Can I invest in COE as an investable asset?

Certificate of Entitlement (COE) prices have surged to an all-time high since 2014, with Category A at S$71,000 and Category B at $99,000 at the last bidding in March22. Just this year alone, Cat A & B COE increased by around 25%. With this increase in COE, it may make more economic sense to consider alternatives such as ride-hailing or car-sharing.

How ride-hailing and car-sharing can improve our lives:

1. Budgeting & Cashflow Ride-hailing & car sharing do not require hefty downpayments and on-going monthly instalments. The running cost of car ownership could be $1,500 – $2,000/mth, which now could be put aside for retirement funding or even travel plans 2. Environmentally friendly With less car ownership, we can work towards being a more environmental friendly nation With the current trend of working from home, most of the time a car is parked somewhere, depreciating year to year. So unless you have young children whom you need to ferry around, or your job requires you to visit many places in a day, you might want to consider ride-hailing or car-sharing on a pay-per-use basis for economic reasons. What are your thoughts on this? #environmental #climatechange #financialadviser #budgeting #cashflow #coe

Important: The information and opinions in this article are for general information purposes only. They should not be relied on as professional financial advice. Readers should seek unbiased financial advice that is customised to their specific financial objectives, situations & needs. This advertisement or publication has not been reviewed by the Monetary Authority of Singapore.

Published By:

Chan Wen Li Winnie

Winnie Chan is a Certified Financial Planner (CFP) and MDRT Court of the Table qualifier (top 5% of advisers) with 15 years of experience in financial advisory services.

She specialises in helping doctors and high-income professionals build sustainable passive income, protect what they’ve worked for, and create a financial legacy for the people they love. Working across different insurers and investment platforms, Winnie focuses on finding the right fit for each client — not the other way around.

Her experience supporting clients through insurance claims has helped families access the financial protection they planned for, providing peace of mind during life’s most challenging moments.

Winnie was recognised as a Top 5 Weighted Premium producer at Financial Alliance in 2025 — out of close to 500 advisers — and received industry-level recognition for Top 3 Single Premium category Insurer award.

She has also brought financial education to organisations including Carousell Group, Singapore National Eye Centre, and Singtel.

Outside of work, Winnie stays active through regular gym workouts and is an accomplished pianist — recently attaining ABRSM Piano Performance Grade 6 (Merit).
She believes balance matters in finances, and in life.

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