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  3. /CNA Explains: Will new loan limits for private-hire cars mean less COE demand or higher ride-hailing prices?
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CNA Explains: Will new loan limits for private-hire cars mean less COE demand or higher ride-hailing prices?

Katherine Langford
Katherine Langford
Katherine Langford
Editor-in-Chief · Edina, MN

Katherine oversees editorial operations across all six brands. Before joining The Meridan Group, she spent 14 years at the Minneapolis Star Tribune, where she led the metro desk through its digital transformation. She holds a Master's in Journalism from Northwestern's Medill School.

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Editor-in-Chief · Friday, October 30, 2026 at 1:06 PM · 1 min read
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CNA Explains: Will new loan limits for private-hire cars mean less COE demand or higher ride-hailing prices? — Singapore Business news

Individuals buying vehicles registered as private-hire cars can now only borrow up to 70 per cent of the car’s purchase price, compared with 100 per cent previously, but experts say it remains unclear whether this will lead to lower demand for COEs.

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