SINGAPORE - Measures will be taken when needed to reduce frictions and deter speculation in the certificate of entitlement market so that supply better matches demand, said Transport Minister S. Iswaran.
Referring to how motorcycle COE premiums have corrected, Mr Iswaran said this shows that the market is working as intended. But he warned that it was still too premature to predict any trend in COE premiums and said prices may still fluctuate. “I think there are some fundamental differences in the way the different categories function,” he said.
Previously, they had to travel to MacPherson every two months to collect food rations from a food bank, and had no choice in selecting the items they want. The minimart is open from 10am to 8pm on weekdays and 9.30am to 1pm on Saturdays.