Record COE prices are making their dream harder to fulfil, say aspiring car owners
SINGAPORE — Every time Ms Mandy Mok leaves her home with her three-year-old daughter, she has to bring along a stroller and a heavy diaper bag laden with everything the child may need for a day out. That is why the 39-year-old yearns to have her own car.
- COE prices broke new records in the bidding exercise that ended on Wednesday last week (April 5)
- They have posted regular fresh highs in various categories since early November 2022
- TODAY spoke with seven individuals from all walks of life to find out how the high COEs have impacted their decision to own a car
- The continuing strong demand for COEs comes as the Government presses ahead with its plan to reduce the country's reliance on cars
12 Apr 2023 09:40PM
(Updated: 13 Apr 2023 11:00AM)
Source: TODAY
