Certificate of Entitlement (COE) prices have dropped for
four out of five categories in the most recent bidding
exercise which concluded on Thursday.
Premiums for Category A (1,600cc and below) saw the largest
decrease, as prices dropped from $73,501 to $66,809 — a difference
of nine per cent from two weeks ago.
For Category B (Cars 1,601cc and above), the COE premium is now at
$88,002, down seven per cent from $94,502.
Prices for the open category (Category E) saw the COE premium fall
from $95,034 to $93,990.
Category D (Motorcyles) also saw a tumble in prices, from $2,081 to
$2,013.
Meanwhile, only Category C (Goods vehicles and buses) saw their
prices increase marginally by four per cent, from $57,001 to the
current $59,334.
