asked about COE Renewal

about 3 years ago

Why do Singaporeans still drives even with the rise of COE pricing?

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1 Answer

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Khaliesah

Hi there! Basically, the idea of COE is to try influence demand by controlling price. Singaporeans who bought a vehicle despite the costly price would be cautious in their use. Also, some drivers have a reason of their own.

We have written an article on why the COE fails at discouraging Singaporeans From Driving. Check it out:

https://bit.ly/2P0UlLD

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about 3 years ago