Singapore-Malaysia Border Reopening, Cat E COE A Dollar Off From $100k | This Week In Cars #26
In this edition, we take a look at the recent border reopening and Cat E COE rises to just a dollar off from $100k!
In this edition, we take a look at the recent border reopening and Cat E COE rises to just a dollar off from $100k!In short, if you're looking for a condensed list of our weekly round-up, we have:
- What Happened On The Weekend Of The Singapore-Malaysia Land Border Reopening?
- April 2022 COE Results 1st Bidding: Cat E A Dollar Off From $100k, Steady Increases Across Most Categories
- Here’s How Much More Expensive Cars Got In 2022!
- New Citroën C4 | Shaped to Reinvent
- Motorist Vehicle Price Predictor Launched!
Continue scrolling to read a condensed version of the articles! Otherwise, you can click on the links above to bring you to the respective article or video!
What Happened On The Weekend Of The Singapore-Malaysia Land Border Reopening?
After numerous false starts, the land borders between Singapore and Malaysia have finally been reopened. Shuttered since 2020, the anticipation and uncertainty of this development has propagated many mistruths online. But what actually happened?
For some context, the borders were initially closed back in early 2020, as Singapore grappled with a surge in coronavirus cases. Back then, many Malaysians working in Singapore had to make a tough decision - stay in Singapore for gainful employment, not knowing when they’d be able to return, or cross back over the causeway to be with friends and family, and potentially lose their jobs here. Businesses on the border towns that relied heavily on tourism dollars also suffered a big hit, leading to even iconic names being forced out of business.
These government policies have a very real impact on the lives of the people that rely on cross-border trades and transactions, separating people from their loved ones, missing crucial life events and anniversaries.
Want to know more? Click here to read on!
April 2022 COE Results 1st Bidding: Cat E A Dollar Off From $100k, Steady Increases Across Most Categories
In the 1st COE bidding exercise for April 2022, Cat A closed at $72,996, Cat B at $98,389, Cat C at $54,901, Cat D at $10,503 and Cat E at $99,999.
Cat A (Cars up to 1600CC & 97KW) received 723 bids and saw a $1,440 increase from the previous exercise. It closed at $72,996.
Cat B (Cars above 1600CC or 97KW) saw 708 bids and decreased by $500. It closed at $98,389.
Cat C (Goods Vehicle & Bus) received 210 bids and increased by $3,397. It closed at $54,901.
Cat D (Motorcycles) had 561 bids in total and saw a $2 increase. It closed today at $10,503.
Lastly, Cat E (Open Category) received 290 bids and saw an increase of $989. It closed at $99,999.
Want to read the full article? Read on here!
Here’s How Much More Expensive Cars Got In 2022!
Rising car prices triggered by supply chain issues in a pandemic, geo-political instability in Eastern Europe and rising crude oil prices aren’t sufficient to deter the Singaporean car buyer it seems.
In times of global instability, consumer confidence would naturally take a plunge. Lay-offs, pay cuts and the general cumulative fear of volatile markets means the general public would very much rather have loose cash on hand to deal with any potential financial fallout.
Proceed here to find out more about the car prices!
New Citroën C4 | Shaped to Reinvent
Introducing the new Citroën C4, a hatchback that is Shaped to Reinvent. With a disruptive silhouette that combines the elegance of a hatchback and the strength of an SUV, the Citroën C4 comes with Advanced Comfort® programme and driving assistance technologies for greater confidence on the road.
Click here to watch the video!
Motorist Vehicle Price Predictor Launched!
Have you ever wondered just how much your current vehicle is actually worth? Track its value with Motorist’s Vehicle Price Predictor!
Our aim at Motorist is to simplify vehicle ownership and selling your vehicle is very much part of the ownership process. Used vehicle prices can greatly fluctuate with demand as well as with the current COE prices. As such, it can be difficult to ascertain the best time to actually sell your vehicle.
Proceed here for more information!
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