Sometimes, car price movement of the major car dealers, like
toyota, hyundai and nissan, give hints of probable next coe premium
movement.
Compared to one week ago, now:
--> Toyota maintains its pricing.
--> Hyundai also maintains its pricing.
--> Nissan increases its sunny price by 1K.
Also...one more important news.
How much variable bonus received by civil service in Dec 04.
If indeed civil service receives 1 mth variable bonus due to
Singapore 8.5% GDP growth this year, then to a certain extent, the
private sector would take this into account when giving out their
year end bonus.
Private sector always take cue from outlook/forecast by
government.
If the civil service variable bonus remains at 0.5 mth, then I
believe not much impact to be seen for coe prices.