Alternatives to car ownership exist, but they will need support for long-term viability, says SUTD’s Dr Samuel Chng. SINGAPORE: Certificate of Entitlement (COE) premiums closed at yet another record on Wednesday (Sep 17), reaching  nearly S$120,000 for smaller cars in Category A.  The amount may be eye-watering, but it’s no longer surprising. COE prices have increased to multi-year highs across several categories in recent bidding exercises, and market watchers expect  little relief before the