Petrol Down to 1.84, COE Also Down...

I was at the petrol station and was glad that S$50 could fill up about 27.xx litres of my tank today. The rate was about S$1.84x for Shell 95 today.

But, I cannot believe my eyes what I read this morning on the online news. Although I am not thinking of selling or buying any new car for the time being, I cannot help feeling envious of the recent COE price that is terribly low. I like to monitor the prices every now and then, just to know my emotions are still running on high...hahaha

Channel NewsAsia - Thursday, October 23

SINGAPORE: COE prices for vehicles fell sharply across the board in the latest bidding exercise.

The Certificate of Entitlement (COE) for big cars (over 1,600cc) saw the biggest fall. It tumbled S$6,811 to S$7,589, its lowest level since February 2007. *I've not seen it gone down this low!*

Open Category COEs, which are used mainly for cars, dived S$3,057 to S$12,001.

For small cars of 1,600cc and below, the COE price fell S$2,812 to S$10,989. *this one really make me sooo envious! Mine was in the range of S$25k - $28k! *&!$%#@*!#@%* okay okay that one is grandfather story.. but cannot help feeling envious.

Meanwhile, the premium for commercial vehicles dropped S$4,396 to S$11,503.

For motorcycles, the new COE price is S$1,609 — down S$280 from the previous tender exercise.