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| March 19, 2009 | |
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COE premiums up
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COE prices ended mostly higher yesterday ahead of a supply squeeze starting next month. Certificates of entitlement for cars up to 1,600cc ended 4.6 per cent higher at $5,116, while the premium for cars above 1,600cc fell by 2 per cent to $5,001. The Open COE, which can be used for any vehicle type but ends up mainly for cars, was 4.9 per cent firmer at $5,982. The premium for commercial vehicles posted the strongest gain - up 5.7 per cent to $5,600. Motorcycle COEs settled at $912, 4.8 per cent lower than the rate posted at the previous tender two weeks ago. Read the full story in The Straits Times today. | |
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