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The Land Transport Authority said the higher COE prices this round are partly because the last tender was three weeks ago instead of the usual two. There was also a car roadshow at the end of September.
"More broadly, the lower costs of EVs especially from China, as well as the reduction of incentives for cleaner energy vehicles, have also added to demand," LTA said.
"We advise car buyers to be prudent in bidding for COEs."
https://www.channelnewsasia.com/sin...71?cid=internal_sharetool_iphone_08102025_cna
"More broadly, the lower costs of EVs especially from China, as well as the reduction of incentives for cleaner energy vehicles, have also added to demand," LTA said.
"We advise car buyers to be prudent in bidding for COEs."
https://www.channelnewsasia.com/sin...71?cid=internal_sharetool_iphone_08102025_cna