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?
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I have studied abroad as well 10 years ago and what I value today most about that experience are the friends I made and learning about living & thinking independently. Don’t stress out about your studies but try to enjoy it and socialise as much as possible.
Not likely that you can do such a thing after you graduated…
Irony is that the forum was about high COE prices.. and all the comments are about universities.