Owning a car in Singapore, one of the world’s most expensive countries, has always been something of a luxury. But costs have now soared to an all time high.
To add to the other comment, COE has multiple categories, 106k is for cars with 1.6L engine displacement (or a certain amount of power for EVs) and above.
It's going down. It was $106,000 yesterday https://www.theguardian.com/world/2023/oct/04/singapore-cost-car-certificate
If you read the article, it says that price is for any car over 1.6 litre
To add to the other comment, COE has multiple categories, 106k is for cars with 1.6L engine displacement (or a certain amount of power for EVs) and above.