It’s time to swop your BMW for a BMX, Singapore bikers.
Motorcycle COEs have hit a historic high of S$5504!
This is up from S$4889 in the previous bidding exercise.
To think that just last month, the Straits Times was already flashing alerts about COE for motorcycles soaring 36% to reach a 17-year high.
The last time that COE prices soared was in 1995, when it leapt from the S$2000 region to S$4202.
This time round, local media seems pretty tame about reporting on the huge leap in motorcycle COEs.
Some wonder if COEs will continue to rise throughout the year 2015.
The answer? Probably even a goat would tell you that it’s likely to!
What do you think?
