Dec 2nd Bidding Results has dropped across all categories, is COE prices finally affordable for the masses again?

SINGAPORE: Certificate of Entitlement (COE) premiums for December's 2nd bidding has just been released at the latest tender exercise on Wednesday (20 Dec).
All COE prices across the board ended lower at the last tender of 2023.
Premiums for Cat A fell by $3,020 from $88,020 to $85,000, back from where it was in November's 2nd bidding.
Cat B experienced a significant drop by $20,099 from $130,100 to $110,001, back to where prices were during November's 1st bidding.