SINGAPORE — The authorities’ second move in six months to change how the Certificate of Entitlement quotas are calculated would smoothen out supply fluctuations, but has little impact on premium prices in the short term, said industry watchers.
“Conversely, if deregistrations start to speed up, then the ramp up in COE quota availability will also be reduced,” said the associate professor from Singapore University of Social Sciences. “People may be thinking that since there’s more supply, I’ll go into the market to purchase the COE,” said the civil and environmental engineering lecturer, who has done various research on transport issues.
The Experts agreed that bigger factors are at play in determining the longer term direction of the prices.
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