Thursday, August 23, 2012

COE prices end mostly lower

SINGAPORE: The Certificate of Entitlement (COE) premiums for vehicles ended mostly lower at the close of the latest bidding exercise at 4pm on Thursday.

For Category A (cars 1,600cc and below), the premium closed S$6,612 or about 9 per cent lower at S$66,889, compared with S$73,501 in the previous bidding exercise.

The COE price for Category B (cars 1,601cc and above) ended down S$6,500 or 7 per cent at S$88,002 from S$94,502 in the previous tender.

For Category C (goods vehicles and buses), the premium is now S$59,334, up S$2,333 or 4 per cent.

Motorcycles COE fell S$68 or 3 per cent to S$2,013.

In Category E (Open), the premium closed at S$93,990, down S$1,044 or 1 per cent.

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