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CNA·Singapore

Tighter car loans: less COE demand or higher fares?

Summarised by Spiced Kopi · ·9 sec listen

Tighter car loans: less COE demand or higher fares?

Private-hire car buyers in Singapore can now borrow only 70 per cent of a vehicle’s purchase price, down from 100 per cent. Experts say the change may curb COE demand, but its impact on ride-hailing prices remains uncertain.

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