Committee of Supply 2025 debate, Day 4: Lim Biow Chuan on costs of COEs
The rising cost of Certificates of Entitlement (COEs) has been a source of great unhappiness for many young couples aspiring to buy a car. Many Singaporeans feel that the high COE cost is due to excessive demand from the bidders of private-hire cars. MP Lim Biow Chuan, who highlighted this concern in parliament on Wednesday (Mar 5), wanted to know if the new measures taken by the Land Transport Authority would help to manage COE costs.
The rising cost of Certificates of Entitlement (COEs) has been a source of great unhappiness for many young couples aspiring to buy a car. Many Singaporeans feel that the high COE cost is due to excessive demand from the bidders of private-hire cars. MP Lim Biow Chuan, who highlighted this concern in parliament on Wednesday (Mar 5), wanted to know if the new measures taken by the Land Transport Authority would help to manage COE costs.
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