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Weekly Wrap Up: Did Singapore's ride hailing scene cause COE prices to skyrocket?
The certificate of entitlement (COE) premium for the Open category breached the $150,000 mark at the latest tender exercise to close at a new all-time high of $152,000.
What has caused prices of COEs to skyrocket over the last few years? And is it time for the government to review the system?
Walter Theseira, Associate Professor, Economics & Head, Master of Management (Urban Transportation) Programme, Singapore University of Social Sciences shares his views.
See omnystudio.com/listener for privacy information.
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By MONEY FM 89.3The certificate of entitlement (COE) premium for the Open category breached the $150,000 mark at the latest tender exercise to close at a new all-time high of $152,000.
What has caused prices of COEs to skyrocket over the last few years? And is it time for the government to review the system?
Walter Theseira, Associate Professor, Economics & Head, Master of Management (Urban Transportation) Programme, Singapore University of Social Sciences shares his views.
See omnystudio.com/listener for privacy information.