9 episodes

Synopsis: Every month, The Straits Times offers expert insights to Singapore's mobility trends and the vehicle quota system, which includes the Certificate of Entitlement (COE).

Podcaster: Lee Nian Tjoe

Produced by podcast editor Ernest Luis & The Straits Times, SPH Media Trust.

COE Watch The Straits Times

    • News

Synopsis: Every month, The Straits Times offers expert insights to Singapore's mobility trends and the vehicle quota system, which includes the Certificate of Entitlement (COE).

Podcaster: Lee Nian Tjoe

Produced by podcast editor Ernest Luis & The Straits Times, SPH Media Trust.

    How used car dealers make money; tips for selling your car

    How used car dealers make money; tips for selling your car

    As it turns out, it is not from the mark-up on the car itself that pays the bulk of the bills for used car dealerships

    Synopsis: In this new podcast, The Straits Times offers expert insights if you are in the market for a new vehicle or are tracking transportation trends.

    Almost 60 per cent of those who sell their cars, are looking for another one. This means that the business of used cars will continue. 

    ST's senior transport correspondent Lee Nian Tjoe speaks with Mr Kuanyu Tan, the country manager of Carro, a used car dealership that buys and claims to sell 6,000 cars a year, to understand the business and what it means to the car buyer. 

    Highlights (click/tap above):

    2:20 Where do used cars go? How do used car dealers get inventory financing?

    6:10 Are used cars really more affordable than new cars? Price trends in relation to COE prices

    17:36 Top two tips for car owners to get the best deal when selling their vehicles

    20:48 How long is too long for a car dealer to hold on to their stock?

    26:30 Carro's scheme to “test-own” electric vehicles in Singapore, to help educate consumers about EVs

    29:40 Why used car dealers are not making offers for electric vehicles

    32:26 The impact of the Lemon Law on used cars

    Produced by: Lee Nian Tjoe (niantjoel@sph.com.sg), Ernest Luis and Teo Tong Kai

    Edited by: Teo Tong Kai

    Follow COE Watch Podcast here:

    Channel: https://str.sg/iTtE

    Apple Podcasts: https://str.sg/iqW2

    Spotify: https://str.sg/iqgB

    SPH Awedio app: https://www.awedio.sg/

    Website: http://str.sg/stpodcasts

    Feedback to: podcast@sph.com.sg

    Read Lee Nian Tjoe's articles: https://str.sg/wt8G

    Follow Lee Nian Tjoe on LinkedIn: https://str.sg/iqkJ

    Read more COE articles: https://str.sg/iGKC

    ---

    Discover more ST podcast channels:

    In Your Opinion: https://str.sg/w7Qt

    Asian Insider: https://str.sg/JWa7

    Health Check: https://str.sg/JWaN

    Green Pulse: https://str.sg/JWaf

    Your Money & Career: https://str.sg/wB2m

    ST Sports Talk: https://str.sg/JWRE

    #PopVultures: https://str.sg/JWad

    Music Lab: https://str.sg/w9TX

    Discover ST Podcasts: http://str.sg/stpodcasts

    ---

    Special edition series:

    True Crimes Of Asia (6 eps): https://str.sg/i44T

    The Unsolved Mysteries of South-east Asia (5 eps): https://str.sg/wuZ2

    Invisible Asia (9 eps): https://str.sg/wuZn

    Stop Scams (10 eps): https://str.sg/wuZB

    Singapore's War On Covid (5 eps): https://str.sg/wuJa

    ---

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    • 38 min
    Why a single female pays less for motor insurance than a married one

    Why a single female pays less for motor insurance than a married one

    How premiums are calculated and how making a claim does not mean a higher premium renewal.

    Synopsis: In this new podcast, The Straits Times offers expert insights if you are in the market for a new vehicle or are tracking transportation trends.

    It is compulsory for all vehicles to have third-party insurance and vehicles that are under financing are required to have comprehensive insurance policies.

    To find out how motorists can avoid some of the pitfalls of getting coverage for their vehicles, ST’s senior transport correspondent Lee Nian Tjoe speaks with Mr Douglas Chia, the chief executive of Eazy, an insurance brokerage.

    Highlights (click/tap above):

    3:33 Why does it seem that motor insurance premiums are always going up, even when the car is getting older?

