Mixed bag for COE premiums for cars
CERTIFICATE of Entitlement (COE) prices finished mixed in the second round of bidding in August yesterday.
Premiums for Category A - cars up to 1,600cc and 130bhp - went up from $52,503 to $53,334.
COE prices for Cat B - cars above 1,600cc or 130bhp - went down, however, from $57,903 to $56,500.
For the open Category E, whose certificates can be used for any vehicle type but ends up mainly being deployed for bigger cars, prices also went down, from $58,201 to $56,956.
Motorcycle premiums ended higher, going from $6,206 to $6,352.
COE premiums for goods vehicles and buses decreased, from $48,302 to $48,001.
THE STRAITS TIMES