Seriously why is everyone expecting the COE premium to plunge this year? It will cause many negative impact if they allow it to swing from $90k to $40k within span of 2 years. It will cause another spiral of deregistration of high COE and we will end up Dejavu in the drought years again. I am sure our smart ministars won't be making the same mistake twice, for which if they do, they cannot claim they don't have 20/20 foresight again!!