11 questions
Certificate of Entitlement (COE)
What is COE revenue used for?
What affects COE prices? What is fuelling the high bids in 2025? Are our policy measures (e.g. the one-off injection of 20,000 COEs in Oct 2024 and the 'cut-and-fill' to bring forward COE quota from peak years) ineffective given rising COE prices?
Do Private Hire Vehicles (PHV) contribute to higher COE prices?
Should Private Hire Vehicles (PHVs) be in a separate COE category?
Why not introduce a Pay-As-You-Bid (PAYB) bidding system to help bring down COE prices?
Will banning dealers from bidding possibly reduce COE prices?
Has the government considered curbing car loans, given the high COE prices?
Why not introduce a COE surcharge, like an Additional Buyer's Stamp Duty, for those households with multiple cars?
Will imposing a COE surcharge on foreigners purchasing cars have an impact on COE prices?
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