Industry watchers expect COE prices to keep rising, possibly till 2023, after open category premiums hit S$99999 - TODAY

SINGAPORE — Certificate of Entitlement (COE) premiums for cars are expected to keep climbing, possibly until next year, industry observers and players said, after open category premiums almost hit six figures in the latest bid this week.

'ZERO GROWTH' KEY DRIVER FOR COE PRICES The tight supply for COEs is a perennial cause of upward pressure on premiums, the experts told TODAY. The Government has adopted a zero-growth policy for ca… [+4981 chars]

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