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COE premiums hit $137k record high: Exploring car ownership and property choices

In the ever-evolving landscape of our automotive market, the Certificate of Entitlement (COE) system has taken centre stage once again as it reaches record-breaking heights. As of the 1st COE bidding exercise for September 2023, both Category B and the Open Category have hit an astonishing record of S$134,889 and S$137,000, respectively. This surge in COE premiums has far-reaching implications,...
Toyota Vellfire Open Category Goods Vehicle Toyota Alphard Emissions Scheme Vehicle Emissions Scheme

Is it finally worth it to buy an electric car in Singapore?

Tesla Model X Electric If these prices look steep to you, youโ€™re not dreaming. Electric cars still cost a steep premium compared to their petrol counterparts. For instance, a petrol model like the Nissan NV200 would cost about $70,000, almost half the price of the Nissan Leaf Electric. What rebates are available for electric cars? Given that electric cars still cost considerably more than petrol cars at the moment, the government has recently introduced a couple of rebate schemes to shrink th...
Renault Kangoo Nissan Leaf Additional Registration Fee Open Market Value Adoption Incentive Vehicle Emission

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