• Success88Success88
      ·30 minutes ago
      COE keep raising. Only the rich now can drive the rest all have to take grab $Grab Holdings(GRAB)$ if needed
      1Comment
      Report
    • FlyingDuckFlyingDuck
      ·13:22
      300k+ for a Nio in the near future is unlikely to do well in Singapore. Lack of brand recognition for anyone to pay this premium
      80Comment
      Report
    • shanechangshanechang
      ·13:05
      $NIO Inc. USD OV(NIO.SI)$  $XPeng Inc.(XPEV)$   Singapore’s Category A COE is nearing the $125,000 milestone after closing at $124,790 in the latest May 2026 bidding exercise. With the upcoming The Car Expo keeping automotive demand high, mass-market buyers are being heavily squeezed. This raises a major question for automotive stocks: are global automakers in Singapore for massive profit margins, or strictly for brand prestige? The Financial Disconnect: Prestige vs. Real Profits Prestige Play: Singapore serves as a premier showcase market for Southeast Asian luxury branding. Margin Compression: Massive COE taxes heavily inflate retail costs without adding to factory profit margins.
      20Comment
      Report
    • MHhMHh
      ·05-12 19:10
      The COE is insane but demand for a car will continue to drive this up. Personally, I don’t have a real need for a car and cannot justify spending so much money to buy an asset that depreciates immediately upon purchase. I will stick to my MRT. If necessary, the ride hailing services in Singapore is also convenient and competitive and all in, is still cheaper than getting a car. Also, it is better to be driven around than to drive my own car. I think byd has pretty much saturated its market share in China and has to look at Southeast Asia market to increase its market share. Indonesia looks like a promising market and is big enough. Also, EVs is a mature market in China unlike many of the Southeast Asia markets where there is still untapped market. For a premium market of $300k, I think
      85Comment
      Report
    • Richer than yesterdayRicher than yesterday
      ·05-12 09:18
      COE proudly represent Singapore statistic of vehicle ownership, being one of the most expensive document to own in the world, this COE is not just to provide a car owning entitlement, but also to help push the singapore economy altogether. Is automobile maker feeling the pinch? Yes for the conventional maker, no for the new alternative maker. Young maker are getting more and more traction and respond from buyer of all level, which is an rare sight from 10 years ago, proving that people change to look at what they get from how much they paid, no more just rely on the branding alone. It will be a challenge to most automakers, but will be a cool breeze for buyers or potential buyers.
      53Comment
      Report
    • Emma ColeEmma Cole
      ·05-08
      Singapore’s COE hitting S$125k again tells you something important: demand for private mobility in Singapore remains structurally strong despite extreme pricing. But it also highlights why automakers like BYD are entering a much tougher phase — growth is no longer just about selling EVs; it is now about defending margins, brand positioning, and long-term market share. Singapore is actually a good microcosm of the global EV industry right now. BYD has executed exceptionally well in Singapore. It captured roughly 24% market share in Q1 2026 and became the dominant EV player locally, benefiting from EV incentives, aggressive pricing, and strong dealer execution. EVs now account for more than half of new car registrations in Singapore.  But the stock market is starting to look past pure deli
      3.06K2
      Report
    • koolgalkoolgal
      ·05-08
      🌟🌟🌟Is it finally time to surrender to the MRT or do we keep fighting for the freedom  of driving a car? In Singapore COE premiums hit a high of USD 124,790 in May.  That is not a typo error. The Case for the MRT:  With Keppel, Cantonment and Prince Edward Road Station, opening mid May 2026, the rail network is getting more extensive. The Case for the Car:  If you have a large family, the hidden cost of your time and sanity might still outweigh the staggering price tag. Personally I prefer to ride the MRT as it is easy on the pocket and avoids traffic jams. @Tiger_SG @Tiger_comments @TigerStars
      20.45K38
      Report
    • DacaiDacai
      ·05-08
      BYD has dethroned Toyota in the car market with its aggressive pricing, free servicing and vouchers. It is basically at the market share grabbing stage. Need to look at the profit margin which may take years to see the benefits.
      439Comment
      Report
    • ChrishustChrishust
      ·05-08
      1. Rather than purchasing a coe an alternative is to use car rental companies to rent a car. Car ownership and coe will increase in price over time 2.byd market share will continue to increase due to subsidies for production by China 3. No there is not a need for another car manuturer to compete with China for car production
      500Comment
      Report
    • fabiofabio
      ·05-08
      The best hedge against the high Coe prices is to own a classic car. Paying only 10% of the Coe, and owning a very nice car for a fraction of the price of a normal vehicle.
