The latest COE Bidding Results are out. With the exception of the motorcycle category, all other categories recorded their highest prices in recent years.
To buy a small car, you now have to pay $28,389 for that “Certificate of Entitlement”. (I heard an NUS degree costs less. 🙂 )
Car dealers have also promptly adjusted their car prices upwards, some by more than $10k.
Previously, I said one should make at least $7,650 in order to prudently own a car. Maybe now it should be even more.
If you are a car owner, do you (and your spouse) make more than $7,650/mth?
168 Comments
dave, no offense taken. there are of course unstated motivations for our ministers to send their children overseas. none of them want to look bad by having their children perform worse than other singaporeans. they would prefer them to perform worse than a bunch of foreigners.
our local universities are meant to satisfy the economic and social need for 30% of each cohort to obtain tertiary education. in doing so of course some ‘duds’ will be produced. but this is the same for most universities around the world. this does not mean that top talents are not attracted and top graduates are not produced.
you’re supposed to discuss COE prices, not your fckn education. if you people cant even understand that it doesnt matter whether you’re from oxford or nus or unsw – you are obviously fricking stupid.
what the heck: yes exactly. that was what i have been trying to “educate” local and amusing but i guess they are just too stubborn to take in other opinions and just insist in their own points. but i must applaud local’s stamina in this thread. LOL. The never say die attitude even though it is no longer within the point of discussion.
That was what i was trying to tell them earlier. No matter what uni you come from if you can’t stick to the topic of the initial discussion then you are a fcking disgrace as a graduate.
oh yar it doesn’t matter. some of us spend hundreds of thousands in getting into university and it doesn’t matter. 4 years of our lives working for that degree. and it doesn’t matter. what a joke.
of course it matters. it clearly matters in getting that first job. it probably affects your prospects in the first few years of working life. you always see that it is those aussie grads like Oh Pls who argue that it doesn’t matter. when you come from a bottom of the pile school obviously you hope it is true. LOL.
it’s painfully obvious NO scholars choose to go to aussie universities. u don’t need our ministers to come out to say our aussie cohort are rejects and quitters (even though they have). ask any auntie, uncle and they will tell you they will never consider sending their children to aussie unis.
and how many singaporeans who go over to aussie unis have emerged to become top in singapore society? truly pathetic. and you have Oh Pls there saying how he earns more than most local grads. in his own fantasy world maybe. show some proper arguments as the local grads here have rather than unleashing your crap here.
oh pls everyone in singapore knows aussie degrees are trash. the thousands of singaporeans who flock there yearly are all ite, poly or those with appallingly bad alvl results. don’t try associate yourselves with us and uk grads u bunch of fkn losers.
To “aussie degress are trash”: Wah…so insecure man. Are you alright? I dunno why you are saying Aussie degrees are trash, because I know of MIT masters who go there to do PhD….. Mah Bow Tan has a degree from Australia, and he earns millions a year…if that’s losing…I don’t mind losing ya…..
Oh and yeah I should go work for Macquarie Bank…a loser investment bank in a loser country who’s suffered the least during the recent economic crisis…..
Oh Pls i’ve been more than patient but i must say my patience is wearing thin. u can continue to make your snide remarks about ‘educating’ local grads. it just shows how gracious you are.
all u are doing is creating a backlash. this site is capable of being quoted in the mainstream media. honestly, i believe that local grads would not be the ones losing out to aussie grads like u. in terms of people in high places, we have more than a few. in terms of sheer numbers, we have more than enough to make things happen.
oh yar: i have already made my point by giving real life examples earlier so i dont think i have to reiterate all over again to a new comer like yourself in this thread. If you refuse to accept the reality that there are also quite a number of aussie grads earning more than local grads than it is obviously that you are the one living in your own fantasy world.
aussie degrees are trash: LOL. i think you are the worst lot. using vulgarities in your msg just show how “educated” you are. haha! i guess none of us will need to bother about your bullshit.
local: seriously, i really cannot understand why a local and self-proclaimed better/smarter grad like yourself fail to understand and stick to the point of discussion. Did i ever say that all local grads are losing out to an aussie grad like me? Let me reiterate one last time to you since you have been so patient. All i was saying is local doesnt mean smarter and better and it has already been proven in real life. If local is really smarter and better than why is it not ALL local grads earning more and doing better than ALL aussie grads? Thats my point, get it? Of course if you say the tendancy of local grads doing better in work is higher than aussie grads in SG then i might agree with you. But i guess you are just too stubborn to accept the reality of life.
