Quote:
Originally Posted by Unregistered
Despite the 40% increase in supply of COE for Cat A, price drop by only $3k, which is about 4.6%.
What does this means? It means demand is very strong. Many people expected COE price to drop to by a lot but did not. This means in future COE bidding, prices will start to rise again.
DEMAND IS VERY STRONG.
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Well, I am OK to wait. If every quarter it drop 4.6%, then in 2-3 years time, the
COE till drop even lower! Huat Ah!