SINGAPORE: Certificate of Entitlement (COE) premiums
for vehicles ended lower for all categories except for the big cars
on Wednesday.
The COE price for small cars dropped to S$56,551,
down 0.8% or S$458 from the S$57,009 in the previous
exercise.
That of big cars closed at S$79,304, up S$1,115 or
1.4% from S$78,189.
In the Open Category, COE was at S$76,881, down S$1,119 or 1.4%
from S$78,000 previously.
For commercial vehicles and buses, otherwise known as Category C,
the COE premium ended down S$1,995 or 3.8% to close at
S$50,009.
Motorcycle COE dropped S$522 or 25.9% to S$1,490.
Market watchers Channel NewsAsia spoke to said that prices are
starting to stabilise due to the record premiums seen in the
previous rounds.
- CNA/ir