I must say it’s sad but true that locals with Aussie degrees are rubbish. Talk to them and they can’t string proper sentences together. Their academic records are the worst. Some got their degrees after O levels… And their O level results were completely disastrous to boot. There is really no QC at all. And work wise they are the worst performers all the time.
local: oh yah..and i noticed that you have been repeating about quoting this in the mainstream media. If you are really so free to do that then pls go ahead. Its not that we are afraid but I think none of us here would bother to do such a silly thing like this. By the way, we are not at all afraid or threatened by this if this is what you are thinking and hoping. 🙂 Personally, i just think this is a dumb and stupid thing to do. I rather be spending my time in monitoring my stocks or spending time with my family. Are you still single? I think thats why you have all the time in the world? LOL
aussie grads are rubbish: Well i guess it depends on what level you are at. I guess the aussie grads thta you have worked with are probably at the lowest level together with yourself. 🙂
singapore and aussie grads KPKB in a forum meant to discuss COE prices.
Think China grads are smarter than this
china grads don’t visit this site.
they do but won’t comment out of point
quiet lah loser aussie grad. can’t make it anywhere else come here kpkb.
wondering why gahmen need so many foreign workers. got all these stupid aussie grads to clean tables and clear rubbish what! oh pls fits nicely! 😀
Oh Pls what level are you talking about. All local Aussie grads are low level. Like you!
i guess i dont have to debate/defend any further. msgs 117 and 118 have already shown clearly to everyone that the standard of local grads here are…erm..LOL…they even used the words KPKB and quiet LAH…LOL
messages 117 and 118 are exactly how people (or should i say losers) will react when they have nothing more to say or to support their arguments. 🙂
Oh Pls: the pot calling the kettle black. we all can see the words you have used, and can see the ‘standard’ of aussie grads like yourself.
furthermore i don’t see any indication that posters of 117 & 118 are local grads. in your prejudice you assumed that they were.
Oh Pls: the pot calling the kettle black. we all can see the words you have used, and can see the standard of aussie grads like yourself.
furthermore i don’t see any indication that posters of 117 & 118 are local grads. in your prejudice you assumed that they were.
Local: yes I assumed those 2 jokers are local grads and I guess its pretty obvious that they are. Oh well whatever. Like I said earlier, I guess there is no need to debate further since you can’t even catch the main point. 🙂
Oh Pls: glad to see u admit your mistake for once. “pretty obvious that they are” again points out your prejudice.
u’ve never said anything of substance for me to debate on anyway. i’ve listed president and psc scholars who enter local unis. i’ve listed ministers and judges who graduated from local unis. i’ve proven that local unis are good. what have u provided except to say that u earn more than local grads? i don’t even want to point out all the other bigoted comments u made above.
in your limited capacity for understanding all you can say to other posters here is that they can’t catch the point. i think only you are getting your own point. you are a disgrace to all aussie grads.
local: i have the exact same sentiments on you as well. Well at least i have the guts to admit my own mistake for once. You? must be still thinking that you are the right one all along. So typical. 🙂
I think what one poster pointed out above is informative: http://www.pscscholarships.gov.sg/SCHOLARS_SPEAK/SCHOLARS.htm
You can’t really say that australian universities are the “scholars’ choice”, can you?
And i don’t mean to be cynical, but you can only deal with what you have. University education is not some magical wand which you can wave and make a frog a prince.