    10:00 A married male driver pays less for insurance than an unmarried one, but the opposite is true for female drivers: an unmarried one is deemed to be less risky than a married one

    21:33 How the No Claim Discount (NCD) protector does not work to the motorist’s benefit

    28:00 Why accidents in rental cars are so shockingly expensive

    33:49 Horror stories of exorbitant claims from staged accidents

    44:35 What happens if the other party runs away in an accident?

    Produced by: Lee Nian Tjoe (niantjoel@sph.com.sg), Ernest Luis and Teo Tong Kai

    Edited by: Teo Tong Kai

    Follow COE Watch Podcast here:

    Channel: https://str.sg/iTtE

    Apple Podcasts: https://str.sg/iqW2

    Spotify: https://str.sg/iqgB

    SPH Awedio app: https://www.awedio.sg/

    Website: http://str.sg/stpodcasts

    Feedback to: podcast@sph.com.sg

    Read Lee Nian Tjoe's articles: https://str.sg/wt8G

    Follow Lee Nian Tjoe on LinkedIn: https://str.sg/iqkJ

    Read more COE articles: https://str.sg/iGKC

    ---

    Discover more ST podcast channels:

    In Your Opinion: https://str.sg/w7Qt

    Asian Insider: https://str.sg/JWa7

    Health Check: https://str.sg/JWaN

    Green Pulse: https://str.sg/JWaf

    Your Money & Career: https://str.sg/wB2m

    ST Sports Talk: https://str.sg/JWRE

    #PopVultures: https://str.sg/JWad

    Music Lab: https://str.sg/w9TX

    Discover ST Podcasts: http://str.sg/stpodcasts

    ---

    Special edition series:

    True Crimes Of Asia (6 eps): https://str.sg/i44T

    The Unsolved Mysteries of South-east Asia (5 eps): https://str.sg/wuZ2

    Invisible Asia (9 eps): https://str.sg/wuZn

    Stop Scams (10 eps): https://str.sg/wuZB

    Singapore's War On Covid (5 eps): https://str.sg/wuJa

    ---

    Follow our shows then, if you like short, practical podcasts!

    #coewatch
    See omnystudio.com/listener for privacy information.

    • 47 min
    Road testing ideas to bring down COE premiums

    Road testing ideas to bring down COE premiums

    A motor trader with more than 25 years experience in the industry, gives his perspective.

    Synopsis: In this new podcast, The Straits Times offers expert insights if you are in the market for a new vehicle or are tracking transportation trends.

    With the big swings in the price for certificates of entitlement (COEs) in recent tender exercises, ST’s senior transport correspondent Lee Nian Tjoe hosts Mr Nicholas Wong, general manager of Kah Motor, to get his views on some suggestions to address the issue. 

    Highlights (click/tap above):

    2:30 Would COE prices come down if we adopt the “pay as you bid” system?

    6:26 Car buyers bid for COEs themselves: Is that advisable?

    9:17 Cash payment only for COEs, no financing allowed: How feasible?

    13:10 Addressing the problem with electric vehicles in the COE system

    18:00 "Let’s just do away with Open category COEs": Mr Nicholas Wong explains why

    28:25 The types of hybrid technologies in the market today

    38:00 Why hybrids are disadvantaged under the current system

    Read more here: https://str.sg/if4e

    Produced by: Lee Nian Tjoe (niantjoel@sph.com.sg), Ernest Luis and Teo Tong Kai

    Edited by: Teo Tong Kai

    Follow COE Watch Podcast here:

    Channel: https://str.sg/iTtE

    Apple Podcasts: https://str.sg/iqW2

    Spotify: https://str.sg/iqgB

    Website: http://str.sg/stpodcasts

    Feedback to: podcast@sph.com.sg

    Read Lee Nian Tjoe's articles: https://str.sg/wt8G

    Follow Lee Nian Tjoe on LinkedIn: https://str.sg/iqkJ

    Read more COE articles: https://str.sg/iGKC

    ---

    Discover more ST podcast channels:

    In Your Opinion: https://str.sg/w7Qt

    Asian Insider: https://str.sg/JWa7

    Health Check: https://str.sg/JWaN

    Green Pulse: https://str.sg/JWaf

    Your Money & Career: https://str.sg/wB2m

    ST Sports Talk: https://str.sg/JWRE

    #PopVultures: https://str.sg/JWad

    Music Lab: https://str.sg/w9TX

    Discover ST Podcasts: http://str.sg/stpodcasts

    ---

    Special edition series:

    True Crimes Of Asia (6 eps): https://str.sg/i44T

    The Unsolved Mysteries of South-east Asia (5 eps): https://str.sg/wuZ2

    Invisible Asia (9 eps): https://str.sg/wuZn

    Stop Scams (10 eps): https://str.sg/wuZB

    Singapore's War On Covid (5 eps): https://str.sg/wuJa

    ---

    Follow our shows then, if you like short, practical podcasts!

