Singapore's COE, 'We First' Society, and the 'One Small Umbrella' Metaphor

[HPP] Lawrence WongAugust 20, 20254 min

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Singapore's High COE Prices

📈 The Certificate of Entitlement (COE) for cars above 1,600 cc has notably risen to over $124,000.
📊 The Transport Ministry attributes these high prices to supply and demand, stating there is no distortion in the numbers.
💰 This situation effectively means that only individuals with deep pockets can afford car ownership in Singapore.

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What’s Discussed

Certificate of Entitlement (COE)Car ownershipSupply and demand economicsPM Wong's philosophyWe first societySocietal inclusivityCare for seniorsMedical appointmentsCaregiversPublic transport systemGovernment policyTaiwanese songMetaphorical umbrellas

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