Versuchen GOLD - Frei
Share of COEs secured by car-leasing firms falls to 10%
The Straits Times
|November 13, 2024
Strong demand by individual Singapore buyers a likely driver of rise in premiums: Minister
One-tenth of the certificates of entitlement (COEs) for cars secured between January and October 2024 went to car-leasing companies. This is down from 24 per cent in 2023 and 26 per cent in 2022.
Transport Minister Chee Hong Tat revealed these figures in Parliament on Nov 12. He said that among the main drivers of the increase in COE premiums in recent quarters was likely the strong demand from individual Singapore buyers, and not foreigners or car-leasing companies.
Only 2 per cent of successful bidders for car COEs were foreigners in 2023 and 2024, compared with 3 per cent in 2022.
Mr Chee was responding to questions from MPs about COE supply and premiums.
Diese Geschichte stammt aus der November 13, 2024-Ausgabe von The Straits Times.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON The Straits Times
The Straits Times
RAMEN REVIVAL
Slurp up regional flavours from Japan and local hawker renditions
10 mins
November 02, 2025
The Straits Times
MIDDLE EASTERN MELTING POT
New eateries are putting their own spin on the cuisine, while established players keep pace with updated menus
11 mins
November 02, 2025
The Straits Times
From a super-saver to embracing 'die with zero'
After a lifetime of saving for the future, I recently opened up to the idea that maybe one should use up one's wealth before one dies.
6 mins
November 02, 2025
The Straits Times
MASTEROFMYUNIVERSE TO RULE
RACE 1 (1,200M) 4 Run Run Timing made a strong first impression for the Ricky Yiu stable, finishing a close second on his Class 5 debut and showing he is ready to win again. He draws wider in barrier 9 this time, but that effort confirmed he was heading the right way.
6 mins
November 02, 2025
The Straits Times
KEEPING CALM THE 'BIGGEST LESSON'
Sabalenka aims to keep her emotions in check in bid for first WTA Finals crown
2 mins
November 02, 2025
The Straits Times
New work by late M'sian poet
Two young editors have worked to posthumously publish In The Mirror: New And Selected Poems Of Wong Phui Nam
3 mins
November 02, 2025
The Straits Times
WILL POGACAR BECOME CYCLING'S G.O.A.T?
In this series, The Straits Times takes a deep dive into the hottest sports topic or debate of the hour. From Lamine Yamal's status as the next big thing to pickleball's growth, we'll ask The Big Question to set you thinking, and talking.
5 mins
November 02, 2025
The Straits Times
Sentosa Cove property prices buck mainland uptrend as loss-making deals rise
In July, a condominium unit at Marina Collection in Sentosa Cove was resold for $4.95 million, over 40 per cent below the price paid in 2008.
4 mins
November 02, 2025
The Straits Times
More HDB flat owners switching to bank loans as rates drop to 3-year low
Owners spoilt for choice as banks compete to offer attractive refinancing options
4 mins
November 02, 2025
The Straits Times
Beauty products and fried chicken: Korean culture meets diplomacy at summit
World leaders and business titans gathered in South Korea this week to hash out issues from tariffs and AI to regional security.
2 mins
November 02, 2025
Listen
Translate
Change font size