It’s incontrovertible that australian universities takes in the worst of the singaporean cohort in the past decade. one must be really hopeful to think they will produce any singaporean of mention out of this lot.
ohpls: nobody takes your ‘sentiments’ into account 😀 an outsider can judge whether i’ve been right all along. u’ve not said anything to prove me wrong.
i said that our local universities are good.
i’ve proven it by showing objective proof of a list of president and psc scholars who’ve gone to our local universities.
i’ve proven it by showing objective proof that local universities have produced ministers & judges, top doctors & lawyers.
what have you shown to the contrary? nothing, except to claim that u earn more than some local grads, in addition to some bigoted comments.
don’t tell me what is and is not the point because this is my point and nobody here has to conform to yours.
local: haha. dont you realise what you have said to me actually applies to you as well? 🙂 THe more you say, the more you are shooting at your own leg too. PLs carry on and make my day. This is truely entertaining.
oh pls i cannot stop laughing from your last post. what a complete cop out! hahaha! i see you can’t think anything more to say against the points that i’ve made. not that u were able to in the first place.
well, i’ve had my fun exposing the bigoted idiot that you are. u can go on trying to salvage something out of your utter disgrace to aussie grads. good day! 😀
My logic is that if you take a university who takes in better A level grads or higher SAT scores, the academic outcome will be superior than one who did not. While I know a lot of reputable universities probably have stringent intake requirements (like at least a 1450 in SAT), there will be other universities with less stringent intakes even though they are supposedly reputable. Hence, I must think local university especially those faculties with stringent entry requirements like medicine, law, accounting, etc., must produce good academic quality graduates.
QuitWhining: Calling “Kevin” various names does not add much to the discussion. There is also at least another Kevin I am aware of who’s posting comments.
admin: so now are you going to censor the profanity that I see in #102?
Seriously, you should let it be. The only problem we can tell now from truly open democracy is that it is hard to separate the good quality discussions from the bad but this is something we got to learn.
local: Pls carry on with your own assumptions and wild imaginations to make yourself feel better and look more superior. Yup, you managed to exposed me and nobody here managed to find any flaws with what you have said! Lol. Another typical trait of a local grad stuck in his own fantasy world. 🙂 Continue posting please. I will be waiting for your next post and thanks for the entertainment!
Local & Oh Pls: Can you guys stop? I think the both of you are a disgrace to all grads, whether local or not. You guys are correct in your own points but you are just not gracious enough to accept the reality from the other perspective. All the non-grads here must be laughing at how childish you guys are.
I’m bullish about COE prices.
! Think I’m lucky that I bought both cars last year =)
And just to sidetrack:
Using sheer common sense, one can easily decipher that:
No matter which secondary school or JC you went to,
No matter how well you did for your A’ Levels,
No matter which university you went to or whichever class of honours you graduated with,
No Big Brother’s going to peg your piece of paper to how much you earn.
its a never-ending race. It’s your IR8A that counts at the end of the day.
Bingo John. No clue why these folks have been arguing so much about which uni/grad is better blahblahblah. President scholar so what??? Ivy League so what??? Show me the money!
haha, if u think AU degrees are trash, feel so sorry for u losers.
An Australian (educated in australia all his/her life) and come to SG to work, makes him/ her — AN EXPAT!
earning how many folds more than a local grad!
So if a S’porean gets into a good AU Uni, how can u classify them as trash?
At least if they want to migrate to AU, very recognised cert!
Well, many poly, ITE holders go to UK too, so many Uni in UK that provides a year’s course to get a degree for diploma holders.
U guys must know one thing:
Even if u win a rat race, u still are a Rat.
Its not about the univs, its about the individual. Singapore is a small place with small population. Cant produce the same number of talented people as Aus or India.
I have attened NUS and univs in Europe too. As far as facilities, infrastructure go, I think NUS is as good as any univ abroad. However, if students are not good enough , then what can u do. No wonder Singapore has to import smart students from India n China.
But ya Singaporeans do hype their rankign in Research etc. I think anyday many univs in Korea Japan will be better. But Singaporeans are good at marketing and so outsiders think good of their univs, etc.
Local degree
Cost = low
Value = worthless
Even the government knows it.
And hello, its a well known fact to anyone at all who’s ever been through the system as one of the top few, (not one of those who were cursed to a local degree right at the start and applied and ended up in NTU business or some $hit ass place after RJC arts and think they’re part of the elite)..practically every single person in NUS med and law are people who applied to PSC (meaning OMS that standard) and did not even get a dignity of a rejection response.
This is such a common knowledge even the low rung scholars eg DSTA, SPH, IRAS, HDB, Astar, SIA know. Stop pretending to be a part of it when you clearly know nothing. Malu.
