Looks like the sub prime in the US is affecting us in some way. With the high inflation, high cost of business and high oil prices, think there will be a slow drop of COE prices in the months to come with more Singaporeans going broke just to feed the family.
Think expenses will go up another 10 to 20% by year end for the family man. Your electrical bill is going up and with the heat during this period, it's going to be high.