    #coewatch
    See omnystudio.com/listener for privacy information.

    • 45 min
    Should the COE system be revamped? 2 motor industry veterans have their say

    Should the COE system be revamped? 2 motor industry veterans have their say

    Motor industry veterans pitch their ideas to bring down premiums.

    Synopsis: In this new podcast, The Straits Times offers expert insights if you are in the market for a new vehicle or are tracking transportation trends.

    Certificate of entitlement (COE) premiums have doubled from what they were a year ago with expectations that they will continue to rise. This translates to higher vehicle prices. 

    To understand what is driving up COE prices and what can be done about it, host Lee Nian Tjoe speaks with two motor industry veterans - Mr Neo Tiam Ting, President of Singapore Vehicle Traders Association, and Mr Neo Nam Heng, adviser to the Automobile Importer and Exporter Association and chairman of diversified motor group Prime.

    Highlights (click/tap above):

    5:48 Why the industry experts say that it is the private-hire fleet owners that are driving up the COE.

    7:40 We appeal to have a “lock-in period” for car ownership like it is with HDB flats.

    12:35 Car rental companies are having it too easy.

    21:45 How the industry appealed for changes to the COE system in 2012 for taxis.

    23:30 Why cars will become even more expensive in 2024.

    28:00 Are there good bargains for vehicles in the market today?

    Read more: https://str.sg/iGK9

    Produced by: Lee Nian Tjoe (niantjoel@sph.com.sg), Ernest Luis, Teo Tong Kai and Amirul Karim

    Edited by: Teo Tong Kai

    Follow COE Watch Podcast here:

    Channel: https://str.sg/iTtE

    Apple Podcasts: https://str.sg/iqW2

    Spotify: https://str.sg/iqgB

    Website: http://str.sg/stpodcasts

    Feedback to: podcast@sph.com.sg

    Read Lee Nian Tjoe's articles: https://str.sg/wt8G

    Follow Lee Nian Tjoe on LinkedIn: https://str.sg/iqkJ

    Read more COE articles: https://str.sg/iGKC

    ---

    Discover more ST podcast channels:

    COE Watch: https://str.sg/iTtE

    In Your Opinion: https://str.sg/w7Qt

    Asian Insider: https://str.sg/JWa7

    Health Check: https://str.sg/JWaN

    Green Pulse: https://str.sg/JWaf

    Your Money & Career: https://str.sg/wB2m

    ST Sports Talk: https://str.sg/JWRE

    #PopVultures: https://str.sg/JWad

    Music Lab: https://str.sg/w9TX

    Discover ST Podcasts: http://str.sg/stpodcasts

    ---

    Special edition series:

    True Crimes Of Asia (new): https://str.sg/i44T

    The Unsolved Mysteries of South-east Asia (5 eps): https://str.sg/wuZ2

    Invisible Asia (9 eps): https://str.sg/wuZn

    Stop Scams (10 eps): https://str.sg/wuZB

    Singapore's War On Covid (5 eps): https://str.sg/wuJa

    ---

    Follow our shows then, if you like short, practical podcasts!

    #coewatch
    See omnystudio.com/listener for privacy information.

    • 34 min
    Hear our podcasts direct on The Straits Times' app

    Hear our podcasts direct on The Straits Times' app

    Each follow on the audio apps below and a rating really helps us! Happy listening!

    Synopsis: A brand new feature is within The Straits Times app, which you can download from the Apple app store or the Google Play store. For those of you who already have it, the latest version update now has a dedicated Podcast Section, where you can listen to our latest incoming show episodes and check out back episodes too.

    You can also choose to follow our podcast RSS feeds, or the shows on Apple Podcasts and Spotify.

    If you have a smart home speaker like the Google Home or Nest device, or your Android phone, just say: “Hey Google, play me (name of any of the shows below) or The Straits Times Podcasts.”

