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Hotline  +65 3159 1188     🕑 Collection: Mon-Sat 10am-6pm

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Singapore

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.

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Fastest way to get a 2B motorbike licence in Singapore

You constantly think of roaming around Singapore on a motorbike. You always fancy exploring the city on 2 wheels instead of some long-awaited and fully packed public transports (bus, MRT), especially during this COVID-19 period which social distancing is a priority.

If you already had a motorcycle licence in a foreign country, congratulations! You only need to register for a Basic Theory Test, which takes about 1 hour, in order to convert to a Singaporean 2B licence (total cost is about $60).

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Best ways to sell your motorcycle in Singapore

So that time has finally come around. The bike has been serving you for years and you need to get rid of it. Either you’ve outgrown it, you’re a new parent, financial difficulties, moving abroad, or any other reason.

Although selling a motorbike isn’t complicated at all, there are certainly tips and measures you ‘re going to skip if it’s not something you do regularly. Here I’m going to go, step by step, on the best way to sell your used bike. Let’s hope that it helps make your job easier when the time comes.

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Motorcycle Singapore Guide – Getting Your License & Buying A Motorbike in Singapore

Sick of squeezing onto the MRT every morning, but not about to commit financial suicide by taking out a car loan? Well, riding a motorcycle solves both of those problems.

But the road to owning and riding your own bike is a long, arduous one, and probably more expensive than you thought it would be, now that COE has gone through the roof in the past 4 years.

Still, any biker will tell you it’s totally worth it. So let’s get started.

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