COE Watch Podcast: Will the COE for your next car come down on Feb 8?

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COE Watch Podcast: Will the COE for your next car come down on Feb 8?
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Why new 5-digit motorcycle COE prices matter to you even if you don't ride. Read more at straitstimes.com.

Synopsis: In this new podcast, The Straits Times offers expert insights if you are in the market for a new vehicle or are tracking transportation trends.

The certificate of entitlement is the permit needed for a vehicle to be used on the road in Singapore. The price of COEs - set by an open tender exercise - has been making the news throughout 2022, repeatedly setting record highs, pushing up the cost of owning a vehicle - and by extension, the cost of transportation all round.The next tender exercise closes at 4pm on Feb 8, 2023.

In this episode, podcast editor Ernest Luis and senior transport correspondent Lee Nian Tjoe try to “crystal ball” the results: Will it go up? Or down?1:50 Up or down? More than 100 million dollars were collected in a single COE tender in December 20224:12 A ‘gap week’ that will influence how the COE price will develop7:30 Why COE cannot crash overnight; explaining the new calculation method to determine the supply of...

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