COE

NETIZEN LISTS ACTUAL ISSUES PM LEE SHOULD HAVE COVERED IN RALLY

A netizen who was equally perplexed by the PM's talking points during the NDR highlighted actual issues which should have been raised at the event. He thinks politicians should not focus on the "rosy outlook" here because Singapore will no longer be a special location in the global economy if they adopt this narrow mindset.

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MOTORCYCLE COE PREMIUMS RACING UPWARDS, JUMPS $600 FROM LAST RECORD HIGH

Motorcycle Certificate of Entitlement (COE) premiums have jumped $600 in the last bidding exercise, a new record high compared to the $7,483 quoted in the previous exercise. COE prices for cars have also risen, with Category A premiums rising nearly $1000 from $50,789 to $51,765 since the previous bidding exercise. Category B premiums rose from $53,300 last month to $54,000 in this exercise.

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COE, ERP AND WATER ALL INCREASED, WHAT'S NEXT?

Why does the PAP continue to INCREASE the cost of living in Singapore during a recession? In times of economic uncertainty, they raise the cost of water, the most important resource to keep on living, all while maintaining their high salaries.

With the recent increase in motorbike COE and introduction of more ERPs, I wonder what will be the next decree that will drill holes in our pockets.

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MOTORBIKE COE PRICE UP 28 FOLDS SINCE 2005, DID OUR RIDERS SALARY INCREASE TOO?

On 1 Feb 2005, it cost only $224 for a motorcycle COE. On 5 Feb 2017, the price had increased to $6412 or about 28 times. Did the salary of delivery drivers increase by even 2.8 times? The last time a motorcycle COE cost below $2000 was in January 2014. Within 15 months, it had increased by $4000 to above $6000. It appears a motorcycle COE may cost more than $10000 soon.

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COE NOT TO STOP PEOPLE BUYING CAR, BUT TO MAKE MORE MONEY FOR GOVT

It's a worrying trend that prices for COE premiums dipped as it allows more people to buy car. Now Singapore is such a small country and we have just too many cars on the roads.

Reason being is that despite having the restriction of loans and a hefty sum of downpayment, Singaporeans are still able to afford as they are earning money from stock markets and lotteries. And to make matters worse, some in-house financing companies or should I say car dealers provide in house loans that will easily manipulate with the loan system by offering high loan, which make the car even more affordable.

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UNFAIR TO ALLOW CHEAPER JB BIKES TO BE USED AS DELIVERY VEHICLES?

How to compete if LTA allow JB bike which only cost less than our COE to operate here. What if an accident happens and 3rd party insurance claim state for JB bike does not cover for commercial usage. Who should we claim from? Bottom line is how LTA set rules for our people to be competitive if COE is so high. Bosses are looking only at their profits. No bosses will care how it is done. Only LTA can regulate this.

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MORE COE OFFERED IN FEB - APRIL, MORE JAMS HEADING YOUR WAY

How come today's news say that the there will be more COEs to be offered in the February to April period, an almost 8.9% increase?

I thought the reason the government have the COE ruling is to manage the number of cars in the road? Means now the government think that the cars on the road are better able to make use of "empty" spaces in our roads? Wah, that means what, more COE, means COE might be cheaper during this period? Also means, after April, the roads and expressways will always continually have jams?

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MOTORCYCLE COE HITS RECORD HIGH, S'POREANS SQUEEZED BUT PAP WINS?

Do you know that high COE prices is one of the main generators of the $3.45b surplus for the PAP Government in 2016? And yet despite squeezing the man in the street with a range of taxes, it spends the least (17.9% of GDP) among developed countries? Why does a small island need so many ministers? Are we to accept the fact that despite being touted as "top talent" and paid millions, these ministers can't handle the full portfolio individually and need to split their work?

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