Premiums for Certificate of Entitlement (COE) took a dive across the board, with the price for Category A falling the most - by more than $10,000.
It went from $71,335 to $60,002 in the latest round of bidding, on the back of more COEs released by the Government for the next three months.
Category B premium also dipped from $75,010 to $70,000 while Open Category premium fell from $73,810 to $65,501.
Motorcycle COE also tumbled, from $4,502 to $4,001. The only category that bucked the trend was Category C, for goods vehicles and buses, which went up from $32,890 to $36,301.
Here are the latest Certificate Of Entitlement results from Wednesday's bidding exercise:
Category | Current COE premium ($) | Previous COE premium ($) |
A - Car (1600cc & below) | 60,002 | 71,335 |
B - Car (above 1600cc) | 70,002 | 75,010 |
C - Goods vehicle & bus | 36,301 | 32,890 |
D - Motorcycle | 4,001 | 4,502 |
E - Open | 65,501 | 73,810 |
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