      261Comment
      Report
    • Star in the SkyStar in the Sky
      ·05-07
      No, I won't buy a car as for now. Not only because of the " super " high COE, but also the whole job market is very unstable.. Many companies are retrenching staff. Job security should be the number 1 thing we need to think about. Keep cash, at least 2 years of your current salary.
      515Comment
      Report
    • highhandhighhand
      ·05-07
      confirm exceed. money become smaller. later like Japanese banana notes soon. better buy stocks to hedge inflation first
      384Comment
      Report
    • ShyonShyon
      ·05-07
      Personally, with COE above S$125,000, I would still choose MRT over owning a car in Singapore. Paying over S$200k for a normal family car is becoming very hard to justify, even for dual-income households. I also think COE prices may stay structurally high due to limited supply and strong demand. From an investment angle, $Byd Company Limited(002594)$ appears to benefit the most. Singapore may be a small market, but it is an important branding showcase for Southeast Asia. BYD’s strong visibility here strengthens its regional expansion story beyond China. For $NIO Inc.(NIO)$ and $XPeng Inc.(XPEV)$ , I think the premium EV market in Singapore is very niche. At S
      1.69K4
      Report
    • Tiger_SGTiger_SG
      ·05-07

      Singapore COE Breaks S$125k: Will Chinese EV Be a Better Choice?

      The results for Singapore's first COE bidding round in May are out: Category A (Small/Mid-sized) hit S$124,790, and Category B (Large/Luxury) reached S$126,236. This marks five consecutive increases, with the COE price now easily exceeding the cost of a mid-range car itself. 🚗 What is the COE? The Certificate of Entitlement (COE) is a "quota license" required to drive on Singapore's roads. The total supply is controlled by the government, and licenses are auctioned every two weeks. For Category A, there were only 1,265 quotas available, but 2,410 bids were placed—a nearly 90% oversubscription that drove prices straight to S$125k. This piece of paper is valid for 10 years, after which its value drops to zero unless you renew or re-bid. Total Cost of Ownership: A Toyota Corolla Altis (approx
      4.70K26
      Report
      Singapore COE Breaks S$125k: Will Chinese EV Be a Better Choice?
    • shanechangshanechang
      ·13:05
      $NIO Inc. USD OV(NIO.SI)$  $XPeng Inc.(XPEV)$   Singapore’s Category A COE is nearing the $125,000 milestone after closing at $124,790 in the latest May 2026 bidding exercise. With the upcoming The Car Expo keeping automotive demand high, mass-market buyers are being heavily squeezed. This raises a major question for automotive stocks: are global automakers in Singapore for massive profit margins, or strictly for brand prestige? The Financial Disconnect: Prestige vs. Real Profits Prestige Play: Singapore serves as a premier showcase market for Southeast Asian luxury branding. Margin Compression: Massive COE taxes heavily inflate retail costs without adding to factory profit margins.
      20Comment
      Report
    • Success88Success88
      ·30 minutes ago
      COE keep raising. Only the rich now can drive the rest all have to take grab $Grab Holdings(GRAB)$ if needed
      1Comment
      Report
    • FlyingDuckFlyingDuck
      ·13:22
      300k+ for a Nio in the near future is unlikely to do well in Singapore. Lack of brand recognition for anyone to pay this premium
      80Comment
      Report
    • MHhMHh
      ·05-12 19:10
      The COE is insane but demand for a car will continue to drive this up. Personally, I don’t have a real need for a car and cannot justify spending so much money to buy an asset that depreciates immediately upon purchase. I will stick to my MRT. If necessary, the ride hailing services in Singapore is also convenient and competitive and all in, is still cheaper than getting a car. Also, it is better to be driven around than to drive my own car. I think byd has pretty much saturated its market share in China and has to look at Southeast Asia market to increase its market share. Indonesia looks like a promising market and is big enough. Also, EVs is a mature market in China unlike many of the Southeast Asia markets where there is still untapped market. For a premium market of $300k, I think
      85Comment
      Report
    • Richer than yesterdayRicher than yesterday
      ·05-12 09:18
      COE proudly represent Singapore statistic of vehicle ownership, being one of the most expensive document to own in the world, this COE is not just to provide a car owning entitlement, but also to help push the singapore economy altogether. Is automobile maker feeling the pinch? Yes for the conventional maker, no for the new alternative maker. Young maker are getting more and more traction and respond from buyer of all level, which is an rare sight from 10 years ago, proving that people change to look at what they get from how much they paid, no more just rely on the branding alone. It will be a challenge to most automakers, but will be a cool breeze for buyers or potential buyers.
