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The Big Story: COE prices fall across the board. Could car buyers finally get a break?

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COE premiums have fallen across the board in the latest bidding exercise, but Category A is still at $131,890, just below its record high earlier this month.

With changes to EV incentives and emissions-related charges on the horizon, and the COE categorization system under review, what could these developments mean for car buyers in Singapore?

On The Big Story, Hongbin Jeong speaks with Terence Fan, Assistant Professor, Strategic Management & Entrepreneurship, Singapore Management University, to find out what is driving COE prices, whether the market could see further changes, and what it might take to make car ownership more affordable.

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