I love it whenever the local peasants or anyone of the same ilk (normally their fellow frogs in the well) bring in funny things like money. I assure you that 90% of the President’s Scholars are making more money than 90% of the people from wherever you ended up, be it dump #1 NUS (by odds would be arts, real estate or wth arts hahaha, #2 NTU engine i won’t wish them on my enemies or dump #3 SMU anything).
If you can’t understand this because you’re so stupid you can’t understand basic statistics and bell curve, you truly deserved to have suffered a local university, which I’m glad you did. How just.
I do agree with you that the quality of enrolment has a big influence on what’s put out (further proof of why local universities produced NO Nobel laureate).
That’s what we’ve been trying hard to help you understand. local universities take in rubbish. Perhaps your local education stunted your brain, causing you to fail to understand simple words.
As is said before, scarcely no one in NUS’s most selective departments would get a place in Oxbridge.
Second, like someone said before, there is no top university in SG, because SG only has three miserable public universities all meant to serve the public. Unlike the US with over 5000 universities, there is no top universities here, because all three are meant to absorb the university-going masses. In the states, when the top 20 or 40 universities like the Ivy League and Berkeley and Stanford are creamed off, there’re still 4960 universities to take in the rest. This is why there are top universities in the US. This is why the top students, not just from Singapore but from Zimbabwe, Malaysia, Malawi and Hong Kong apply for a place in MIT, Stanford and Harvard. That is why when Harvard says its a top university, no one laughs.
Yearly the universities here take in how many? 13000? 14000? 15000? Last i read in ST, its about 14,000 or so. This number seems even larger than the total number of people who take the A levels! Discerning? My foot.
The fact that some local law grads here admitted (actually it was their failed attempt to boast) that just a tiny minority top few of their cohort make it to Oxbridge LLM is proof and please lah, even a cactus knows that master’s is 100 times easier to get than undergrad school of the same school. And they have no idea they’ve unwittingly agreed with the rest here when they said those schoolmates of theirs who head to UCL or LSE for their LLM need to and do so for the exposure to foreign jurisdiction. What have they gotten themselves into?
Law Soc president is “nothing” and what matters is CJ? I bet the Law Soc president makes much much much more than the CJ but that’s just me. And who doesn’t know that both you won’t be able to pull out your AG and SG to claim that they’re pure local grads. Didn’t Walter Woon do his LLM in the US? As for the SG, she was a PSC scholar who attended UCL before she decided to do law lor.
I don’t know whether local grads have problems understanding simple stuff or what. Every new post made by them, such as yours, seem to reinforce it to us. More and more and more so.
You’re yet another proof that I should throw the CV of local grads on my desk away.
The Australian grads are definitely more well-spoken and show superior sophistication of thought processes and exposure to what’s going on in the world.
To Kevin: Wanted to leave this post alone but man..you take the cake when it comes to delusion.
People refer to the LLB when talking about Oxbridge, not the LLM. No one takes an LLM usually btw, and even if they do, it isn’t in LSE or UCL. Get a clue.
The NUS law faculty takes in 200 a year. Not your stupid conflation of numbers with no meaning. And yes, the Law Soc president is nothing compared to the CJ in terms of prestige (and earning power). And quoting the SG is gd, till you realise that most of the bench is from NUS. Let me point you in the right direction since you seem to think earning power defines a grad, go do some research on the managing partners at our local (or foreign if you like) firms and see where they are from. I can’t think of any from Aussie, but maybe you could find one for me.
Oh and btw, must be nice to know you spend a mint of money on an Aussie degree and came back with a lower earning power than the arts grads eh? That’s what happens when you have low entry requirements and no recognition.
Lower earning power than the arts grads? Haha is that why your big law firms and hospitals are hiring Australian grads by the droves?
NUS law is not so bad as the rest of NUS, but I find it funny NUS students dare to criticise Australian universities..who but deluded local grads don’t know that it’s Aussie universities that hold the highest number of championship for the Jessup Law Moot beating NUS flat. Not only that, the last time NUS even won was back in 2001, which was like what, a zillion years ago when it still goes around boasting to outsiders that it is a “big winner”. I just heard someone from NUS arts saying she heard so from her friends in school aiyo.