    Get The Straits Times app from

    The App Store: https://str.sg/icyB

    Google Play: https://str.sg/icyX

    Produced & edited by: Ernest Luis & Teo Tong Kai

    Follow ST Podcasts:

    Channel: https://str.sg/wvz7

    Apple Podcasts: https://str.sg/wukK

    Spotify: https://str.sg/wukH

    SPH Awedio app: https://www.awedio.sg/

    Website: http://str.sg/stpodcasts

    Feedback to: podcast@sph.com.sg

    ---

    Discover more ST podcast channels:

    COE Watch: https://str.sg/iTtE

    In Your Opinion: https://str.sg/w7Qt

    Asian Insider: https://str.sg/JWa7

    Health Check: https://str.sg/JWaN

    Green Pulse: https://str.sg/JWaf

    Your Money & Career: https://str.sg/wB2m

    ST Sports Talk: https://str.sg/JWRE

    #PopVultures: https://str.sg/JWad

    Music Lab: https://str.sg/w9TX

    Discover ST Podcasts: http://str.sg/stpodcasts

    ---

    Special edition series:

    True Crimes Of Asia (6 eps): https://str.sg/i44T

    The Unsolved Mysteries of South-east Asia (5 eps): https://str.sg/wuZ2

    Invisible Asia (9 eps): https://str.sg/wuZn

    Stop Scams (10 eps): https://str.sg/wuZB

    Singapore's War On Covid (5 eps): https://str.sg/wuJa

    ---

    Follow our shows then, if you like short, practical podcasts!

    #stpodcasttr
    See omnystudio.com/listener for privacy information.

    • 2 min
    Why 6-digit COE prices are the new normal: Ex-industry insider reveals

    Why 6-digit COE prices are the new normal: Ex-industry insider reveals

    Hear how the final hour of bidding for COEs can typically go, from a ex-motor trade insider.

    Synopsis: The Straits Times offers expert insights to Singapore's mobility trends and the vehicle quota system, which includes the Certificate of Entitlement (COE).

    There are two tender exercises for these COEs every month. It typically opens for three days, from noon on a Monday and to 4pm on Wednesday. But the bidding action only comes alive in the final hour or so, as more bids start to appear and the premiums climb. 

    To help us understand what goes on behind the scenes in that last 60 minutes, ST’s senior transport correspondent Lee Nian Tjoe speaks with Mr Say Kwee Neng, who has been in the motor trade for more than 20 years.

    Highlights (click/tap above):

    2:00 What goes on the final hour of bidding and who is typically left in last crucial 15 minutes of the bidding exercise

    5:28 Three reasons why a dealership may be more driven to bid aggressively to secure COEs

    7:45 "Inside" a big dealership: Setting up a wall of computers dedicated to securing COEs

    12:45 Why motor dealers do not want to drive up COE premiums; best time to buy a car today?

    17:10 Why it is "not the consumer's problem" when COEs rise

    23:20 Say Kwee Neng: “There is no chance that COE premiums will come down. The days of a five-figure COE are well and truly over.”

    Produced by: Lee Nian Tjoe (niantjoel@sph.com.sg), Ernest Luis, Fa’izah Sani and Paxton Pang

    Edited by: Fa’izah Sani

    Follow COE Watch Podcast here:

    Channel: https://str.sg/iTtE

    Apple Podcasts: https://str.sg/iqW2

    Spotify: https://str.sg/iqgB

    Google Podcasts: https://str.sg/iqgu

    Website: http://str.sg/stpodcasts

    Feedback to: podcast@sph.com.sg

    Read Lee Nian Tjoe's articles: https://str.sg/wt8G

    Follow Lee Nian Tjoe on LinkedIn: https://str.sg/iqkJ

    ---

    Discover more ST podcast channels:

    COE Watch: https://str.sg/iTtE

    In Your Opinion: https://str.sg/w7Qt

    Asian Insider: https://str.sg/JWa7

    Health Check: https://str.sg/JWaN

    Green Pulse: https://str.sg/JWaf

    Your Money & Career: https://str.sg/wB2m

    ST Sports Talk: https://str.sg/JWRE

    #PopVultures: https://str.sg/JWad

    Music Lab: https://str.sg/w9TX

    Discover ST Podcasts: http://str.sg/stpodcasts

    ---

    Special edition series:

    True Crimes Of Asia (new): https://str.sg/i44T

    The Unsolved Mysteries of South-east Asia (5 eps): https://str.sg/wuZ2

    Invisible Asia (9 eps): https://str.sg/wuZn

    Stop Scams (10 eps): https://str.sg/wuZB

    Singapore's War On Covid (5 eps): https://str.sg/wuJa

    ---

    Follow our shows then, if you like short, practical podcasts!

    #coewatch
    See omnystudio.com/listener for privacy information.

    • 28 min

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