Quote:
Originally Posted by Unregistered
We havent reach the peak of car deregisteration cycle yet- coming soon in end 2015.
The number of coes will so plentiful that coe price is of 30k is the new normal. Govt already knows coe prices will drop like a stone, that why they supplement their tax revenues with new petrol duties..
Dont be kan cheong spider, be as patient as a sheep in this new year of sheep, many wolfs shouting out to lure you with fear and greed, dont be eaten by them
Gong xi fa cai!! |
The garment will keep the excess quota before we even have a chance to reach the peak cycle.
those who have been waiting and waiting for the
COE to drop will be in for a rude shock. They will be amongst the 100,000 cars who are deregistering, but garment only release back 60,000, and keeping 40,000 for the famine years. This will cause panic buying again, and
COE will rise back. That's my crystal ball says. I am not going to take risk to wait, and in fact, I have booked my new Altis for $99k. It will probably take a long time to reach back this pricing!