In an interview, SMU Assistant Professor of Strategy & Entrepreneurship (Education) Terence Fan discussed why certificate of entitlement (COE) premiums have dropped once more for most categories in the late November 2024 results. He attributed the decline to an increase in additional COEs slated for release in coming years, a lower demand during the holidays and early Chinese New Year, and economic uncertainties. Lastly, he suggested allowing individuals to bid for their own COEs, which could provide dealerships with greater clarity on genuine buyers and enhance overall transparency in the process.
