COE supply to raise after 7-yr slide -ST 8.4.14

(07-05-2014, 07:38 PM)Curiousparty Wrote: As the famous saying goes, those who had bought their COE cheap will get it cheap again.
Those who bought at top of COE cycle will get it at top of cycle again...

provided the PAP Govt dont tweak the supply to maintain high COE prices.

(07-05-2014, 09:49 PM)opmi Wrote:

(07-05-2014, 07:38 PM)Curiousparty Wrote: As the famous saying goes, those who had bought their COE cheap will get it cheap again.
Those who bought at top of COE cycle will get it at top of cycle again...

provided the PAP Govt dont tweak the supply to maintain high COE prices.

After next GE, the bull will charge back.

The traffic on the road nowadays is crazy.
I no longer drive during peak hours or go into the CBD if I could.
Usually walk or cycle.

The COE is expensive now but that's besides the point.
Point is that driving and parking is becoming a nightmare.
Same goes for public transport.

To save the hassle of getting caught in the rush hour.
Best to live near your place of work.

(08-05-2014, 12:34 AM)Big Toe Wrote: Best to live near your place of work.

Exactly why Gov is creating Commercial/Industrial/Regional Hub all over SGP.
Where are you working now?
Where are you going to buy your new home?
1. Woodland Regional Centre (North Coast Innovation Corridor)
2. Jurong Lake District
3. Seletar Regional Centre
4. Kampong Bugis
5. Marina South
6. Tampines Regional Centre
7. Paya Lebar Central
8. Punggol Learning Corridor and Creative Cluster

or stay-put?

Love Compassion

Singapore is always described as a 'small' place. Yet it takes an hour to travel from Tampines to Jurong by MRT.

This does not include the 'last mile' to get to your final destination.
By this measure, I disagree that Singapore is 'small'. It is larger, and requires even more train lines.

As for living near the workplace, employment trends are pointing towards contract work. Also, it is unlikely that one company will be your one and only employer for the next 30 years, or even 10 years.
Would we be moving homes every 10 to 15 years to match work location or hope to find an employer within the township? Too many variables.

The priority of buying a home to live in may be price, proximity to family and lifestyle choice. Ultimately, matching jobs to skill is the criteria.

Owning a car in Singapore is a luxury, similar to having a swimming pool in your backyard in other countries. People own one to indicate that they have arrived... it is directly associated with being monied.

Possible a drop in coe until 2016? Thereafter the rise continue with targeted 6.9 population.

(08-05-2014, 10:16 AM)Freenasi Wrote: Possible a drop in coe until 2016? Thereafter the rise continue with targeted 6.9 population.

Definitely! It's the time to sweeten the ground. 2015/16 will be even better.

(08-05-2014, 10:47 AM)Temperament Wrote:

(08-05-2014, 10:16 AM)Freenasi Wrote: Possible a drop in coe until 2016? Thereafter the rise continue with targeted 6.9 population.

Definitely! It's the time to sweeten the ground. 2015/16 will be even better.

Yes, I see and hear cries from the ground (i.e. Vandalism on top of HDB at TPY) More goodies bag to come. They will be stuffed right to you, whether you accept it or not :p

Anyone who have a craving to own a car should hire one first, for at least 7 days

Drive it to places where you are most likely to go or even thought of going:

Likely places:

work
market
favourite makan places
favourite hang outs
girl/boy friend's home/work place
hospital to visit people
Kid's school/tuition
pet shop/grooming
cinema/shopping/jalan-jalan
car workshop/service centre
airport



'Want to go' places:

beach
zoo
resevoirs
Johore/KL/Penang/Nature parks

And in each of these places, experience:
the route
the parking ( multi story parking, open air parking, basement parking.)
the charges

and please drive during peak, off peak,rain and no rain, weekends & public holidays.


Never mind the price of the car, with or without COE, more COE or less COE.

Compare the experience with train/bus/taxi

Then, ask yourself:

1. Was it a pleasant experience?
2. Was it faster than taxi/train/bus?
3. Was there any worry about the car?
4. Could I repeat this again & again for 3 years?

If the craving is not diminished, then, give in to it.

Revisit the questions again after 1, 2 and 3 years.
The answers may be very different.

And add 4 more questions:

1. How has the quality of my life improved?
2. Do I have more or less time?
3. Am I a calmer & relaxed person?
4. My income has increased/decreased because of owning the car.

To me, to find honest workshops is quite a difficult thing to do.