Saturday, April 21, 2012

Singapore Hottest Topic



1. COE price
COE for cars above 1600cc crosses 90k this week, it was probably somewhere near 15k in 2007.
2007
2012
2. Property Price.
A HDB flat cost 200k in 2002 may fetch a price of 400k today.

If my memory serve me correct, it was the year 1996/97 and i was an undergraduate sitting at the Hall of residence 10's lounge browsing through the sunday newspaper, eager to know how much it takes to own a car and a house back then, it was a awakening for me then and awakening for me no. The cost was quite similar to what it is right now. Its amazing that Asian Financial crisis has gone and forgotten and wow... we are  at the top again.(Depends on what 'Top' are you referring to).
Millions Billions dollar question: Is this the beginning or the end?
Other Blogs or Sites on COEs:
1. Lion Dens.
2. Littlespeck