      53Comment
      Report
    • Emma ColeEmma Cole
      ·05-08
      Singapore’s COE hitting S$125k again tells you something important: demand for private mobility in Singapore remains structurally strong despite extreme pricing. But it also highlights why automakers like BYD are entering a much tougher phase — growth is no longer just about selling EVs; it is now about defending margins, brand positioning, and long-term market share. Singapore is actually a good microcosm of the global EV industry right now. BYD has executed exceptionally well in Singapore. It captured roughly 24% market share in Q1 2026 and became the dominant EV player locally, benefiting from EV incentives, aggressive pricing, and strong dealer execution. EVs now account for more than half of new car registrations in Singapore.  But the stock market is starting to look past pure deli
      3.06K2
      Report
    • Tiger_SGTiger_SG
      ·05-07

      Singapore COE Breaks S$125k: Will Chinese EV Be a Better Choice?

      The results for Singapore's first COE bidding round in May are out: Category A (Small/Mid-sized) hit S$124,790, and Category B (Large/Luxury) reached S$126,236. This marks five consecutive increases, with the COE price now easily exceeding the cost of a mid-range car itself. 🚗 What is the COE? The Certificate of Entitlement (COE) is a "quota license" required to drive on Singapore's roads. The total supply is controlled by the government, and licenses are auctioned every two weeks. For Category A, there were only 1,265 quotas available, but 2,410 bids were placed—a nearly 90% oversubscription that drove prices straight to S$125k. This piece of paper is valid for 10 years, after which its value drops to zero unless you renew or re-bid. Total Cost of Ownership: A Toyota Corolla Altis (approx
      4.70K26
      Report
      Singapore COE Breaks S$125k: Will Chinese EV Be a Better Choice?
    • koolgalkoolgal
      ·05-08
      🌟🌟🌟Is it finally time to surrender to the MRT or do we keep fighting for the freedom  of driving a car? In Singapore COE premiums hit a high of USD 124,790 in May.  That is not a typo error. The Case for the MRT:  With Keppel, Cantonment and Prince Edward Road Station, opening mid May 2026, the rail network is getting more extensive. The Case for the Car:  If you have a large family, the hidden cost of your time and sanity might still outweigh the staggering price tag. Personally I prefer to ride the MRT as it is easy on the pocket and avoids traffic jams. @Tiger_SG @Tiger_comments @TigerStars
      20.45K38
      Report
    • ShyonShyon
      ·05-07
      Personally, with COE above S$125,000, I would still choose MRT over owning a car in Singapore. Paying over S$200k for a normal family car is becoming very hard to justify, even for dual-income households. I also think COE prices may stay structurally high due to limited supply and strong demand. From an investment angle, $Byd Company Limited(002594)$ appears to benefit the most. Singapore may be a small market, but it is an important branding showcase for Southeast Asia. BYD’s strong visibility here strengthens its regional expansion story beyond China. For $NIO Inc.(NIO)$ and $XPeng Inc.(XPEV)$ , I think the premium EV market in Singapore is very niche. At S
      1.69K4
      Report
    • DacaiDacai
      ·05-08
      BYD has dethroned Toyota in the car market with its aggressive pricing, free servicing and vouchers. It is basically at the market share grabbing stage. Need to look at the profit margin which may take years to see the benefits.
      439Comment
      Report
    • ChrishustChrishust
      ·05-08
      1. Rather than purchasing a coe an alternative is to use car rental companies to rent a car. Car ownership and coe will increase in price over time 2.byd market share will continue to increase due to subsidies for production by China 3. No there is not a need for another car manuturer to compete with China for car production
      500Comment
      Report
    • fabiofabio
      ·05-08
      The best hedge against the high Coe prices is to own a classic car. Paying only 10% of the Coe, and owning a very nice car for a fraction of the price of a normal vehicle.
      261Comment
      Report
    • Star in the SkyStar in the Sky
      ·05-07
      No, I won't buy a car as for now. Not only because of the " super " high COE, but also the whole job market is very unstable.. Many companies are retrenching staff. Job security should be the number 1 thing we need to think about. Keep cash, at least 2 years of your current salary.
      515Comment
      Report
    • highhandhighhand
      ·05-07
      confirm exceed. money become smaller. later like Japanese banana notes soon. better buy stocks to hedge inflation first
      384Comment
      Report