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. |
Please don't come and defy the Law of economics.
With supply increasing rapidly, it is only time that the
COE will plunge!