Not only did ANU win this year in the latest, Australia holds the largest number of title winners THIS DECADE (most relevant). Sydney in 07, Queensland in 05, UWA in 03 and Melbourne Uni in 2000!
http://en.wikipedia.org/wiki/Philip_C._Jessup_International_Law_Moot_Court_Competition#Past_winners_.28international_rounds.29
I also know for a fact that in a lot of these major competitions, NUS sends a sizeable number of British graduates who are only in NUS to do their one year DipSing LOL. (British, Irish and Australian law grads are required to do a one year diploma). For those not in the know, http://www.ukslss.net/dipsing.php
cannot name names here or it will reveal my identity but hey hey, some of it is online for all to see. http://law.nus.edu.sg/news/archive/2004/newsMaritimeRslt.htm
“The NUS team consisted of Colin Chow, Victoria Xue, Tan Mingfen, Sue Ann Gan and Michelle Quah. Colin is a Third Year LLB student and Mingfen and Victoria are Final Year LLB Students. Michelle and Sue Ann are students in the one-year Diploma in Singapore Law programme.”
Lol wow your law school of 200 is so “good” that it can’t even produce enough people to represent itself in competitions. There aren’t even 10 Singaporeans to Leicester law school a year la. And the best Orator has to be won by a Leicester grad, Sue Ann Gan?
The DipSing has since been scrapped http://www.singaporelawreview.org/2009/09/2009-amendments-to-the-legal-profession-act/ to persuade the Aussie and UK grads to come home because many weren’t coming back to SG. If you were so sufficient why would they be so desperate? lol
I dont understand whats so hard for your thick skull to understand. The ex CJ Yong Pung How and Chao Hick Tin who is Judge of Appeal, i hope you know which court is higher are also UK grads.
You may like to know that many Australian grads are bosses to and making hiring decisions for local grads who work for them. Doesn’t that stink? To have your fate decided by and report to people allegedly earning “less” than “local arts grads” when NUS arts is a well known “dumping ground”?
NUS law is not so bad as the rest of NUS, but I find it funny NUS students dare to criticise Australian universities when it’s Aussie universities that hold the highest number of championship for the Jessup Law Moot beating NUS. Not only that, the last time NUS even won was back in 2001, which was like what, a zillion years ago when it still goes around boasting to outsiders that it is a “big winner”.
I just heard someone from NUS arts saying she heard so from her friends in school.
Not only did ANU win this year in the latest, Australia holds the largest number of title winners THIS DECADE (most relevant). Sydney in 07, Queensland in 05, UWA in 03 and Melbourne Uni in 2000!
http://en.wikipedia.org/wiki/Philip_C._Jessup_International_Law_Moot_Court_Competition#Past_winners_.28international_rounds.29
I also know for a fact that in a lot of these major competitions, NUS sends a sizeable number of British graduates who are only in NUS to do their one year DipSing. (British, Irish and Australian law grads are required to do a one year diploma, which is conducted at NUS, take this as one of those conversation programmes you do when you convert an overseas driving license). For those not in the know, http://www.ukslss.net/dipsing.php
cannot name names here or it will reveal my identity but hey hey, some of it is online for all to see. http://law.nus.edu.sg/news/archive/2004/newsMaritimeRslt.htm
“The NUS team consisted of Colin Chow, Victoria Xue, Tan Mingfen, Sue Ann Gan and Michelle Quah. Colin is a Third Year LLB student and Mingfen and Victoria are Final Year LLB Students. Michelle and Sue Ann are students in the one-year Diploma in Singapore Law programme.”
The DipSing has since been scrapped http://www.singaporelawreview.org/2009/09/2009-amendments-to-the-legal-profession-act/ to persuade the Aussie and UK grads to come home because many weren’t coming back to SG, and why bother, when they can earn much more.
Isn’t most of the “bench” reporting to her? Sure you can claim that in your perception Law Soc president is not close to CJ in terms of prestige. It’s really a shame that the CJ that the general population have etched in their minds is a Cambridge graduate who helped start GIC, by name of Yong Pung How who succeeded Wee Chong Jin, another Cambridge grad.
