SINGAPORE: Certificate of Entitlement (COE) prices
for vehicles fell across the board in the latest bidding exercise
on Wednesday.
The biggest drop was in the big car category, where
the premium fell S$6,834 to S$85,216.
The COE price for small cars also ended lower,
falling S$4,599 to S$58,001.
Open category COE, which can be used for any vehicle type but ends
up mainly for big cars, retreated S$2,101 to close at
S$86,889.
The COE price for commercial vehicles also dropped. It declined
S$1,447 to S$57,106.
Meanwhile, the premium for motorcycles dipped S$131 to
S$1,890.
-CNA/ac
So what does that mean? Ministerial logic- Inflation falling? Or
neutral as up or down - the poor do not buy cars so it won't hurt
them?
