Motorcycle COE predictions – why we think it will keep rising
At AloRide, we need to carefully monitor the motorcycle COE price movements and change our rental pricing accordingly. There is no other market variable that impacts us more than that COE price. A good prediction will help us to optimise our assets allocation and risk/investments strategy.
The COVID-19 pandemic has been said to hit “worse than SARS and the Global Financial Crisis” and will likely last for a few years, leading to our hypothesis that the changes we see during this period will last for a long time. In this research, we found evidences that motorbike COE price will keep increasing for at least a few years.