One-tenth of the certificates of entitlement (COEs) for cars secured between January and October 2024 went to car-leasing companies. This is down from 24 per cent in 2023 and 26 per cent in 2022.
Transport Minister Chee Hong Tat revealed these figures in Parliament on Nov 12. He said that among the main drivers of the increase in COE premiums in recent quarters was likely the strong demand from individual Singapore buyers, and not foreigners or car-leasing companies.
Only 2 per cent of successful bidders for car COEs were foreigners in 2023 and 2024, compared with 3 per cent in 2022.
Mr Chee was responding to questions from MPs about COE supply and premiums.
Denne historien er fra November 13, 2024-utgaven av The Straits Times.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra November 13, 2024-utgaven av The Straits Times.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
New national scheme aims to build healthy habits in children
Grow Well SG seeks to empower families to ensure kids eat, sleep, learn, exercise well
Singapore International Piano Competition Levels Up With Stellar Competitors
It is a strange but true fact that there has not been a major international piano competition in Singapore since the Rolex International Piano Competition in 1989.
Public housing will always be kept affordable, says PM Wong
Public housing will always be kept affordable for Singaporeans, both now and in the future, said Prime Minister Lawrence Wong.
ArtScience Museum Debuts 2025 Attractions
Japanese art collective teamLab, whose works are wildly popular in Singapore, has added two new works to the ArtScience Museum, but for a limited time.
Unpacking the primal rage of motherhood
Within the first 30 minutes of the magical realist dramedy Nightbitch, Amy Adams, starring as a new-ish parent teeming with fury and resentment, discovers that the oozing pustule that appeared on her back contains what appears to be a tail, the clearest sign yet that she is transforming into a dog.
AGEING MASTER PREVAILS
Djokovic wins epic quarter-final against young Spaniard Alcaraz despite leg injury
Sorry, no secret to life is going to make you live to 110
Some claims behind the longest-lived people are simply improbable.
Recital a celebration of the folk roots of classical music
Much of the music people know and love comes from age-old sources, passed down by oral tradition before being formally documented and scored on paper by scribes now known as composers.
Fighting has halted in Gaza, but the war is not over
Three-phase truce deal extremely fragile while Trump's actions remain unknown
Education ● Parents seem persuaded that tuition is not optional
I refer to the latest government survey on household expenditure, which showed that families in Singapore spent $1.8 billion on private tuition for their children in 2023 (Spending by S'pore families on private tuition rises to $1.8 billion in 2023, Jan 19).
