COE prices close higher except for small cars
All but one certificate of entitlement (COE) category ended higher at the latest tender out on Wednesday.
COE for cars up to 1,600cc slid from $68,000 two weeks ago to land at $63,000 - its lowest level in five exercises.
COE for cars above 1,600cc finished at $88,500, up from $80,191. Open COE, which can be used for any vehicle type but ends up mainly for bigger cars, crept up from $87,999 to hit $89,990.
COE for commercial vehicles was slightly higher at $57,809, from $57,334 previously. Motorcycle premium, which stayed at $1 right up to the final minutes of bidding, ended at $1,852 - up from $1,801 a fortnight ago.