sad
      • Tan
        Tan 5 months ago
        no chose... they lead by example... telling talent = $$$$$$.... the rest will just follow..
      • Tan
        Tan 5 months ago
        choice*
      • teo
        teo 5 months ago
        Change the government; change the policies!
    • blur king
      blur king  •  5 months ago
      Where all the COE money go?
    • gnow
      gnow  •  5 months ago
      Five years ago, I bought my Hyundai Trajet for less than $70K. Now for the same price, I can't even afford the COE. So what has changed. The only drastic change is the increase in population. Too many people on such a small island!
      • A Yahoo! User 5 months ago
        Question ; who's the damn bugger culprit ? ? Answer : $A$ gahmen obviously !
      • What's Right
        What's Right 5 months ago
        5 years ago, your Trajet should not have cost $70k, it should have been around $85k if the then Transport Minister had not mess up the COE release. Then today, the price would have hovered around thereof.

        Today we are getting the 'aftershock".

        That's why, government's policy are very important ie. quality and ability of highly paid Minister must commensurate with their pay.

        Was wondering what had happened to Gerard Ee and his pay review for the Ministers? 2011 is ending soon.
      • teo
        teo 5 months ago
        Change the government; change the policies!
    • KURO
      KURO  •  5 months ago
      Too costly for pc of toilet paper (COE)
      We don't need to own toilet paper (COE) for car
      • swee hong
        swee hong 5 months ago
        But the GOV needs it!! the more the merrier...
      • Gollum
        Gollum 5 months ago
        COE = Piece of Sh**t
    • zerase
      zerase  •  5 months ago
      In other countries $70k can buy fast and furious cars like evolution 9 here not even enough to buy paper. COE itself is bullshit
    • A Yahoo! User  •  5 months ago
      Its a BIG joke ..... hahahahaha
      motor cycle pays COE & ERP .......
      LOLOLOLOL
      PIW (people in white) even despatch rider money also
      they suck suck till dry.
    • Eug
      Eug  •  5 months ago
      PAP self inflict INFLATION...
      Quoted "It cannot be helped"......
    • mini stars Alibi Tactics
      mini stars Alibi Tactics  •  5 months ago
      NO SHIT !!!!..............COE cut-throat price$ ' FALL ' across all categories.........Folks, what it means in other words is that today's COE ( Certificate Of Extortion ) is less absurdly over-priced then yesterday's. Imagine, $50,001 minimum upfront for a piece of paper if you were to buy a small car below 1500cc.
    • Andy
      Andy  •  5 months ago
      yea... low for the rich but high for the poor. Owning a vehicle is history of the past. Today, it is only meant for the elite.
    • Saw Lum Par
      Saw Lum Par  •  5 months ago
      day light robber
    • wong m
      wong m  •  Kuala Lumpur, Malaysia  •  5 months ago
      Singaporeans deserve the COE to drive cars. Singaporeans voted in a government that implemented such policy. Do not blame the monkey. Blame the idiots who allowed the monkey to manage the banana plantation.
    • David
      David  •  5 months ago
      The drop in COE to the rich is nothing but to others it is still expensive.
    • Nes
      Nes  •  5 months ago
      IN LATEST NEWS IS BECOS OF OUR FAILED MRT SYSTEM THAT ENDS UP PEOPLE GOT STUCK INSIDE , DESASTER HERE N THERE ..................THE GOVERNMENT HAS DEDCIDED TO DROP ALL ^COE^ PRICES TO APPEASE ALL COMMUTERS TO GO BUY NEW CAR LE...............

      ALSO CAN COLLECT MORE ERP FARES AND AT SAME TIME MAYBE CLOSE DOWN THE SMRT FOR GOOD .................AND NOT GET GANA COMPLAIN FOR NOTHING.

      HA HA HA........................NO MATTER WHAT , STILL EXPENSIVE TO PAY FOR A CAR .
    • interest
      interest  •  Singapore, Central Singapore  •  5 months ago
      If you have COE to control car population, why do LTA have all these taxes?
      Registration Fee, ARF, PARF, Excise Duty, Road Tax, Special Tax.
      Why is the govt making so much money from the people???
    • James Huang
      James Huang  •  5 months ago
      Fall across all board, sounds good only, but still peanuts,,,
    • chan
      chan  •  5 months ago
      Still very high,don't ever think of owning a car in Singapore unless you are earning 4K per month and no other commitment.
    • Tan
      Tan  •  5 months ago
      cos a lot of ppl complain of MRT , gov want us to purchase car dont take mrt cos mrt always...lol
    • Devil at Work
      Devil at Work  •  Singapore, Central Singapore  •  5 months ago
      only drop a few K, what so big hooha to report, if it drop by half at one go then that's call big news
    • True S'porean
      True S'porean  •  Singapore, Central Singapore  •  5 months ago
      What's the big deal ! Still as high!! Dare the Govt to stop/limit the importing of new vehicles into Singapore and do away with the stupid COE. Am sure the rest will fall...ERP...etc etc
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