Crazy crazy COE in dec 2010

[seiko.citizen]

Cant agree more. Everything up up up!!!! This morning i bought a Ba Bao (肉包), ladyboss told me Ba Bao increased 10cents from today onward!

It was 50cents few years back, now 80cent liao...

that cant be good; means if i head back to sg soon; ill end up with even less spending money now .

[116520]

not crazy enough yet...

[shuseido]

sad but true.

Cant agree more. Everything up up up!!!! This morning i bought a Ba Bao (肉包), ladyboss told me Ba Bao increased 10cents from today onward!

It was 50cents few years back, now 80cent liao...

[cal_wish]

As Cat B already $70k plus and believe it'll be raising to reach $100k soon, I think Cat A will also be follow suit too.

[patrickmaniac]

Obviously the white castle policy makers made a major booboo but as with mas selamat, no one gets the stick. In fact LTA will put more coffers into the state acct with this rocket Coe. Would not be surprised to see stat board/ civil sector getting pay increase or bigger bonus going forward. Maybe a pay hike for them next year?
And we have the current situation which is going back in time to when Coe was sky high.
Uniquely Singapore.

You are right, and this is so only under the current/new policy which issue new COE based on the no. of cars scraped. The old policy was different and actually increased the no. of cars on the road substantially in the past few years...remember the garmen said let more people own cars but charge on the usage (= higher ERP) bla bla bla...?

[pegasi]

It also depends on how many are scraped. But with the current situation, most folks would not scrap and hold on to their cars. So I dun think it would help much.

Still the same jams every morning.

You are right, and this is so only under the current/new policy which issue new COE based on the no. of cars scraped. The old policy was different and actually increased the no. of cars on the road substantially in the past few years...remember the garmen said let more people own cars but charge on the usage (= higher ERP) bla bla bla...?

[patrickmaniac]

It also depends on how many are scraped. But with the current situation, most folks would not scrap and hold on to their cars. So I dun think it would help much.

Still the same jams every morning.


QUOTE=pegasi;369186]On a more serious note (after my singing)...

While I sympathise with those who want/need a car but can no longer afford one with the current COE price, as well as those in the car business whom job got affected, I am quite glad that the COE quota has finally been reduced...for selfish reason. I have been whining to my wife for the past 3 years or so that there are too many cars on the road as a result of too many (and cheap) COE...[/QUOTE]

[pegasi]

On a more serious note (after my singing)...

While I sympathise with those who want/need a car but can no longer afford one with the current COE price, as well as those in the car business whom job got affected, I am quite glad that the COE quota has finally been reduced...for selfish reason. I have been whining to my wife for the past 3 years or so that there are too many cars on the road as a result of too many (and cheap) COE...

[breitling77]

Really cannot imagine COE alone is $72k! Wonder how many "cars" to give "garmen". And more and more dealers or sales staffs will be asked to leave. Why "garmen" never help it's people? Rather see dealers close shop or sales staff being laid off and do nothing. Sad...

[seiko.citizen]

COE......property......is like the wave in the sea......sometimes up......sometimes down......nothing fancy......

Pegasi bro, you like singing the hokkien song leh... “有时起，有时落”。。。hahahhaa...

sad but true.

[pegasi]

Pegasi bro, you like singing the hokkien song leh... “有时起，有时落”。。。hahahhaa...

hehe...that was what inspired me

[voltshin]

one day, they might implement COE for watches too.
oops, i just gave them another idea to earn money using papers.

[patrickmaniac]

It's mostly the PIs that close shop. But china cars dealer will be gone soon too.

Oh my the Coe price can buy 3 ss daytona.

At 70k, even PP with change.

News say many dealers close shop.

[patrickmaniac]

The ADs have their 2nd hand Shops too. Like republic auto for merc and there's a shop at kallang by pm for Beemer.

Well, it is a good time to venture into used car sale business. It is actually very lucrative. 1) Paper transaction, 2) know the workshop, 3) find a place to store the cars. Many PIs now moving forward into used car sale.

[shuseido]

COE......property......is like the wave in the sea......sometimes up......sometimes down......nothing fancy......

Pegasi bro, you like singing the hokkien song leh... “有时起，有时落”。。。hahahhaa...