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

COE Renewal 15/10/2018 26 View

1 Answer

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:
www.bit.ly/2P0UlLD

0 Upvote Downvote Reply about 1 year ago