Certificate of Entitlement (COE) Valuable in Singapore is now $106,000
A new record high of S$146,002 ($106,619; £87,684) has been set in Singapore for the price of a certificate authorizing the purchase of a large family vehicle. As a congestion-control strategy, the city-state implemented the 10-year certificate of entitlement (COE) system in 1990. In Singapore, prospective car owners must get a COE before they may…