COE analysis November 2nd round

COE prices for big cars went up and small cars have gone down. The COE for cars below 1,600ccs (Category A) is $12,689, down by $290. But for big cars (Category B), COE prices rose by some $700 to $14,509. This is still within expectation considering the 3 weeks break. But a recent announcement might push up the COE price in the near future. It is the talk about raising the GST to 7%. Car price is very much affected. So those sitting on the fence might now rush in to beat the rise in GST though dunno when is the rise date. So we have to see the rise in GST news have any major impact or not.