Friday, Aug 22, 2014Friday, Aug 22, 2014
News
 

COE prices close higher except for small cars

Published on Sep 19, 2012 4:15 PM
 
All but one certificate of entitlement (COE) category ended higher at the latest tender out on Wednesday. -- ST PHOTO: NG SOR LUAN

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.

 
If you are not a subscriber, you can get instant, unlimited access here