"The changes announced by the authorities are disappointing - TopicsExpress

"The changes announced by the authorities are disappointing because although it may seem that the ministry is cooling the COE prices for the general public, the main reason for the changes is apparently to encourage the sale of non-luxury cars such as Toyota and Honda. However, it is not a bad reason to introduce the changes to the COE system, after all if the mass market dealers can’t sustain their businesses, they will close shop and Singapore will lose such car dealers who offer vehicles for the masses."

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