CJ Yong married a LSE graduate, and his daughter became an Overseas Merit Scholar who went to Oxbridge and is today a perm sec.
in the long run, i guess its the talented people who do well. i have done my postgrad in NUS as a foreigner but i come from the best univ in india. and i am in the tech field.
i can say that NUS undergrad quality is not comparable to India’s top undergrads. however, there are a handful of students who are good. and i am sure they do well. in general, the population is so so.
singaporeans who get scholarships abroad are good and they do well. however, there are many singaporeans who study abroad using their money (not brains) and no American, Aus univ can save them. Yes, they can find a good job abroad, live well, drive cars, but big success, no.
if NUS, NTU are churning out geniusees, are Singaporeans who attend British or Aus univs becoming geniuses . No ?? Simply bcus they are not good enough.
And ya, Money is not the only metric of brilliance. A banker in SG can earn more than a prof of economics in Harvard or MIT.
I personally believe that an Intelligent Singaporean NUS undergrad can do better than an not so smart Singaporeans who attends an Aussie univ.
These things cannot be generalized. Its a combination of factors – individual + external factors which determine the overall success.
To Kevin: Just to show people here what a retard you are, please go to http://en.wikipedia.org/wiki/Philip_C._Jessup_International_Law_Moot_Court_Competition.
The question now is, can you read?
The bench reports to her? LOL. Please google what bench means, ok?
Last I checked, my dear aussie man, Cambridge wasn’t in Australia. Stop conflating your arguments please. One thing at one time will work for someone like you, if you try hard enough. And you quote our ex CJ arh, then our latest CJ leh, is he from Australia?
Come on guys, different people have different expectations. Some of you are comparing academic success based on uni/faculty/grades while the rest are comparing overall success based on monetary gain. There is no right or wrong but just a difference in perspective. So can you guys stop arguing? None of you are totally wrong/correct.
I went to Berkeley, and I have seen some people going to state schools doing better than those who don’t and vice versa. Unless you are going to the big investment banks or consulting outfits, in the long run it does not matter which school you go to. Working life as you know it is not about just showing your qualification paper and expecting people to kow tow. A lot of other things such as office politics, cunning, ability to kiss ass and ruthlessness are often better predictors on how well you do in the workplace, and I am not ashamed to say that I have some of those “skills” as well. I am of course not talking about occupations like surgeon where you either know how to cut or not, but occupations like business, law and many others are not so black and white.
i always hear comments from indians who came to Singapore from India (just like applBy) that the quality of our grads here are not as good as the quality of grads in India. Firstly, i dont think its an apple to apple comparison. The population in India is so much larger so of course there would definitely be a larger number of talented people in India. Secondly, i dont think we are inferior if we compare the best in SG against the best in India. Thirdly, i am rather sick of hearing such comments. If these Indians feel so proud of their own country/grads, why dont they just go back to their own country and work there? If they want to work here then i think it is wiser for them to keep their mouth shut. If you are in need of a shelter somewhere and someone offers you a shelter that is inferior to what you had, will you start criticizing or appreciate the offer?
To Haha: You mentioned yourself that “The population in India is so much larger so of course there would definitely be a larger number of talented people in India.” and that’s obviously very accurate, but then you went on and say that the best in Singapore compares with the best in India. Really? First of all, I am not Indian, I am Indonesian Chinese, but in my experience, Indians really kick ass. Now my points below are really about the business world since most people here are only concerned about material success.
There are my world class companies in the world headed (or once headed) by people from India like Pepsi, McKinsey, Bain & Co, Citigroup etc. People like Mittal started from zero and managed to create a gigantic company that spans the world (10 percent of the world’s steel output is nothing to sneeze at), not to mention the countless Silicon Valley companies.
Mittal and Nooyi didn’t even graduate from the very top schools in India.
For the life of me though, I can’t even name one Singaporean who’s made it extremely big outside of Singapore and for that matter an Indonesian and for that matter any Chinese. They are all really just “jago kampong” (great at home only assisted by the numerous government support).
I didn’t sleep with Jack Neo: What you said is true but only to a certain extent. Time plays a very important part in such comparison. As you know, Singapore is still a relatively “young” country as compared to others like India and US and we have evolved at a much greater pace than the rest since we got our independence. I am not sure how “old” India is but if you want to compare about global success/achievements, i think we should compare on an equal time basis. For example, it is fair to compare whether a baby or an adult run faster?