Car ownership in Singapore has never felt more out of reach — with COE prices soaring past six figures, often eclipsing the cost of the car itself. 

The latest bidding round in July saw yet another spike, raising fresh questions: is this simply the cost of a land-scarce nation, or is it time to rethink the COE system altogether?

But, would an overhaul of the COE system create more problems than it solves?

On The Hot Seat, Hongbin Jeong speaks with Say Kwee Neng, Managing Partner, ONE Strategic Consulting LLC and Terence Fan, Assistant Professor Strategy & Entrepreneurship, Lee Kong Chian School of Business, SMU, to find out more.

Car ownership in Singapore has never felt more out of reach &mdash; with COE prices soaring past six figures, often eclipsing the cost of the car itself.&nbsp;
The latest bidding round in July saw yet another spike, raising fresh questions: is this simply the cost of a land-scarce nation, or is it time to rethink the COE system altogether?
But, would an overhaul of the COE system create more problems than it solves?
On The Hot Seat, Hongbin Jeong speaks with Say Kwee Neng, Managing Partner, ONE Strategic Consulting LLC and Terence Fan, Assistant Professor Strategy &amp; Entrepreneurship, Lee Kong Chian School of Business, SMU, to find out more.

Your Way Home with Hongbin Jeong is your 4–8pm drive companion,

Your Way Home with Hongbin Jeong is your 4–8pm drive companion, guiding you through the day’s biggest headlines, trending conversations and the issues shaping Singapore and the world.

From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what’s happening — with clarity, context and a touch of personality.

Whether you’re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected — all the way home.

And she closes the day with a song that says it all.

Your Way Home with Hongbin Jeong is your 4&ndash;8pm drive companion, guiding you through the day&rsquo;s biggest headlines, trending conversations and the issues shaping Singapore and the world.
From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what&rsquo;s happening &mdash; with clarity, context and a touch of personality.
Whether you&rsquo;re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected &mdash; all the way home.
And she closes the day with a song that says it all.