The Great Singapore Sale has just started but authorized car dealers have not put out any superb discount to coax me into buying. The COE quota premium rebounded as I have expected from the drop in the May 1st bidding exercise. I see most dealers are holding the price steady for now. Thus, I do not expect much change in the upcoming exercise.
Prediction on May 28:
Category A: $15,000-16,000
Category B: $16,000-17,000
Verdict on June 4:
Category A: $14,590
Category B: $14,640
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