While we all know about the coming supply, we don't know how strong demand is. Judging by the strong interest from people you talk to, family, friends, colleagues, people in this forum and other social media platform, I can tell you the pent up demand is very strong.

In the recent past, COE prices have gone up even though supply has increased.

Let's see how high COE prices will be in the Feb bidding. In the worst case scenario prices will stagnate and in the best case scenario it will rise by $10k or more.