Forget about buying a car

HDB flat price crashing, no more COV
Condo price crashing
Property oversupply, no tenants, empty ghost town condos
Interest rate going up
All these will lead to COE crashing to $20k (Cat A) and $25k (Cat B)
Car prices will be crashing in 2015 & 2016

All the engineers can then renew the COE of their 10 year old cars