Purpose of this blog is to document and add my view and prediction of COE trend and movement.
What is COE?
You are not a Singaporean if you do not know what is this.
Certificate of Entitlement, without this you will not be able to buy a new car. Every cert is limited to 10 years.
COEs are open for bidding 2 times per month. Typically every 2 weekly. Sometime 3 weekly which is the case for the next closing on the 9th March.
Since I started driving in 1999, COE has gone from a low of $50 to as high as $100,000! Movement of prices is random without fix pattern.
So my prediction for the next bidding will be up up up. Easy conclusion, big drop in Cat A prices on the last bidding coupled with a 3 weeks period to accumulate orders for car dealer.
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