The certificate of entitlement market has not crashed despite this not being a usual cycle, given the three-month suspension on COE bidding during the Covid-19 pandemic, said Transport Minister Khaw Boon Wan yesterday.
Bids for COEs saw a significant spike in the motorcycle category - from $4,489 to $7,702 - despite a 50 per cent increase in quota. Mr Khaw expects the spike in motorcycle COE bids to"peter out", noting that the $7,702 bid was below the historical high of $8,451 in February 2018.
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो: