Can't wait for the roads to clear up.
But if
COE price drop, then people will rush in to buy. Then back to square one. Hope the gahmen will cut
COE quota further. Instead of increasing the car population by 0.5 % per year, they should just aim to maintain the same number! ie not to let the car popular grow anymore.
If you have tried taking the
MRT during peak hour, you will want to drive.
Quote:
Originally Posted by Unregistered
Over the next 2 years, there will be a lot of car scrapping and not many will buy new cars because of the opening of the Downtown Line 2 in 2016. Many staying along the DTL2 may switch to taking the MRT to work in CBD. So with the high supply of COE and low demand, COE price will crash. Let's hope for Cat A COE to drop to $20k and Cat B to drop to $25k. |