SINGAPORE: Associate Professor Jamus Lim tabled an adjournment motion in Parliament on 22 September titled “Toward Certificate of Entitlement 2.0”, calling for reforms to Singapore’s Certificate of Entitlement (COE) system. Rising COE Prices and Private Hire Car BidsSiow also addressed concerns over rising COE prices, noting that supply had been doubled since 2023, with a one-off injection of 20,000 COEs announced in October 2024. On the role of private hire car (PHC) companies, he clarified that less than 10% of successful bids in 2025 came from leasing firms. Even excluding PHC bids, he said COE prices would not have been significantly lower. Some users also criticised the COE system itself, questioning its fairness, with one comment pointing out that the bidding process was complicated and convoluted.